1035 Loma Drive

Hermosa Beach, CA 90254

$1,999,999

List Price

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1953

calendar_month Built

Property Description

Charming Street to Street duplex just a few blocks from the stunning Pacific Ocean! This property offers great potential for redevelopment or can be kept as a solid income-generating investment. The current building features two, one-bedroom rental units with strong rental income. However, the real gem here is the lot and its prime location. You could build a spacious single-family home or two three-story townhouses, all with the possibility of ocean and park views. Just a short walk to downtown Hermosa Beach's iconic pier, you’ll have easy access to a variety of restaurants, shops, and biking along The Strand. Opportunities like this don’t come along often, so don’t miss out on this incredible chance!

Listing Information

List Price $1,999,999
Status Active
MLS SB24222439
Type Residential Income
Subtype Duplex
Year Built 1953
Lot Size 2,786
Structure Size N/A
Courtesy Of Vista Sotheby’s International Realty
Listing Agent J. Gregory Maffei DRE#01091979

Interior Features

Laundry Information
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Cooling Type None

Exterior Information

Maps

Listing information courtesy of: J. Gregory Maffei, Vista Sotheby’s International Realty 310-800-0388. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 1st, 2024 at 7:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.