There are multiple listings for this address:
Price reduced for the Holidays. Charming, full lot 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. If you choose to keep this as an investment property, existing rents are $4500/month. Proforma would be closer to $5000/month. This property is 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 to own a prime property this close to the beach!
Property Details
Price:
$1,895,000
MLS #:
SB24222436
Status:
Pending
Beds:
2
Baths:
2
Address:
1035 Loma Drive
Type:
Single Family
Subtype:
Duplex
Neighborhood:
148hermosabchsand
City:
Hermosa Beach
Listed Date:
Oct 31, 2024
State:
CA
Finished Sq Ft:
1,432
ZIP:
90254
Lot Size:
2,786 sqft / 0.06 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Elementary School:
Hermosa View
Middle School:
Hermosa Valley
High School:
Mira Costa
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Biking, Curbs
Garage Spaces
2.00
Lot Features
No Landscaping
Parking Features
Carport, Driveway – Combination, Garage, Garage Faces Front, Garage Faces Rear, Garage – Single Door, Garage – Three Door
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1035 Loma Drive Hermosa Beach CA
- Area148 – Hermosa Bch Sand
- CityHermosa Beach
- CountyLos Angeles
- Zip Code90254
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Courtesy of Vista Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1035 Loma Drive
Hermosa Beach, CA
Price reduced for the Holidays. Charming, full lot 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. If you choose to keep this as an investment property, existing rents are $4500/month. Proforma would be closer to $5000/month. This property is 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 to own a prime property this close to the beach!
Property Details
Price:
$1,895,000
MLS #:
SB24222439
Status:
Pending
Baths:
0
Address:
1035 Loma Drive
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
148hermosabchsand
City:
Hermosa Beach
Listed Date:
Oct 31, 2024
State:
CA
ZIP:
90254
Lot Size:
2,786 sqft / 0.06 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Elementary School:
Hermosa View
Middle School:
Hermosa Valley
High School:
Mira Costa
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Biking, Curbs
Garage Spaces
2.00
Lot Features
No Landscaping
Parking Features
Carport, Driveway – Combination, Garage, Garage Faces Front, Garage Faces Rear, Garage – Single Door, Garage – Three Door
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1035 Loma Drive Hermosa Beach CA
- Area148 – Hermosa Bch Sand
- CityHermosa Beach
- CountyLos Angeles
- Zip Code90254
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