$1,895,000
Pending

1035 Loma Drive

Hermosa Beach, CA 90254
0.06 acres | #SB24222439
Listing OfficeVista Sotheby’s International Realty
Browse 34 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Price reduced for the Holidays. Charming Street to Street, 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. 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!

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,999,999
      • MLS #SB24222439
      • MLS #SB24222439
      • Lot DescriptionGreenbelt
      • Cost1895000
      • Utility SourcePublic
      • Property SubtypeDuplex
      • Acres0.064
      • Year Built1953
      • Stories2
      • Parking Spaces6

Location

Esther NixReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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