722 Loma Drive
Hermosa Beach, CA 90254
0.09 acres | #SB25018024
Description
Location, location, location! Nestled just a few blocks from the breathtaking Pacific Ocean, this delightful ocean-view duplex presents an exceptional opportunity for redevelopment or income generation. Currently configured as two, one-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value lies in its prime location, ocean view potential and the generous lot size, offering endless possibilities for new development. Imagine building a luxurious single-family home with an ADU or two, stylish three-story townhomes, each designed to capture stunning ocean and park views. Located just a short stroll from the iconic Hermosa Beach Pier, this property offers convenient access to the vibrant downtown area, brimming with top-notch restaurants, trendy shops, and recreational activities along The Strand. Opportunities like this in such a highly sought-after location are rare. Don’t miss your chance to own this incredible piece of Hermosa Beach real estate! This property can also be purchased alongside 714 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (see Listing ID:SB25018016)
Property Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable
- Lot DescriptionLevel, NearPark
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,499,000
- MLS #SB25018024
- MLS #SB25018024
- Cost2499000
- Acres0.0917
- Utility SourcePublic
- Property SubtypeDuplex
- Year Built1953
- Stories2
- Parking Spaces1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: J. Gregory Maffei (#SMAFFJOH)
Listing Office: Vista Sotheby’s International Realty (#s5267)
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.
