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Listed by J. Gregory Maffei • Vista Sotheby’s International Realty
$ 2,499,000
Est. payment | /mo
998 SqFt
$ 2,499,000
Est. payment | /mo
998 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 998 sqft
Price per Sqft $2,504
MLS Listing ID CRSB25018024
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 3,994 Sqft
Property Sub-Type Duplex
Property 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, with current ocean views from the 2nd floor and FUTURE ocean views from the 2nd and 3rd levels and panoramic ocean views from a roof top deck! The generous lot size for the area offers endless possibilities for a 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
Location
State CA
County Los Angeles
Interior
Heating Electric
Cooling No Air Conditioning
Fireplace No
Laundry Inside
Building
Lot Description Level, Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227