$1,999,999
For Sale

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

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!

  • Property Details
      • Lot DescriptionGreenbelt
      • Stories2
    • Measurements
      • Acres0.064
    • Parking
      • Parking Spaces6
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,999,999
  • Other
      • MLS #SB24222439

Location

Carl and Arda ClarkReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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