$2,600,000
$2,499,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
3,968 Sqft Lot
SOLD DATE : 04/17/2025
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25018016
Sold Date 04/17/25
HOA Y/N No
Year Built 1953
Lot Size 3,968 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 two-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value lies in its prime location 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 from the 2nd and 3rd levels.....and roof-top deck. 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 722 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (Listing ID:SB25018024)
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR2YY
Interior
Heating Electric
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Curbs
Utilities Available Electricity Available, Natural Gas Available, Water Connected
View Y/N Yes
View Ocean
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Private Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4187030011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Aaron Klapper • eXp Realty of California, Inc.
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