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Listed by J. Gregory Maffei • Vista Sotheby’s International Realty
$2,499,000
Est. payment /mo
998 SqFt
Pending
722 Loma Drive Hermosa Beach, CA 90254
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UPDATED:
02/06/2025 06:46 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
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 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)
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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