714 Loma DR new

Hermosa Beach,CA 90254

$ 2499000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25018016

HOA Y/N No

Year Built 1953

Lot Size 3,968 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 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. 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

Special Listing Condition Trust

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