Hermosa Beach, CA 90254,714 Loma Drive
Listed by J. Gregory Maffei • Vista Sotheby’s International Realty
Bought with Aaron Klapper • eXp Realty of California, Inc.

$2,600,000

$2,499,000

4.0%
Est.Price: ?

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Est. payment /mo

1,722 SqFt


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

Square Footage 1,722 sqft

Price per Sqft $1,509

MLS Listing ID CRSB25018016

Year Built 1953

Lot Size 3,970 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

Interior

Heating Electric

Cooling No Air Conditioning

Laundry Inside

Exterior

View Ocean

Building

Lot Description Other

Water Public

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