Huge Price Drop! Motivated Seller! This is a Classic Beach Bungalow with TONS of charm is located on a deep lot at the peak of the Hermosa Sand Section. The home is currently rented to great tenants for $3600/month (escalating to $3800/month in January 2018) through June 2018. It is perfect for a modest owner as an investment, owner user property or as a development opportunity. The property is also being offered as an extension development opportunity to architect Michael Lee’s design next door at 429 24th Street, Hermosa Beach (See MLS ID: SB17141879). If you eventually build, you will have the potential for wonderful Palos Verdes and ocean views. Located just 4 short blocks from the beach and a few more to Downtown Hermosa Beach, this is an oversized Sand Section lot that is filled with potential. The wonderfully, classic Bohemian home exudes charm.