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, with current ocean views from the 2nd floor and FUTURE ocean views from the 2nd and 3rd levels and panoramic ocean views from a roof top deck! The generous lot size for the area offers endless possibilities for a 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)
- Heating System
- Parking
- New Construction YN:
- 0
- Utilities:
- Natural Gas Not Available, Natural Gas Connected
- Laundry:
- See Remarks
- Sewer:
- Conventional Septic
- Common Walls:
- 1 Common Wall
- Senior Community:
- 0
- List Agent Agent ID:
- SMAFFJOH
- Water Source:
- Public
- Lot Features:
- Park Nearby, Level
- Community Features:
- Curbs
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Front or Back
- Street:
- Loma
- Street Number:
- 722
- Street Suffix:
- Drive
- Zip4:
- 4653
- Floor Number:
- 0
- Longitude:
- W119° 36' 14''
- Latitude:
- N33° 51' 33.8''
- Listing Courtesy of:
- Vista Sotheby’s International Realty
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 1
- Zoning:
- HBR2YY
- Lot Size Square Feet:
- 3,994 Sqft
- List Agent Last Name:
- Maffei
- List Agent License Number:
- 01091979
- Special Listing Conditions:
- Trust
- List Office ID:
- s5267
- List Agent First Name:
- J. Gregory
- Directions:
- East of the Ocean a few blocks on 8th Street, turn south 1/2 block on Loma
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Levels:
- Two
- Parcel Number:
- 4187030012
- List Agent License Number:
- 01922362
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
722 Loma Drive, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- SB25018024
- List Price :
- $2,499,000
- Year Built :
- 1953
- Lot Area :
- 0.09 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Status :
- Pending
- Property Type :
- Duplex
- Price Per Square Foot :
- $2,504
- Days on Market :
- 22
