Welcome to 201 28th Street. Currently an ocean view duplex just a block from the beach in the most sought after neighborhood in Hermosa. The lot and location offer an abundance of possibilities, including building a brand new single family home with panoramic ocean views and an estimated 3,600 square feet. The separation from neighborhing homes would make for sit down views from the entire 2nd and 3rd levels. Located equidistant between the Hermosa and Manahattan Piers, this north Hermosa neighborhood has a wonderful community feel with easy access to both downtown areas as well as a variety of neighborhood restaurants and shops. Whether you’re a buyer, investor or developer, the possibilities are endless. Currently being used as duplex with 4 bed/3 bath and a 2 bed/2 bath units both featuring private balconies and great ocean views. Other options include buy and hold with built-in reliable rental income and for capital appreciation. Renovate existing original interiors for added value and significant upside in rents (estimated potential $6,000 & $3,200 = 3.3 cap). Or, live in one unit and rent the other for an affordable beach lifestyle while your tenant helps to payoff your mortgage. Regardless of how you chose to utilize this property, its location, full lot and unit configuration are a winning combination. Square footage per appraisal. Buyer to verify. Also listed as residential income MLS SB16749512 with more information on current rentals