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722 Loma Drive, Hermosa Beach, CA 90254

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For Sale

$2,499,000

1 beds • 2 baths • 998 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $2,504.01
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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, ocean view potential 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 714 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (see Listing ID:SB25018016)
MLS# SB25018024

Courtesy Of Vista Sotheby's International Realty

(310) 541-8271

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    None

Map and Directions

Directions to 722 Loma Drive, Hermosa Beach, CA 90254

Home seller CENTURY 21 Real Estate Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Real Estate Alliance

(650) 689-5888
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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