722 Loma Drive

Hermosa Beach, CA 90254

$2,499,000

List Price

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1953

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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, 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)

Listing Information

List Price $2,499,000
Status Active
MLS SB25018024
Type Residential Income
Subtype Duplex
Year Built 1953
Lot Size 3,994
Structure Size N/A
DOM 1
Courtesy Of Vista Sotheby’s International Realty
Listing Agent J. Gregory Maffei DRE#01091979

Interior Features

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Exterior Information

Maps

Listing information courtesy of: J. Gregory Maffei, Vista Sotheby’s International Realty 310-800-0388. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 28th, 2025 at 2:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.