1035 Loma Drive Price reduced for the Holidays. Charming Street to Street, full lot duplex just a few blocks from the stunning Pacific Ocean! This property offers great potential for redevelopment or can be kept as a solid income-generating investment. The current building features two. one-bedroom rental units with strong rental income. However, the real gem here is the lot and its prime location. You could build a spacious single-family home or two three-story townhouses, all with the possibility of ocean and park views. Just a short walk to downtown Hermosa Beach's iconic pier, you’ll have easy access to a variety of restaurants, shops, and biking along The Strand. Opportunities like this don’t come along often, so don’t miss out on this incredible chance!