Courtesy of: J. Gregory Maffei, Vista Sotheby’s International Realty, Greg@PrimeSoCalRealEstate.com
$2,499,000
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1 bed
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2.00 Bath (2 Full)
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Lot: 3,994.00 Square Feet
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Duplex
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$2,499,000
722 Loma Drive 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)
Courtesy of: J. Gregory Maffei, Vista Sotheby’s International Realty, Greg@PrimeSoCalRealEstate.com
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