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    1/2 BATHS
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Listing Details

Status
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On Site
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MLS #
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Neighborhood
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School Ratings & Info

Description

Bring your Investors and Creative Builders! Beach cottage duplex in fantastic location, just 1/2 mile from the sand and surf. Also close to Hermosa trails and greenbelt. Short bike ride to strand and downtown Hermosa Beach. From tear-down or restoration to total redevelopment of 2 units, this vintage fixer property has endless opportunities. It has a small lot size, and no garage, but there are three dedicated parking spots off the street. The short street dead-ends at a very nice park with playground and trails. Unit 538 is a 1/1 and unit 540 is a 2/1 (1/1 per assessor) with a small back yard and storage shed. No laundry. Both units are all original with hardwood floors. City of Hermosa indicates the ability to build 2 units, SFR with an ADU, and Buyer to verify. Non-conforming without parking.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T18:26:50.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120567338
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538 Loma Drive Hermosa Beach, CA 90254

  • Price: $1,399,000
  • Status: Active
  • Updated: 59 min ago
  • ID#: PV21182035
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1940
Built
Neighborhood:
148 - Hermosa Bch Sand
County:
Los Angeles
Area:
148 - Hermosa Bch Sand
Property Description
Bring your Investors and Creative Builders! Beach cottage duplex in fantastic location, just 1/2 mile from the sand and surf. Also close to Hermosa trails and greenbelt. Short bike ride to strand and downtown Hermosa Beach. From tear-down or restoration to total redevelopment of 2 units, this vintage fixer property has endless opportunities. It has a small lot size, and no garage, but there are three dedicated parking spots off the street. The short street dead-ends at a very nice park with playground and trails. Unit 538 is a 1/1 and unit 540 is a 2/1 (1/1 per assessor) with a small back yard and storage shed. No laundry. Both units are all original with hardwood floors. City of Hermosa indicates the ability to build 2 units, SFR with an ADU, and Buyer to verify. Non-conforming without parking.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features BikingPark Garage YN No Gross Income 2000 Gross Scheduled Income 2150 Inclusions O'keefe And Merit Stoves And A RefrigeratorStorage Shed Insurance Expense 100 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional Net Operating Income 2000 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 150 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 120 Water Sewer Expense 480 Water Source Public Zoning Hbr2yy

Listing provided courtesy of Louise Flanigan of Vista Sotheby's International Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T18:26:50.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505