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714 Loma Drive
Bought with Aaron Klapper with eXp Realty of California, Inc. and Listed by J. Gregory Maffei CA DRE# 01091979 with Vista Sotheby’s International Realty 310-800-0388
Sold

714 Loma Drive

714 Loma Drive, Hermosa Beach, CA 90254

$2,600,000
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 two-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value lies in its prime location 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 from the 2nd and 3rd levels.....and roof-top deck. 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 722 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (Listing ID:SB25018024)

Studio

1,722 Sq.Ft. LIVING AREA

3,970 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Inside
  • Fireplace None

Area & Lot

  • Status Sold
  • Date Sold April 17, 2025
  • Living Area1,722 Sq.Ft.
  • Total Area1,722 Sq.Ft.
  • Lot Area3,970 Sq.Ft.
  • MLS® IDSB25018016
  • TypeMulti-Family
  • YEAR BUILT1953
  • NeighborhoodHermosa Beach
  • View DescriptionOcean

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesElectricity Available, Natural Gas Available, Water Connected
  • PoolNone
  • lot featuresStreet Level
  • HEAT TYPEElectric
  • AIR CONDITIONINGNone
  • sewerPrivate Sewer

Financial

  • Sales Price$2,600,000
  • Zoning HBR2YY

Hermosa Beach

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