Welcome to 1640 Loma Dr, a rare, FULLY VACANT 4-unit property in North Hermosa Beach. With original interiors, this blank canvas is ideal for investors or owner-occupants ready to create their vision with a fantastic unit mix: a 3-bed, 2-bed, 1-bed, and a studio unit.… Read More Each unit is filled with natural light, with select units offering city views and private balconies. The property also features an on-site laundry room, a back patio overlooking Hermosa Valley School, and 4 garages and 6 uncovered parking spots, ensuring parking is never a concern. Recent upgrades include fresh paint, new garage doors, new facia boards throughout, new rain gutters throughout, new exterior lighting throughout, new unit entry doors, and new façade elements. Located just a few blocks from the beach, award-winning schools, the pier, and the shops and restaurants of Downtown Hermosa Beach, this property offers exceptional potential for customization and long-term value in an oceanfront city with no local rent control. Reach out to schedule a tour today! Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Robert Sillman [email protected]
Listing Snapshot
Days Online
18
Last Updated
Property Type
Apartment
Lot Size
0.09 Acres
Year Built
1959
MLS Number
SB25057471
30 Days Snapshot Of 90254
$3,358k
-2%
(avg) sold price
13
-18%
homes sold
58
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1959, Building area total: 2,913, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs
Expenses
Operating expense: $47,443
Garage
4 spaces
Income
Gross income: $201,000, Net operating income: $147,527
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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