Property listed by eXp Realty of California Inc, Bill Gross 310-210-0008
$1,620,000
Nestled just steps from the shimmering Pacific shoreline, 1502 Ocean Drive presents an exceptional opportunity to own a rare duplex in one of Hermosa Beach's most coveted coastal enclaves. Built in 1932 and retaining its timeless charm, this 1,986 sq ft residence is situated on a 3,797 sq ft lot… Read More zoned HBR1YY, offering incredible flexibility for both investors and owner-users alike. Front unit has ocean views from the 2nd floor! Each of the two units in this well-maintained duplex features classic California beach character, including spacious living areas, natural light-filled interiors, and the relaxed elegance that defines South Bay coastal living. Both upstairs and downstairs have laundry rooms; upstairs has a fireplace. Upstairs has two bedrooms, one bath, living room, dining room and kitchen. The property is ideally located within easy reach of the Strand, the sand, boutique shops, popular dining destinations, and top-rated schools in the Hermosa Beach City School District. Whether you're seeking to enjoy income-producing potential, a multi-generational living arrangement, or a prime redevelopment opportunity, this property offers limitless possibilities. Don't miss the chance to experience coastal living at its finest where sun, surf, and lifestyle converge. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,986
Lot Size
0.09 Acres
Year Built
1932
MLS Number
25558301
30 Days Snapshot Of 90254
$2.82M
+3%
(avg) sold price
14
+27%
homes sold
83
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1932, Building area total: 1,986, Levels: Two, Living area: 1986, 2 stories, 1 building
Income
Gross income: $62,040, Net operating income: $43,552
Lot
0.0872 acres, 3,797 square feet, Size: 3,797
Parking
Driveway
Property
Zoning: HBR1YY
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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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