Hermosa Bch East (150) Homes with None View

Hermosa Bch East (150) Homes with None View

Welcome to Hermosa Beach East, a hidden gem nestled in the heart of Los Angeles County, California. This charming neighborhood boasts a vibrant coastal lifestyle, perfect for those seeking both relaxation and recreation. Known for its stunning beaches and laid-back atmosphere, Hermosa Beach East offers residents a unique blend of small-town charm and urban convenience.

The area is characterized by its picturesque streets lined with beautiful homes, many of which are designed to reflect the quintessential Southern California aesthetic. While some properties boast breathtaking ocean views, there are also a variety of homes without ocean vistas, providing an opportunity for those who prefer a more affordable entry into this desirable community. These homes often feature spacious layouts, modern amenities, and easy access to local parks, shops, and eateries.

Hermosa Beach East is not just about the homes; it’s about the lifestyle. Residents enjoy a close-knit community, where neighbors become friends and outdoor activities abound. With the beach just a stone’s throw away, you can indulge in surfing, beach volleyball, or simply bask in the sun. The vibrant Hermosa Beach Pier and Strand are perfect for leisurely strolls or biking, while local cafes and restaurants serve up delicious cuisine and refreshing drinks.

Whether you're looking to settle down or invest, Hermosa Beach East offers a charming coastal retreat with a welcoming community spirit. Discover your dream home in this idyllic neighborhood and embrace the California lifestyle at its finest!

Newest Hermosa Bch East (150) Homes with None View

$2,450,000
6 Beds 5 Baths 26844077 MLS Active Status
PRICE REDUCED BY $345,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $765 per square foot for the existing four income-producing units and just $318 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through future redevelopment. Investors can acquire a stabilized four-unit asset at pricing supported by today's cash flow, while effectively securing a premier Hermosa Beach development site at a significant discount to replacement and land value. According to the City, the property may accommodate the future construction of two new single-family residences with an ADU behind each home (buyer to independently verify all development potential with the City of Hermosa Beach). This creates a rare opportunity to generate rental income while preserving the flexibility to develop immediately or capitalize on future appreciation. Whether an investor is seeking stable in-place income, a long-term land hold, or an immediate development project, the property offers multiple strategies to maximize returns. Adding to its appeal, the seller may consider seller financing, creating additional flexibility for qualified buyers. Opportunities to acquire premium Hermosa Beach land with existing income, below-market land pricing, and meaningful development upside are increasingly rare. This is a unique chance to purchase an asset that works both as a cash- flow investment today and as a deeply discounted future development opportunity.

1226 Corona Street, Hermosa Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.