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 California's stunning coastline. Located in Los Angeles County, this charming community is the perfect blend of coastal living and vibrant local culture. Just a stone's throw from the sandy shores, Hermosa Beach East offers residents the opportunity to enjoy a laid-back lifestyle while being close to the bustling energy of the beach.

The neighborhood is characterized by its picturesque streets lined with beautiful homes, many of which boast a unique architectural charm that reflects the area's rich history. While some properties may not offer ocean views, they more than make up for it with their inviting interiors and proximity to local amenities. Residents can enjoy easy access to an array of shops, restaurants, and parks, making it an ideal spot for families and individuals alike.

Hermosa Beach East is not just about the homes; it’s about the lifestyle. The community is known for its friendly atmosphere, where neighbors become friends and outdoor activities abound. Spend your weekends biking along the scenic Strand, exploring local boutiques, or indulging in fresh seafood at one of the many nearby eateries. With a strong sense of community and a relaxed vibe, Hermosa Beach East is a place where you can truly feel at home.

Whether you're looking to settle down or invest in a vacation property, Hermosa Beach East offers a unique opportunity to experience the best of Southern California living. Discover your dream home in this vibrant neighborhood today!

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

Start Your Search

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.