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 coastal community offers a perfect blend of laid-back beach life and vibrant local culture, making it an ideal place to call home. With its picturesque streets lined with palm trees and a friendly atmosphere, Hermosa Beach East invites residents to enjoy the best of Southern California living.

The area is renowned for its stunning beaches, where sun-kissed sands meet the sparkling Pacific Ocean. Residents here can indulge in a variety of outdoor activities, from surfing and beach volleyball to leisurely strolls along the iconic Hermosa Beach Pier. The local dining scene is equally enticing, with an array of restaurants and cafes serving up fresh seafood and artisanal fare, perfect for enjoying an evening out with friends or family.

When it comes to real estate in Hermosa Beach East, you'll find homes that exude charm and character, even those without ocean views. These residences offer a unique opportunity to embrace the coastal lifestyle while enjoying the tranquility of the surrounding neighborhood. Many homes feature spacious layouts, inviting gardens, and modern amenities, providing comfort and style for families and individuals alike.

Living in Hermosa Beach East means being part of a close-knit community that values both relaxation and recreation. Whether you're exploring local boutiques, attending community events, or simply soaking up the sun on the beach, this vibrant area has something for everyone. Discover your slice of paradise in Hermosa Beach East, where the beauty of coastal living awaits!

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.