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 the vibrant city of Hermosa Beach within Los Angeles County, this charming neighborhood offers a delightful blend of coastal living and suburban comfort. Known for its friendly community atmosphere and picturesque surroundings, Hermosa Beach East is the perfect place to call home.

The area boasts a rich array of amenities, including boutique shops, local eateries, and beautiful parks, all just a stone’s throw away from the sandy shores of the Pacific Ocean. Residents enjoy easy access to the Hermosa Beach Pier, where you can soak in the sun, take leisurely strolls, or indulge in water sports. The lively beach culture is complemented by a calendar filled with community events and festivals, making it a vibrant place for families and individuals alike.

While many homes in Hermosa Beach East offer breathtaking ocean views, this region also features a variety of residences that provide a cozy retreat without the view. These homes, characterized by their charming architecture and well-maintained interiors, offer a wonderful opportunity for those seeking comfort and tranquility. With spacious layouts and inviting backyards, these properties are perfect for entertaining or simply enjoying a quiet evening at home.

Whether you’re drawn to the allure of beachside living or the welcoming community spirit, Hermosa Beach East is a fantastic choice for anyone looking to embrace the California lifestyle. Discover your dream home in this idyllic 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

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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.