Hermosa Bch East (150) Homes with None View

Hermosa Bch East (150) Homes with None View

Welcome to Hermosa Beach East, a charming enclave nestled in the heart of California's stunning Los Angeles County. Known for its vibrant community and laid-back coastal lifestyle, Hermosa Beach East offers a unique blend of beach-town charm and modern conveniences. With its picturesque streets lined with palm trees and an inviting atmosphere, this area is perfect for those seeking a tranquil yet dynamic living experience.

One of the standout features of Hermosa Beach East is its diverse range of homes. Here, you’ll find a variety of properties that cater to different lifestyles and tastes. While many homes in the region boast breathtaking ocean views, you’ll also discover an array of delightful residences that do not overlook the water, providing a cozy and intimate setting. These none-view homes are often characterized by their spacious interiors, charming architecture, and proximity to local amenities, making them ideal for families, young professionals, and retirees alike.

Beyond the homes, Hermosa Beach East is rich in recreational opportunities. Residents enjoy easy access to beautiful parks, walking trails, and, of course, the iconic Hermosa Beach itself. The vibrant local dining scene, boutique shops, and community events foster a strong sense of belonging among neighbors. Whether you are looking to immerse yourself in the beach culture or simply enjoy the comforts of home, Hermosa Beach East offers an inviting lifestyle that is hard to resist. Come discover your perfect retreat in this delightful coastal community!

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.