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. Known for its vibrant beach culture and stunning coastal scenery, this charming neighborhood offers a unique blend of laid-back living and modern conveniences. With its proximity to the Pacific Ocean, residents enjoy a relaxed lifestyle filled with sun-soaked days and cool ocean breezes.

Hermosa Beach East is characterized by its friendly community atmosphere, where neighbors become friends and local businesses thrive. The area boasts a variety of amenities, including boutique shops, cozy cafes, and delightful restaurants that cater to every palate. The famed Hermosa Beach Pier is just a short stroll away, providing endless opportunities for beachside leisure, from surfing and volleyball to leisurely walks along the sandy shore.

For those seeking homes without ocean views, Hermosa Beach East offers a diverse selection of properties that perfectly blend comfort and style. These residences are designed for modern living, featuring spacious layouts, updated kitchens, and inviting outdoor spaces that allow for relaxation and entertaining. The neighborhood’s tree-lined streets and well-maintained parks create a serene environment, ideal for families and professionals alike.

Whether you're looking to settle down or invest in a vacation home, Hermosa Beach East presents a unique opportunity to experience the best of Southern California living. Here, you can enjoy the perfect balance of beachside bliss and community charm, all while being just a stone's throw away from the vibrant energy of Los Angeles. Discover your dream home in this delightful coastal enclave 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.