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1503 Loma Drive, Hermosa Beach, CA 90254
$1,775,000
1503 Loma Drive, Hermosa Beach, CA 90254View this property at 1503 Loma Drive, Hermosa Beach, CA 90254
1503 Loma DriveHermosa BeachCA90254
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Property Description
Perched just steps from the energy of Pier Avenue (not to mention the legendary sand of Hermosa Beach), 1503 Loma Drive is a blink-and-you'll-miss-it opportunity to own a beautifully-updated turnkey duplex that's so much more than just an income property. Fresh from a recent top-to-bottom renovation of unmatched sophistication, 1503 Loma Drive lives like two brand-new luxury homes. Newly added appliances, air conditioning, windows, kitchens, bathrooms, counter tops, flooring, lighting, electrical & plumbing have completely transformed both the upstairs 1 bed / 1 bath unit (with private deck & peekaboo ocean views) and downstairs 2 bed / 1 bath unit. With two parking spots and a dedicated laundry room, 1503 Loma Drive is more than ready to start generating income… and has to be seen to be believed. But a luxury duplex in an ideal coastal location is bound to generate interest as well as income, so make your move before this opportunity is gone forever.
Full Property Details
Full Property Details for 1503 Loma Dr
General
- Sold For: $1,775,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB23216723
- Added to Site: 202 day(s) ago
Rooms
Other Rooms
- Laundry: Dryer Included, Individual Room, Stackable, Washer Included
Additional Information
- Pool Description: None
Location
- Area: 148 - Hermosa Bch Sand
- County: Los Angeles
- Development Name: 148 - Hermosa Bch Sand
- Driving Directions: North of Pier Ave
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Doors: Sliding Doors
- Entry Location: Front Door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,220
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood, Ocean, Peek-a-Boo
- Lot Size (Acres): 0.0286
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,454.92
- Price Per Unit: 875000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by eXp Realty of California, Inc, Edward Kaminsky
Sold by eXp Realty of California Inc, Danielle Mortensen
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Schools
Schools serving 1503 Loma Dr
School District:Hermosa Beach City Elementary School District
Rating | Name | Grades | Distance |
---|---|---|---|
1645 Valley Dr, Hermosa Beach, CA 90254 | 3-8 | 0.1 mi | |
Hermosa View Elementary School
1800 Prospect Ave, Hermosa Beach, CA 90254 | PK-5 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1503 Loma Dr
Date
Details
Price
Change
Source
2/09/2024
Sold
$1,775,000
1.43%
MLS
1/08/2024
Price Reduced
$1,750,000
-7.85%
MLS
12/12/2023
Price Reduced
$1,899,000
-2.57%
MLS
11/28/2023
Listed
$1,949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1503 Loma Drive, Hermosa Beach, CA 90254 (MLS# SB23216723) is a Multi-Family property that was sold at $1,775,000 on February 09, 2024. Want to learn more about 1503 Loma Drive? Do you have questions about finding other Multi-Family real estate for sale in Hermosa Beach? You can browse all Hermosa Beach real estate or contact a Coldwell Banker agent to request more information.