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$ 2,299,000
Est. payment /mo
New
624 1st Hermosa Beach, CA 90254
3 Beds
1 Bath
1,436 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,436 sqft
Price per Sqft $1,600
MLS Listing ID SB26103066
Bedrooms 3
Full Baths 1
Year Built 1922
Lot Size 4,618 Sqft
Property Sub-Type All Other Attached
Property Description
Welcome to 624 1st Place, a rare opportunity in the heart of Hermosa Beach offering exceptional versatility for homeowners, investors, and developers alike. Just moments from the sand, this unique property features a charming main residence plus a separate attached 1-bedroom, 1-bath unit complete with its own kitchenette ideal for extended family, guests, or supplemental rental income. The flexible floor plan allows the option to live in the front home while generating income from the rear unit, currently estimated at approximately $2,500 per month. The existing layout also provides the opportunity to combine both spaces into one larger residence with approximately 1,436 square feet of living space. For those seeking future development potential, the property presents a rare chance to build two modern residences of approximately 2,900 square feet each in one of the South Bays most sought-after coastal communities (buyer to verify with city). Currently tenant-occupied on month-to-month leases, the property offers immediate rental income and flexibility for future plans, with the front home generating $3,900 per month and the rear unit generating $2,500 per month. Beyond the property itself, enjoy the best of the Hermosa Beach lifestyle close proximity to the beach, local shops, restaurants, parks, and award-winning schools, all within a vibrant coastal community conveniently located near everything Los Angeles has to offer. Whether youre searching for a primary residence, income-producing property, or future development project, this is an exceptional opportunity to maximi
Location
State CA
County Los Angeles
Direction PCH to 1St Pl.
Interior
Fireplaces Type Electric
Fireplace No
Laundry Gas & Electric Dryer HU
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 2
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 4188023017
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
Listed by Hany Bekhit, DRE#01913997 West Shores Realty, Inc.