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1503 Loma Drive

Hermosa Beach, 90254

0 Bd
0 Ba
1,247 Lot
$1,775,000 SOLD Price | Closed 2/9/24
Closed Status
46 Days on Market
Nov 28 First Day Active
$1,949,000 Start Price

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.

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Property Details for 1503 Loma Drive

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Edward Kaminsky
Listing Brokered By
eXp Realty of California, Inc
Type
Residential Income, Duplex
Year Built
1923 (Assessor)
MLS Area
148 - Hermosa Bch Sand

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
46 DOM
Combined DOM*
46
First Date Active
November 28th, 2023
Closing Date
February 9th, 2024
Sold Price
$1,775,000
Orig. List Price
$1,949,000
MLS® #
SB23216723
APN
4183017008
Special
Standard

Home Interior Information

Levels/Stories
Two
Heating
Ductless
Cooling
Ductless
Appliances
Dryer, Washer

Room Information

Laundry
LaundryRoom, Stacked

Exterior Information

Lot Description
0-1 Unit/Acre
Lot Size (sq. ft.)
1,247
Lot Size (acres)
0.03
Pool
None
Parking Spaces
2

View, Style & Tour Information

View
Neighborhood, Ocean, Peek-A-Boo

Utilities Information

Water Source
Public

Additional Information

Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
148 - Hermosa Bch Sand
City/State
Hermosa Beach
Zip Code
90254
County
Los Angeles
# of Units
2
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Listing/Price History

1503 Loma Drive, Hermosa Beach, (MLS® #SB23216723)

Date Details Price Change
Closed $1,775,000
Pending
Active Under Contract (from Active)
Price Reduced (from $1,899,000) $1,750,000 $149,000 (7.85%)
Price Reduced $1,899,000 $50,000 (2.57%)
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Listing Summary

Quick Summary of 1503 Loma Drive: This home in Hermosa Beach is priced at $1,750,000 . The Duplex residence was originally built in 1923 and was listed on November 28th, 2023 at $1,949,000, showing 46 Days on Market currently. Contact Dave Fratello today for more information or to go see 1503 Loma Drive.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 16th, 2024 at 11:16am PDT. 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.