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Rose O'Reilly-Sievers

realtorrosesandiego@gmail.com +1(858) 472-3975

$ 2,250,000

Est. payment | -/mo

3 Beds

1 Bath

1,436 SqFt

Save

$ 2,250,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,436 SqFt

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 $1,566

MLS Listing ID SB26235730

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 $4,100 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.
Co-listed byNON LISTED OFFICE

Schools and Properties Nearby

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+1(858) 472-3975

realtorrosesandiego@gmail.com

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624 1st Hermosa Beach, CA 90254