138 1st Street, Hermosa Beach, CA 90254

About this condo

Price Improvement! This is LAND only with No Structure(structure was torn down years ago)..listed under Residential Income for exposure purposes only. Amazing and rare opportunity to develop for investment or build your dream home on this 2,845 square foot lot approximately one block to the beach and Strand in Hermosa Beach!! Fabulous location which is walking distance to the beach, Strand, bike path, jogging greenbelt, all of the fabulous restaurants, shopping, parks, activities and entertainment that the beach life has to offer!! Potential to possibly build 2 units(zoned HB-R3YY), however, Buyer to verify with the city. Don't miss out on this incredible opportunity! Please reference the listing in the Land section of the MLS(MLS#SB23092318). PLEASE NOTE: Although listing says built in 1950,this is incorrect... there is no structure on the property...only land with some concrete

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$1,825,000

Sold September 2023 · listed $2,000,000, orig. $2,100,000, on market May 2023 · MLS #SB23113934 · Source: CRMLS

Listing Agent: Sherry LaMaison · Listing Office: RE/MAX Estate Properties · Contact: 310-378-9494 · Bought with: Amir Amiri · Merit Real Estate

$1,825,000

Sold September 2023 · listed $2,000,000, orig. $2,100,000, on market May 2023 · MLS #SB23092318 · Source: CRMLS

Listing Agent: Sherry LaMaison · Listing Office: RE/MAX Estate Properties · Contact: 310-378-9494 · Bought with: Amir Amiri · Merit Real Estate

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