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Sold for $2,100,000
  • Listed by: Vista Sotheby’s International Realty • J. Gregory Maffei • Contact: 310-800-0388
    Bought with: eXp Realty of California, Inc.
    $2,100,000

    722 Loma Dr, Hermosa Beach, CA 90254

    2beds
    4baths
    998sqft
    Duplex
    Built in 1953
    -- sqft lot
    $2,061,200 Zestimate®
    $2,104/sqft
    $4,196 Estimated rent

    Home value

    $2,061,200

    $1.86M - $2.29M

    $4,196/mo

    Zestimate® history
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    What's special

    Breathtaking pacific oceanOcean-view duplexGenerous lot size
    Location, location, location! Nestled just a few blocks from the breathtaking Pacific Ocean, this delightful ocean-view duplex presents an exceptional opportunity for redevelopment or income generation. Currently configured as two, one-bedroom units, the property boasts strong rental potential, making it a savvy investment choice. However, the true value lies in its prime location, with current ocean views from the 2nd floor and FUTURE ocean views from the 2nd and 3rd levels and panoramic ocean views from a roof top deck! The generous lot size for the area offers endless possibilities for a new development. Imagine building a luxurious single-family home with an ADU or two, stylish three-story townhomes, each designed to capture stunning ocean and park views. Located just a short stroll from the iconic Hermosa Beach Pier, this property offers convenient access to the vibrant downtown area, brimming with top-notch restaurants, trendy shops, and recreational activities along The Strand. Opportunities like this in such a highly sought-after location are rare. Don’t miss your chance to own this incredible piece of Hermosa Beach real estate! This property can also be purchased alongside 714 Loma Drive, a similar adjacent property, providing nearly 8,000 square feet of combined ocean-view development potential (see Listing ID:SB25018016)

    Zillow last checked:

    Listing updated:

    Listed by:

    J. Gregory Maffei DRE #01091979 310-800-0388,

    Vista Sotheby’s International Realty

    Bought with:

    Aaron Klapper, DRE #01409532

    eXp Realty of California, Inc.

    Source: CRMLS,MLS#: SB25018024MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 998
    • Total interior livable area: 998 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 3,994 Square Feet
    • Features: Level, Near Park
    Details
    • Parcel number: 4187030012
    • Zoning: HBR2YY
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Features: Curbs, Park
    Location
    • Region: Hermosa Beach

    Financial & listing details

    • Price per square foot: $2,104/sqft
    • Tax assessed value: $135,149
    • Annual tax amount: $1,942
    • Date on market: 1/27/2025
    • Cumulative days on market: 22 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 41160
    • Tenant pays: None

    Price history

    DateEventPrice
    4/18/2025Sold$2,100,000-16%$2,104/sqft
    Source: CRMLS #SB25018024 Report a problem
    3/6/2025Pending sale$2,499,000$2,504/sqft
    Source: CRMLS #SB25018024 Report a problem
    2/20/2025Listed for sale$2,499,000$2,504/sqft
    Source: CRMLS #SB25018024 Report a problem
    2/5/2025Pending sale$2,499,000$2,504/sqft
    Source: CRMLS #SB25018024 Report a problem
    1/27/2025Listed for sale$2,499,000$2,504/sqft
    Source: CRMLS #SB25018024 Report a problem
    12/13/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/4/2021Price change$2,545-9.1%$3/sqft
    Source: Zillow Rental Manager Report a problem
    11/23/2021Listed for rent$2,800+27.3%$3/sqft
    Source: Zillow Rental Manager Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/4/2018Listing removed$2,200$2/sqft
    Source: Owner Report a problem
    7/23/2018Price change$2,200-8.3%$2/sqft
    Source: Owner Report a problem
    7/15/2018Price change$2,400-11.1%$2/sqft
    Source: Owner Report a problem
    7/7/2018Listed for rent$2,700$3/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,942 +7.2%$135,149 +2%
    2024$1,811 +1.6%$132,500 +2%
    2023$1,782 +1.8%$129,903 +2%
    2022$1,751 -1.5%$127,357 +2%
    2021$1,778 +0.5%$124,861 +1%
    2020$1,768 $123,582 +2%
    2019$1,768 +0.9%$121,159 +2%
    2018$1,753 $118,785 +2%
    2017$1,753 -27.6%$116,457 +2%
    2016$2,423 -0.4%$114,175 +1.5%
    2015$2,433 +5.3%$112,461 +2%
    2014$2,310 $110,259 +2.5%
    2012-- $107,610 +2%
    2011-- $105,501 +0.8%
    2010-- $104,713 -0.2%
    2009-- $104,963 +2%
    2008-- $102,906 +2%
    2007-- $100,889 +2%
    2006-- $98,911
    2005-- $98,911 +4%
    2004-- $95,072 +1.9%
    2003-- $93,331 +2%
    2002-- $91,502 +4%
    2000-- $87,951
    Find assessor info on the county website

    Neighborhood: 90254

    Nearby schools

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    Estimated market value
    $2,061,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,061,200