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#SB24249351, Cuoe Arrigotti, Listing Office: Home Team Realty
#SB25018024·
Listing Office: Vista Sotheby’s International Realty·
Listing Agent: J. Gregory Maffei·
Listing Office Phone: 310-800-0388
$2,499,000 List price
722 Loma Dr Hermosa Beach, CA 90254
$10,000
Closing credit¹
0.09 acres
Multi-Family
Property details
About 722 Loma Dr
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)
Highlights
Home typeDuplex
HeatingElectric
StatusSale Pending
(Pending)
(Pending)
Lot size0.0917 Acres
Year built1953
MLS #SB25018024
Garage1 space
Summary
- MLS Number: SB25018024
- MLS Name: CRMLS
- Office Name: Vista Sotheby’s International Realty
- Office Phone: (310) 800-0388
- Listing Agent: J. Gregory Maffei
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,499,000
722 Loma Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $132,500 | $1,810 |
| 2023 | $129,903 | $1,782 |
| 2022 | $127,357 | $1,750 |
| 2021 | $124,861 | $1,777 |
| 2020 | $123,582 | $1,736 |
| 2019 | $121,159 | $1,753 |
| 2018 | $118,785 | $2,422 |
| 2017 | $116,457 | $2,422 |
History based on county public records data.
Nearby schools
7
Beryl Heights Elementary School
Public District KG-5
0.9 mi
•920 Beryl St
8
Jefferson Elementary School
Public District KG-5
0.9 mi
•600 Harkness Ln
9
Towers Elementary School
Public District KG-5
1.2 mi
•5600 Towers St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,095. The majority of Hermosa Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
48%
35k-100k
31%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
42%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 722 Loma Dr in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $2,499,000.
Over 5 listings were sold over their listed price in February 2025 in Hermosa Beach, CA. In the same period over 10 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Hermosa Beach, CA increased by 15% between January and February 2025. The median list price of listings available in February 2025 was $2,367,500, while the average time on the real estate market was 57 days.
From Rocket Homes Real Estate and based on county public records data.