$2,499,000

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)
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

IDX 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, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a garage

$2,499,000

722 Loma Dr

$10,000

closing credit¹

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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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,095. Residents of Hermosa Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

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 ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

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. Between January and February 2025, Hermosa Beach, CA real estate market has seen increase in the number of listings by 15%. Listings spent 57 days on the market in February 2025, and had a median list price of $2,367,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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