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Listed by: Jonathan Weir (424) 405-3855 DRE #02038545 | Marcus & Millichap (424) 405-3900
$2,175,000
6 Beds
5 Baths5 full baths
3,200sqft
1226 Corona St, Hermosa Beach, CA 90254
$2,175,000
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Single Family Residence
Built in -
$-- HOA
7,691 sqft lot
$680/sq.ft
Description
PRICE REDUCED BY $620,000! Current Income Justifies the Purchase Price - Future Development Potential Comes at a Significant Discount. This is an exceptional opportunity to acquire one of the most compelling value-add and development opportunities in Hermosa Beach. The property is now offered at an attractive $679 per square foot for the existing four income-producing units and just $282 per square foot of land, representing a land basis well below current market levels. Unlike many development opportunities where buyers pay a premium for future potential, this offering makes financial sense as a stand-alone income property while providing substantial upside through futur...
Continue Reading- Houzeo last checked: 36 minutes ago
- Listing updated: August 21, 2026 at 12:17 am
- Source: California Regional MLS-CA | MLS#: 26844077
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
3,200 sqft
Lot Size
7,691 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26844077
MLS Status
Active
Days on Market
82
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