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Listed price in listed location currency (USD).
$2,795,000

650

MLS® 26844077

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3200 sqft
Garage 
Taxes 
Days Active 4
Lot Size 0.1766 Acres
Approx. Age 
Avg. Price Per Sqft $873
MLS® Number 26844077

Property Address: 1226 Corona St, Hermosa Beach, CA, 90254-4032

Average square foot calculated using Size range provided by listing agent.

Description

FULLY OCCUPIED - SELLER WILL OFFER FLEXIBLE TERMS TO QUALIFIED BUYER - SELLER FINANCE AVAILABLE. The subject property represents a rare and highly desirable land assemblage totaling approximately 7, 691 square feet in the heart of Hermosa Beach. Currently operating as a four-unit income-producing asset, the property offers investors immediate cash flow while presenting a compelling long-term redevelopment opportunity. The site benefits from a larger-than-average buildable envelope, which is uncommon for the immediate submarket and provides enhanced design flexibility for a future buyer. Based on preliminary analysis, there is a potential opportunity to develop two single family residences along with two accessory dwelling units (ADUs), allowing for a unique and versatile end use. (Buyer to verify all zoning, development standards, and feasibility with the City of Hermosa Beach.) Compared to recent land sales in the surrounding area, the property offers a significant discount on a per-lot and per-square-foot basis, particularly when considering the scale of the assemblage and its potential for creative redevelopment. This positions the asset as an attractive acquisition for both end-users seeking a generational homesite and builders targeting premium coastal product. In summary, the subject property combines current income, rare lot size, and long-term upside, making it one of the more unique opportunities available in the Hermosa Beach market.
MLS® Number26844077
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayUncovered
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$2,795,000List Price

Home Appraisal

This property is estimated to sell between: $2,795,000 and $4,105,000.
Similar properties in this area sold on average for: $3,667,749
Expected to sell in 78 days. Similar properties sold in 82 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1226 Corona St, Hermosa Beach, CA

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