1226 Corona Street, Hermosa Beach, CA 90254
Local realty services provided by:CENTURY 21 Adams & Barnes
1226 Corona Street,Hermosa Beach, CA 90254
$2,795,000
- 6 Beds
- 5 Baths
- 3,200 sq. ft.
- Single family
- Active
Office: marcus & millichap424-405-3900
MLS#:26844077
Source:CRMLS
Price summary
- Price:$2,795,000
- Price per sq. ft.:$873.44
About this home
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....
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Home facts
- Listing ID #:26844077
- Added:4 day(s) ago
- Updated:June 13, 2026 at 10:39 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Kitchen Description:Disposal, Refrigerator
- Living area:3,200 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Building area:3,200 sq. ft.
- Lot area:0.18 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$873.44
Features and amenities
- Appliances:Disposal
Parking
- Parking description:Uncovered
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