909 Montgomery Drive, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 2 bed, 2 bath

909 Montgomery Drive, Hermosa Beach, California 90254 home-pic-0
ACTIVE$2,450,000
909 Montgomery Drive, Hermosa Beach, California 90254
2Beds
2Baths
1,616Sqft
4,077Lot
Year Built
1956
Close
-
List price
$2.45M
Original List price
$2.45M
Price/Sqft
$1,516
HOA
-
Days on market
-
Sold On
-
MLS number
25521011
Home ConditionFair
Features
Good View: Ocean
ViewOcean

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.45M(49th), sqft - 1616(32th), beds - 2(12th), baths - 2(41th).

Hermosa Beach Large Corner Lot Home with Ocean Views & Expansion Potential. This 2-bedroom, 2-bathroom home includes a Living & Dining Area highlighted by beautiful wood-vaulted ceilings and a fireplace. The Den features a fireplace and wood-vaulted ceilings; with potential for conversion into a third bedroom. The Kitchen is updated with granite countertops and tile floors: includes a laundry room and pantry. 2-car garage and large basement space. The home benefits from a newer roof. This property is being sold strictly as-is, offering a unique opportunity to personalize and enhance a residence in a prime Hermosa Beach location. Discover the potential of this ocean-view home and envision your future in this sought-after neighborhood.

Nearby schools

10/10
Hermosa View Elementary School
Public,K-30.3mi
8/10
Jefferson Elementary School
Public,K-50.6mi
8/10
Beryl Heights Elementary School
Public,K-50.9mi
8/10
Hermosa Valley Elementary School
Public,4-80.3mi
8/10
Parras (Nick G.) Middle School
Public,6-81.5mi
8/10
Redondo Union High School
Public,9-121.3mi
Condition Rating
Fair

Built in 1956, this home features an updated kitchen with granite countertops and stainless steel appliances, and a newer roof. However, the bathrooms are notably outdated with older fixtures and finishes, and the flooring in living areas appears to be older carpet. The 'as-is' sale condition suggests further deferred maintenance or necessary updates beyond what is visible. While functional, it requires minor updates and repairs, particularly in the bathrooms, to meet current aesthetic and quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10).
Prime Location & Ocean Views: Situated in a highly desirable Hermosa Beach neighborhood, the property offers valuable ocean views, enhancing its appeal and potential appreciation.
Significant Expansion Potential: A large corner lot, substantial basement space, and a den convertible to a third bedroom provide considerable opportunities for customization and value addition.
Key System Updates: The home benefits from a newer roof and an updated kitchen with granite countertops and tile floors, addressing major maintenance items.
Architectural Character: Beautiful wood-vaulted ceilings and two fireplaces in the living/dining area and den add unique charm and aesthetic appeal to the interior.
Excellent School District: The property is located within a highly-rated school district, which is a strong draw for families and contributes to long-term value.

Cons

As-Is Sale Condition: Being sold strictly 'as-is' implies that the buyer will likely need to invest in further repairs, renovations, or deferred maintenance, assuming all associated risks.
Potential Overpricing: The listing price is 20% above the property's estimated value, suggesting it may be priced aggressively relative to current market valuations and comparable sales.
Limited Current Bedroom Count: With only two existing bedrooms, the property may appeal to a narrower buyer demographic, despite the stated potential for conversion to a third bedroom.

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