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1937 Valley Drive, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 5 bed, 2 bath

1937 Valley Drive, Hermosa Beach, California 90254 home-pic-0
ACTIVE UNDER CONTRACT$2,200,000$2,244/sqft
Est. Value: $1,986,541
-9%
AboveEstimate
1937 Valley Drive, Hermosa Beach, California 90254
5Beds
2Baths
2,244Sqft
4,630Lot

Price Vs. Estimate

The estimated value ($1,986,541.4) is $213,458.6 (9%) lower than the list price ($2,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$2.20M vs avg $2.41M ($-210,000)45%
Size:2,244 sqft vs avg 2,333 sqft47%
Price/sqft:$980 vs avg $1.2K32%

More Insights

Built in 1964 (62 years old).
Condition: Built in 1964, this property is explicitly marketed as a 'fixer' requiring 'extensive renovation' and 'substantial investment for modernization and comprehensive upgrades.' The listing also notes 'outdated systems & finishes' for plumbing, electrical, and interiors. While it has 'strong bones,' the need for significant rehabilitation of major components and finishes, including the two kitchens and two bathrooms (which are likely very outdated given the age and description), places it firmly in the 'poor' category. The exterior image also shows an aged facade consistent with a property needing extensive work.
Year Built
1964
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$980
HOA
-
Days on market
-
Sold On
-
MLS number
SB26011110
Home ConditionPoor
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt

About this home

For many years, this special five-bedroom, two-bath home was simply "home"—a place where life unfolded across two thoughtfully designed levels and spaces were created to bring people together. Now, it presents a rare opportunity for a new owner to reimagine, restore, and make it their own. The residence offers a flexible two-story floor plan with two kitchens, ideal for multigenerational living, extended family, or creative reconfiguration. A private accessibility elevator provides seamless access to the upper level, which features no interior stairs, a full kitchen, two bedrooms, and a walk-in shower, offering comfort and ease of living. The lower level includes a separate kitchen, three additional bedrooms, and direct access to the expansive backyard, creating a natural connection between indoor and outdoor living. Enjoy the balcony off the primary bedroom. There are multiple spaces to relax, entertain, or enjoy the generous yard. While the home is a fixer, its size, layout, accessibility features, and outdoor space make it a truly special offering—one with strong bones, meaningful history, and endless potential for transformation. This is a home ready for its next chapter.

G
Gerard Ravel
Listing Agent

Nearby schools

10/10
Hermosa View Elementary School
Public,•K-3•0.3mi
9/10
Opal Robinson Elementary School
Public,•K-5•0.8mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.2mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.6mi
9/10
Mira Costa High School
Public,•9-12•0.5mi
Condition Rating
Poor
Built in 1964, this property is explicitly marketed as a 'fixer' requiring 'extensive renovation' and 'substantial investment for modernization and comprehensive upgrades.' The listing also notes 'outdated systems & finishes' for plumbing, electrical, and interiors. While it has 'strong bones,' the need for significant rehabilitation of major components and finishes, including the two kitchens and two bathrooms (which are likely very outdated given the age and description), places it firmly in the 'poor' category. The exterior image also shows an aged facade consistent with a property needing extensive work.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Coastal Location: Situated in highly desirable Hermosa Beach, offering excellent schools and convenient proximity to local amenities and the beach.
Flexible Multi-Generational Layout: Features two kitchens and distinct living levels, ideal for extended family, potential rental income, or creative reconfiguration.
Enhanced Accessibility Features: Includes a private accessibility elevator and a stair-free upper level, catering to diverse mobility needs.
Expansive Outdoor Living: Offers a generous backyard, multiple spaces for relaxation and entertainment, and a desirable park/greenbelt view.
Significant Renovation Potential: Described with 'strong bones' and 'endless potential,' presenting a valuable opportunity for customization and value appreciation.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Extensive Renovation Required: Explicitly marketed as a 'fixer,' necessitating substantial investment for modernization and comprehensive upgrades.
Outdated Systems & Finishes: Built in 1964, the property likely requires updates to plumbing, electrical, and interior finishes to meet contemporary standards.
Limited Bathroom Count: Two bathrooms for five bedrooms may be insufficient for modern family living, potentially requiring expansion during renovation.
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