Welcome to 554 2nd Street in the coveted Valley Section of Hermosa Beach! Located west of PCH and just above the scenic green belt, this charming 3-bedroom home is brimming with potential—ideal for enhancement, expansion, or redevelopment. A dream for builders and developers, this property features a spacious lot of over 4,000 sq. ft. with a 936 sq. ft. structure that’s rentable as-is. Enjoy a prime location just blocks from the beach, situated between Redondo Pier and Hermosa Pier, with easy access to shopping, dining, parks, nightlife, and more. It's also within the highly rated Hermosa Beach Unified School District. Don’t miss this opportunity to make this Hermosa Beach gem your own!