1535 Monterey Boulevard new

Hermosa Beach,CA 90254

$ 9000000

- Bed

0 Bath

5588 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,588 sqft

Price per Sqft $1,610

MLS Listing ID PV-25155230

Year Built 1949

Lot Size 4,019 Sqft

Property Sub-Type Apartment

Property Description

Prime Beachside Investment Opportunity - 1535 & 1539 Monterey Blvd, Hermosa Beach. Offered for sale are two sister buildings ideally located just blocks from the sand in beautiful Hermosa Beach. Situated on separate parcels--APNs 4183-013-018 and 4183-013-017--this rare offering includes four apartment buildings totaling 18 units. Each parcel contains 8 units, for a combined unit mix of: 4 Studios 8 One-Bedroom, One-Bath Units 6 Two-Bedroom, One-Bath Units Buildings square footage 5,588 per parcel and lot sizes are 4,019 and 3,994. This highly desirable coastal location is approximately a 16-minute drive to Los Angeles International Airport and offers residents a quintessential Southern California lifestyle. Located near the intersection of Monterey Blvd and 16th Street, the property enjoys strong street presence and is nestled in a vibrant, walkable neighborhood just moments from the beach, shops, restaurants, and local amenities. The surrounding area is considered a walker's paradise. The buildings have been well maintained, with exterior curb appeal that reflects pride of ownership. With a strong unit mix, an unbeatable beachside location, and long-term investment potential, this offering presents a unique opportunity for investors seeking stable income in a prime coastal market.

Location

State CA

County Los Angeles

Area 149 - Hermosa Beach Valley

Zoning HBR3YY

Interior

Heating Wall Furnace

Flooring Carpet,Tile

Fireplaces Type Kitchen,Living Room

Laundry Community,Individual Room

Exterior

Exterior Feature Awning(s)

Parking Features Garage

Garage Spaces 6.0

Pool None

Community Features Sidewalks,Street Lights

Utilities Available Sewer Connected,Water Connected,Electricity Connected,Natural Gas Connected

View Y/N Yes

View Peek-A-Boo,Ocean

Building

Lot Description Corner Lot

Sewer Public Sewer

Others

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