Under contract
  • Listing Provided by: 

    Lynn Lord DRE #00932611 310-493-7016,

    Estate Properties,

    Rebecca Salzetti DRE #00699142 310-941-7277,

    Estate Properties

    $9,000,000

    1535 Monterey Blvd, Hermosa Beach, CA 90254

    360beds
    324baths
    11,176sqft
    : 
    Multi Family
    Built in 1949
    -- sqft lot
    $8,489,300 Zestimate®
    $805/sqft
    $-- HOA

    What's special

    Blocks from the sandBeachside locationExterior curb appeal
    Prime Beachside Investment Opportunity – 1535 & 1539 Monterey Blvd, Hermosa Beach. NO LOCAL RENT CONTROL. 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 9 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.
    32 days
    on Zillow
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