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.
- Pool:
- No
- Heating System:
- Wall Furnace
- Cooling System:
- No
- View:
- Ocean, No, Peek-A-Boo
- Fireplace:
- No, Dining Room
- Parking:
- 10.00
- Electric:
- Electricity - On Bond
- New Construction YN:
- 0
- Utilities:
- Natural Gas Not Available, Natural Gas Connected, Phone Available, Sewer Connected
- Laundry:
- Washer Included, Dryer Included
- Parking:
- Garage - Single Door
- Sewer:
- Public Sewer
- Room Type:
- Living Room, Kitchen
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- VLORDLYN
- Water Source:
- Public
- Lot Features:
- Corner Lot
- Community Features:
- Sidewalks, Street Lights
- Stories:
- 2
- Entry Level:
- 1
- Accessibility Features:
- 32 Inch Or More Wide Doors
- Amenities:
- Maintenance Grounds
- Flooring:
- Carpet, Tile
- Entry Location:
- street
- Spa Construction:
- No
- Property Condition:
- Turnkey
- Exterior Features:
- Awning(s)
- Spa:
- 0
- Street:
- Monterey
- Street Number:
- 1535
- Street Suffix:
- Boulevard
- Zip4:
- 3665
- Floor Number:
- 0
- Longitude:
- W119° 36' 3.2''
- Latitude:
- N33° 51' 54.8''
- Listing Courtesy of:
- Estate Properties
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Zoning:
- HBR3YY
- Lot Size Square Feet:
- 8,013 Sqft
- List Agent Last Name:
- Lord
- List Agent License Number:
- 00932611
- Special Listing Conditions:
- Standard
- List Office ID:
- V7946
- List Agent First Name:
- Lynn
- Directions:
- 16th and Monterey
- Virtual Tour URL Unbranded:
- Click Here
- MLSAreaMajor:
- 149 - Hermosa Bch Valley
- Levels:
- One
- Parcel Number:
- 4183013018
- List Agent License Number:
- 01879720
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1535 Monterey Boulevard, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- PV25155230
- List Price :
- $9,000,000
- Year Built :
- 1949
- Lot Area :
- 0.18 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Close Price :
- $7,700,000
- Status :
- Closed
- Property Type :
- Apartment
- Price Per Square Foot :
- $689
- Days on Market :
- 21
