1535 Monterey BLVD Pending Save Request In-Person Tour Request Virtual Tour
Hermosa Beach,CA 90254
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 11,176 sqft
Price per Sqft $805
MLS Listing ID PV25155230
Construction Status Turnkey
HOA Y/N No
Year Built 1949
Lot Size 8,015 Sqft
Acres 0.184
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 149 - Hermosa Bch Valley
Zoning HBR3YY
Rooms
Other Rooms Kitchen,Living Room
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Tile
Fireplaces Type Kitchen,Living Room
Fireplace Yes
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 Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Amenities Available Maintenance Grounds
View Y/N Yes
View Neighborhood,Ocean,Peek-A-Boo
Handicap Access No Interior Steps
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Virtual Tour https://tour.caimagemaker.com/l/?id=183042IDX
Lease Land No
Confidential INFO
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Lynn Lord
SHOW CONTACT PH 310-493-7016
SHOW INSTRUCTIONS There is opportunity to see the managers unit only. Call me to discuss. 310-493-7016