1535 Monterey Boulevard Pending

Hermosa Beach,CA 90254

$ 9000000

- Bed

0 Bath

11176 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 11,176 sqft

Price per Sqft $805

MLS Listing ID CRPV25155230

Year Built 1949

Lot Size 8,013 Sqft

Property Sub-Type Other

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 i

Location

State CA

County Los Angeles

Zoning HBR3

Interior

Heating Wall Furnace

Cooling None

Flooring Tile,Carpet

Laundry Common Area,Laundry Room

Exterior

View Y/N true

View Other,Ocean

Building

Lot Description Corner Lot

New Construction No

Others

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