Hermosa Beach, CA 90254,1535 Monterey Boulevard
Hermosa Beach, CA 90254,1535 Monterey Boulevard
Hermosa Beach, CA 90254,1535 Monterey Boulevard
32
$7,700,000
$9,000,000
14.4%
Est.Price: ?

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20 BD
18 BA

1535 Monterey Boulevard Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 08/28/2025

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Key Details

Sold Price $7,700,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV25155230

Bedrooms 20

Property Sub-Type Res Income 2-4 Units

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 parcelsAPNs 4183-013-018 and 4183-013-017this 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 walkers 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

Zoning Assessor

Exterior

View Y/N No

Building

Story 2

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MLS Router / San Diego MLS
Listed by Lynn Lord Estate Properties
Bought with Steven Mullins Vista Sotheby’s International Realty

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agent

Amy Taylor

Agent | License ID: 02187547

+1(619) 244-4481

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