Overview
- Apartment, Residential Income
- 6.0
- 11176 Sqft
- 1949
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.
Address
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Address: 1535 Monterey Boulevard
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State/county: CA
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Zip/Postal Code: 90254
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Country: US
Details
Updated on August 29, 2025 at 4:48 am-
Property ID PV25155230
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Price $9,000,000
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Property Size 11176 Sqft
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Land Area 0.184 Acres
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Garages 6.0
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Year Built 1949
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan
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Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling None
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Heating Wall Furnace
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Flooring Carpet, Tile
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Garage
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Community Features Street Lights, Sidewalks
Mortgage Calculator
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Down Payment
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Loan Amount
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Property Tax
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Monthly HOA Fees