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$ 9,000,000
Est. payment | /mo
5,588 SqFt
$ 9,000,000
Est. payment | /mo
5,588 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,588 sqft
Price per Sqft $1,610
MLS Listing ID CRPV25155230
HOA Y/N No
Year Built 1949
Lot Size 4,019 Sqft
Acres 0.09
Property Sub-Type Other
Property Description
Prime Beachside Investment Opportunity – 1535 & 1539 Monterey Blvd, Hermosa Beach. 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 8 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 coasta
Location
State CA
County Los Angeles
Zoning HBR3
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Carpet
Fireplace No
Laundry Common Area, Laundry Room
Exterior
View Y/N true
View Other, Ocean
Handicap Access Other
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 4183013018
Virtual Tour https://tour.caimagemaker.com/l/?id=183042IDX
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Listed by Lynn Lord • Estate Properties