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$ 7,700,000
$ 9,000,000 14.4%
Est. payment /mo
Sold on 08/28/2025
1535 Monterey Boulevard Hermosa Beach, CA 90254
11,176 SqFt
UPDATED:
Key Details
Sold Price $7,700,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 11,176 sqft
Price per Sqft $688
MLS Listing ID CRPV25155230
Sold Date 08/28/25
HOA Y/N No
Year Built 1949
Lot Size 8,013 Sqft
Acres 0.18
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
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
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Listed by Lynn Lord • Estate Properties
Bought with StevenMullins
Bought with StevenMullins