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

For more information regarding the value of a property, please contact us for a free consultation.

8,015 Sqft Lot

1535 Monterey BLVD Hermosa Beach, CA 90254

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

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $7,700,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV25155230

Year Built 1949

Lot Size 8,015 Sqft

Property Sub-Type Apartment

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 income in a prime coastal market.

Location

State CA

County Los Angeles

Area 149 - Hermosa Bch Valley

Zoning HBR3YY

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type Kitchen, Living Room

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Awning(s)

Parking Features Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Maintenance Grounds

View Y/N Yes

View Neighborhood, Ocean, Peek-A-Boo

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less


CRMLS – RECore
Listed by Lynn Lord Estate Properties 310-493-7016
Bought with Steven Mullins Vista Sotheby’s International Realty

GET MORE INFORMATION

agent

Eddy And Clarissa

Broker Associate | License ID: 01084166

+1(619) 726-4642

Name
Phone*
Message