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$ 9,000,000
Est. payment | /mo
20 Beds
18 Baths
$ 9,000,000
Est. payment | /mo
20 Beds
18 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
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. 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 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 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
Direction 16th and Monterey
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
HOA Fee Include Exterior (Landscaping)
Tax ID 4183013018
Virtual Tour https://tour.caimagemaker.com/l/?id=183042
Listed by Lynn Lord Estate Properties
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