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 coastal market.
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Listing Snapshot
Price
$9,000,000
Days On Site
7 Days
Bedrooms
N/A
Inside Area (SqFt)
5,588 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0923 Acres
Year Built
1949
MLS® Number
PV25155230
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing first seen on site
a week ago
Listing updated with changes from the MLS®
General Features
Acres
0.0923
Garage
Yes
Garage Spaces
6
Number Of Stories
2
Parking
Garage
Parking Spaces
6
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
5588
Stories
One
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
HBR3YY
Interior Features
Fireplace
Yes
Fireplace Features
KitchenLiving Room
Flooring
CarpetTile
Heating
Wall Furnace
Laundry Features
Common AreaLaundry Room
Kitchen
Living Room
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Exterior Features
Exterior
Awning(s)
Lot Features
Corner Lot
Pool Features
None
Spa Features
None
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NeighborhoodOcean
Waterview
NeighborhoodOcean
Community Features
Association Amenities
Maintenance Grounds
Building Access
2
Community Features
Street LightsSidewalks
Financing Terms Available
Cash
MLS Area
149 - Hermosa Bch Valley
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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