518 Bayview Drive, Hermosa Beach, CA 90254
Local realty services provided by:CENTURY 21 Lois Lauer Realty
518 Bayview Drive,Hermosa Beach, CA 90254
$2,595,000
- - Beds
- - Baths
- 2,707 sq. ft.
- Multi-family
- Active
Listed by: steven mullins
Office: vista sothebys international realty310-349-3000
MLS#:SB26096102
Source:CRMLS
Price summary
- Price:$2,595,000
- Price per sq. ft.:$958.63
About this home
519 Monterey and 518 Bayview run street to street in a great part of Hermosa Beach. An exceptional opportunity to acquire a multi-unit property in one of Hermosa Beach’s most desirable locations, just a short distance to the beach and moments from the energy of Pier Avenue. Situated on a 31x100 square foot street to street lot - 518 Bayview Drive and 519 Monterey Boulevard - the property records reflect a triplex but the property is currently configured with 4 separate occupied units, along with a separate room currently used for storage (including plumbing), offering immediate rental income with meaningful upside through repositioning and renovation. The lower unit on Monterey is currently being remodeled.
The unit mix consists of two 2 bedroom 1 bath units, one 1 bedroom unit, one studio and the extra storage unit. The tax records show 1,678 square feet but the total space measured at 1,747 square feet plus a finished basement of approximately 560 square feet and a storage area of approximately 400 square feet for a total of approximately 2,707 square feet. 518 & 518-1/2 Bayview have been updated, including a recently improved upper unit with modern finishes and interior laundry, while others present a clear opportunity to enhance and capture stronger market rents.
Set on a sought-after street surrounded by newer and extensively updated homes, the value here is driven as much by the location and lot as it is by the existing improvements. For investors, developers, or owner-users seeking flexibility and long-term potential, the property offers multiple paths forward.
With close proximity to the Strand, local dining, shops, and the Hermosa Beach lifestyle, this is a rare chance to secure a well-located asset with both current income and future upside....
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Home facts
- Year built:1940
- Listing ID #:SB26096102
- Added:132 day(s) ago
- Updated:September 14, 2026 at 11:14 AM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Gas Oven, Gas Range
- Living area:2,707 sq. ft.
Structure and exterior
- Year built:1940
- Building area:2,707 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Near Park
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,595,000
- Price per sq. ft.:$958.63
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:2
- Parking description:Driveway
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