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1535 Monterey Boulevard, Hermosa Beach, CA 90254

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For Sale

$9,000,000

20 beds • 18 baths • 5,588 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $1,610.59
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# PV25155230

Courtesy Of Estate Properties

(310) 378-9494

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Tile
  • Rooms
    Kitchen, Living Room
  • View Type
    Ocean

Map and Directions

Directions to 1535 Monterey Boulevard, Hermosa Beach, CA 90254

Home seller CENTURY 21 Union Realty Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Union Realty Co.

(310) 371-6330
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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