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listing
1 of 32
Residential IncomeFor Sale
$9,000,000
1535 Monterey Boulevard
Hermosa Beach, CA 90254
Listing Office: Re/max Estate Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$46,556/mo

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 6 One-Bedroom, One-Bath Units 8 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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Information courtesy of Re/max Estate Properties is subject to verification and is not guaranteed.
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