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Listed by Lynn Lord • Estate Properties
$ 9,000,000
Est. payment | /mo
11,176 SqFt
$ 9,000,000
Est. payment | /mo
11,176 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 11,176 sqft
Price per Sqft $805
MLS Listing ID CRPV25155230
HOA Y/N No
Year Built 1949
Lot Size 8,013 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Prime Beachside Investment Opportunity – 1535 & 1539 Monterey Blvd, Hermosa Beach. NO LOCAL RENT CONTROL. 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 9 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 i
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Carpet
Fireplace No
Laundry Common Area, Laundry Room
Exterior
View Other, Ocean
Handicap Access Other
Building
Lot Description Corner Lot

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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227