Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50391721
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Exterior Property Features : Awning(s)
- Fireplace: Kitchen,Living Room
- Flooring: Carpet,Tile
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: Kitchen,Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1949
- Building Area Total: 5,588
Exterior Features
- Awning(s)
Accessibility Features
- No Stairs
Pool Features
- None
Laundry Features
- Common Area,Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0923
- Lot Size Source: Assessor
- Lot Size Square Feet: 4019
-
Listing Information
Listing Price Information
- Original List Price: 9,000,000
- Listing Contract Date: 2025-07-10
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4183013018
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
- Association Amenities: Maintenance Grounds
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 149 - Hermosa Bch Valley
- Postal Code Plus 4: 3665
- Directions: 16th and Monterey
- Zoning: HBR3YY
- Source Property Type: Residential Income
- Area: 149 - Hermosa Bch Valley
- Property SubType: Apartment
Building and Construction
- Property Age: 76
- Common Walls: 2+ Common Walls
- Property Condition: Turnkey
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 2
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 07/11/2025 @ 19:05
- MLS: PV25155230
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 5,588 sqft, 4,019 sized lot, and 6 parking. are nearby neighborhoods.