1535 Monterey Boulevard

Hermosa Beach, CA 90254
Sold
$7,700,000
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1535 Monterey Boulevard

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… Read MoreRead Less

Highlights

Bathrooms
0
Square Ft.
8013
Floors
Carpet, Tile
Garages
6 spaces
Acres
0.18
Property Type
Apartment
Year Built
1949
Cooling
None
Fireplaces
Kitchen, LivingRoom
Heating
WallFurnace
Laundry
CommonArea, LaundryRoom
Parking
6 total parking spaces, Garage
Pool
None
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnBond, 18 separate electric meters, 18 separate gas meters
Steven Mullins

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Steven Mullins

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