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1535 Monterey Boulevard, Hermosa Beach, CA 90254

Property

1535 Monterey Boulevard, Hermosa Beach, CA 90254 Sold August 2025 CRMLS
$7,700,000Sold August 2025

Listing Agent: Lynn Lord (DRE #00932611) · Listing Office: Estate Properties · Contact: 310-493-7016 · Bought with: Steven Mullins · Vista Sotheby’s International Realty · MLS #PV25155230 · Source: CRMLS

8,013 sqft
Lot Size
1949
Year Built
Property
Type
1
Stories
6
Garage
None
Cooling
WallFurnace
Heating
Neighborhood, Ocean, PeekABoo
View

About this property

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 income in a prime coastal market.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$7,700,000
Sold August 2025 · listed $9,000,000, on market July 2025 · MLS #PV25155230 · Source: CRMLS
Listing Agent: Lynn Lord · Listing Office: Estate Properties · Contact: 310-493-7016 · Bought with: Steven Mullins · Vista Sotheby’s International Realty
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