UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV25155230
Construction Status Turnkey
HOA Y/N No
Year Built 1949
Lot Size 4,020 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 149 - Hermosa Bch Valley
Zoning HBR3YY
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile
Fireplaces Type Kitchen, Living Room
Fireplace Yes
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Awning(s)
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Maintenance Grounds
View Y/N Yes
View Neighborhood, Ocean, Peek-A-Boo
Accessibility No Stairs
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 4183013018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://tour.caimagemaker.com/l/?id=183042
