21
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$2,595,000
Est. payment /mo
4 Beds
5 Baths
2,707 SqFt
Active
518 Bayview Drive Hermosa Beach, CA 90254
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Key Details
Property Type Single Family Home
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,707 sqft
Price per Sqft $958
MLS Listing ID SB26097503
Bedrooms 4
Full Baths 5
Year Built 1940
Lot Size 3,097 Sqft
Property Sub-Type All Other Attached
Property Description
An exceptional opportunity to acquire a multi-unit property in one of Hermosa Beachs most desirable locations, just a short distance to the beach and moments from the energy of Pier Avenue. Situated on a 31x100 square foot street to street lot - 518 Bayview Drive and 519 Monterey Boulevard - the property records reflect a triplex but the property is currently configured with 4 separate occupied units, along with a separate room currently used for storage (including plumbing), offering immediate rental income with meaningful upside through repositioning and renovation and potential ADU opportunity. The unit mix consists of two 2 bedroom 1 bath units, one 1 bedroom unit, one studio and the extra storage unit. The tax records show 1,678 square feet but the total space measured at 1,747 square feet plus a finished basement of approximately 560 square feet and a storage area of approximately 400 square feet for a total of approximately 2,707 square feet. 518 & 518-1/2 Bayview have been updated, including a recently improved upper unit with modern finishes and interior laundry, while others present a clear opportunity to enhance and capture stronger market rents. Set on a sought-after street surrounded by newer and extensively updated homes, the value here is driven as much by the location and lot as it is by the existing improvements. For investors, developers, or owner-users seeking flexibility and long-term potential, the property offers multiple paths forward. With close proximity to the Strand, local dining, shops, and the Hermosa Beach lifestyle, this is a rare chance to se
Location
State CA
County Los Angeles
Direction Property is at 519 Monterey & 518 Bayview
Interior
Flooring Tile
Fireplace No
Appliance Gas Oven, Gas Range
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 4188010030
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
Listed by Steven Mullins, DRE#01487977 Vista Sotheby’s International Realty
Nearby School & Business
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