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ImagesAll Photos
Sale
Multi-Family (2-4 Units)
Hermosa Beach, Los Angeles County, California
Bedrooms
5 Beds
Bathrooms
5 Baths
Total Area
1,678 undefined
Property Ref
GTQ3TG
Price
$ 2,595,000
Description

518 Bayview Drive, Hermosa Beach, CA 90254

An exceptional opportunity to acquire a multi-unit property in one of Hermosa Beach’s most desirable locations, just a short distance to the beachand moments from the energy of Pier Avenue. Situated on a 31x100 square foot street to street lot - 518 Bayview Drive and 519 MontereyBoulevard - the property records reflect a triplex but the property is currently configured with 5 separate units, offering immediate rental incomewith meaningful upside through repositioning and renovation. The unit mix consists of two 2 bedroom 1 bath units, one 1 bedroom unit and twostudios. Two of the units have been updated, including a recently improved upper unit with modern finishes and interior laundry, while otherspresent a clear opportunity to enhance and capture stronger market rents. One unit is a separate studio that is currently vacant and ready forimprovement, further adding to the potential. Set on a sought-after street surrounded by newer and extensively updated homes, the value here isdriven 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 secure a well-located asset with both current income and future upside.
Features & Amenities
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Tile
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No A/C
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Public
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QC Approved Listing
Disclaimer: Please note that all sizes listed are approximate and based on documentation provided at the time of listing the property. Exact unit/plot sizes may vary from what is presented above.
Location
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Let's get in touch
Mayfair Branch
Mayfair Branch
Listed Office
United Kingdom Sotheby's International Realty
48 Conduit Street, London, England, W1S 2YR
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