518 Bayview DR, Hermosa Beach, CA 90254
518 Bayview DR, Hermosa Beach, CA 90254
518 Bayview DR, Hermosa Beach, CA 90254
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Steven Mullins, DRE #01487977 • Vista Sotheby's International Realty
$2,595,000
Est. payment /mo
3,097 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26096102

Year Built 1940

Lot Size 3,097 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

519 Monterey and 518 Bayview run street to street in a great part of Hermosa Beach. An exceptional opportunity to acquire a multi-unit property in one of Hermosa Beach's 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. The lower unit on Monterey is currently being remodeled. 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. Se

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Rooms

Kitchen Oven Range - Gas, Oven - Gas

Interior

Cooling None

Laundry Other

Exterior

Parking Features Other

Garage Spaces 2.0

Pool None

Building

Water District - Public

Others

Tax ID 4188010030

Special Listing Condition Not Applicable


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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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