$2,595,000

518 Bayview Drive, Hermosa Beach, CA 90254

4 beds |
5 baths |
2,707 sqft

Condominium
Built in 1940
3,097sqft lot
—— car garage
$959/sqft
Listed 14 days ago

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

Listing Status:: Active
Date Added:: May 1, 2026
Data Last Updated:: May 20, 2026 at 7:11AM
Listing Office:: Vista Sothebyâ€™s International Realty : 310-349-3000
Listing Agent:: Steven Mullins : 310-901-4687
MLS ID:: SB26097503

Appliances: Gas OvenGas Range
Flooring: Tile
A/C: N/K
Fireplace: N/K

Pool: N/K
Parking: Parking spaces: 0

General: 2

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 4188010030
View: N/K

Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Steven Mullins , Vista Sothebyâ€™s International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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