21
See all 21 photos
Listed by Steven Mullins, DRE #01487977 • Vista Sotheby's International Realty
$2,595,000
Est. payment /mo
3,097 Sqft Lot
Active
518 Bayview DR Hermosa Beach, CA 90254
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
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
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 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
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
Copyright 2026 MLSListings Inc All rights reserved.