Multifamily Property with 5
518 Bayview Dr Hermosa Beach, CA 90254
518 Bayview Dr, Hermosa Beach, CA, 90254
$2,595,000
For Sale
$2,595,000
Five-unit residential income property on a street-to-street lot configured from recorded triplex space.
Property Size2,707 SF
Lot Size0.07 Acres
Price / SF$958.63
Days on Market73
Property Features for 518 Bayview Dr
General Information
- Standard status
- Active
- Size
- 2,707 SF
- Lot size
- 0.07 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1940
Listing agency
(310) 901-4687
Listed by
Steven Mullins · License #01487977
(310) 901-4687
Source
Elliman
Added: May 10 Updated: Jul 21 at 12:00AM Checked: Jul 21 at 6:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steven Mullins
Investment Insights
Based on property information with market context.
This multifamily property is currently configured with five separate units, despite public records reflecting a triplex. The unit mix includes two 2-bedroom/1-bath units, one 1-bedroom unit, and two studios. Tax records show 1,678 square feet, while total measured space is reported at 1,747, plus a finished basement and storage area of 960 for an approximately total of 2,707 square feet.
Two units have been updated, including a recently improved upper unit with modern finishes and interior laundry. The remaining units present opportunities for enhancement, and one studio is currently vacant and ready for improvement.
The property sits on a 31x100 street-to-street lot spanning 518 Bayview Drive and 519 Monterey Boulevard. The location is described as a short distance to the beach and moments from Pier Avenue, with the surrounding area characterized by newer and extensively updated homes.
Two units have been updated, including a recently improved upper unit with modern finishes and interior laundry. The remaining units present opportunities for enhancement, and one studio is currently vacant and ready for improvement.
The property sits on a 31x100 street-to-street lot spanning 518 Bayview Drive and 519 Monterey Boulevard. The location is described as a short distance to the beach and moments from Pier Avenue, with the surrounding area characterized by newer and extensively updated homes.
Key Highlights
- Five‑unit residential property currently configured with 5 separate units (records reflect a triplex)
- Two 2 bed/1 bath units, one 1 bed unit, and two studios
- Lot is 31x100 with street‑to‑street access via 518 Bayview Drive and 519 Monterey Boulevard
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit residential income property on a street-to-street lot configured from recorded triplex space.
Where is this apartment building located?
The property is located at 518 Bayview Dr Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Five‑unit residential property currently configured with 5 separate units (records reflect a triplex); Two 2 bed/1 bath units, one 1 bed unit, and two studios; Lot is 31x100 with street‑to‑street access via 518 Bayview Drive and 519 Monterey Boulevard