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Multifamily Property with 5 Units

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
Listed by Steven Mullins · License #01487977
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.

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

Suggested Use

Daycare Center Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Restaurant Clothing & Fashion Store Supermarket

Zoning and permitted uses should be independently verified with local authorities.

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
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