#SB25030503, John Alvin, Listing office: John Alvin / Broker
#PV25155230·
Listing office: Estate Properties·
Listing agent: Lynn Lord·
Listing office phone: 310-493-7016
$9,000,000 List price
1535 Monterey Blvd Hermosa Beach, CA 90254
0.2 acres
Condo
Property details
About 1535 Monterey Blvd
Prime Beachside Investment Opportunity – 1535 & 1539 Monterey Blvd, Hermosa Beach. NO LOCAL RENT CONTROL. Offered for sale are two sister buildings ideally located just blocks from the sand in beautiful Hermosa Beach. Situated on separate parcels—APNs 4183-013-018 and 4183-013-017—this rare offering includes four apartment buildings totaling 18 units. Each parcel contains 9 units, for a combined unit mix of: 4 Studios 8 One-Bedroom, One-Bath Units 6 Two-Bedroom, One-Bath Units Buildings square footage 5,588 per parcel and lot sizes are 4,019 and 3,994. This highly desirable coastal location is approximately a 16-minute drive to Los Angeles International Airport and offers residents a quintessential Southern California lifestyle. Located near the intersection of Monterey Blvd and 16th Street, the property enjoys strong street presence and is nestled in a vibrant, walkable neighborhood just moments from the beach, shops, restaurants, and local amenities. The surrounding area is considered a walker’s paradise. The buildings have been well maintained, with exterior curb appeal that reflects pride of ownership. With a strong unit mix, an unbeatable beachside location, and long-term investment potential, this offering presents a unique opportunity for investors seeking stable income in a prime coastal market.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.184 Acres
Year built1949
ParkingGarage
MLS #PV25155230
Garage6 spaces
FireplaceKitchen, Living Room
ViewNeighborhood, Ocean
Summary
- Flooring Type: Carpet, Tile
- Fireplace: Kitchen, Living Room
- Garage Space: 6 spaces
- Private Pool: No
- Parking: Garage
- View: Neighborhood, Ocean
- Exterior: Awning(s)
- Heating: Wall Furnace
- Cooling: None
- List Price: $9,000,000
- Annual Tax Amount: $16,907
- Tax Year: 2024
- Lot: Corner Lot
- Directions: 16th and Monterey
- Year Built: 1949
- Stories: 2
- Lot Size: 0.184 Acres
- MLS Number: PV25155230
- MLS Name: CRMLS
- Office Name: Estate Properties
- Office Phone: (310) 493-7016
- Listing Agent: Lynn Lord
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 19, 1996 | Home Sold | $1,665,000 |
| Apr 27, 1965 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,357,154 | $16,907 |
| 2023 | $1,330,569 | $16,592 |
| 2022 | $1,304,506 | $16,300 |
| 2021 | $1,278,953 | $16,334 |
| 2020 | $1,264,573 | $15,570 |
| 2019 | $1,239,779 | $15,148 |
| 2018 | $1,215,470 | $15,278 |
| 2017 | $1,191,638 | $15,278 |
History based on county public records data.
Nearby schools
9
Robinson Elementary School
Public District KG-5
0.9 mi
•80 Morningside Dr
9
Pennekamp Elementary School
Public District KG-5
1.1 mi
•110 S Rowell Ave
8
Jefferson Elementary School
Public District KG-5
1.1 mi
•600 Harkness Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,996. Typical income of Hermosa Beach, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
35%
<35k
38%
35k-100k
14%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
31%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
#SB24212398, Bill Ruane, Listing office: Estate Properties
#SB25072102, John Novak, Listing office: Beach City Brokers
#PW25048683, Delight Sittman, Listing office: ReMax Tiffany Real Estate
#SB25075498, David Salzman, Listing office: Engel & Volkers LA South Bay
#SB25149416, Patrick Byrne, Listing office: West Shores Realty, Inc.
#SB25070921, Richard Eldred, Listing office: Coldwell Banker Residential Br
Frequently asked questions
About 1535 Monterey Blvd
The listing price of 1535 Monterey Blvd property is $9,000,000.
The property 1535 Monterey Blvd is a condo located in Hermosa Beach, California, 90254.
Active Listing: 1535 Monterey Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1535 Monterey Blvd are: Robinson Elementary School (GreatSchools Rating 9/10), Pennekamp Elementary School (GreatSchools Rating 9/10), Jefferson Elementary School (GreatSchools Rating 8/10), Hermosa Valley School (GreatSchools Rating 9/10), Parras Middle School (GreatSchools Rating 8/10), Manhattan Beach Middle School (GreatSchools Rating 9/10), Mira Costa High School (GreatSchools Rating 9/10), Redondo Union High School (GreatSchools Rating 9/10), Patricia Dreizler Continuation High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $16,907 (source: MLS/based on county public records data).
The last sale was on January 19, 1996 for $1,665,000 (source: MLS/tax record).
The property at 1535 Monterey Blvd has 0 bathroom.
The year of construction for 1535 Monterey Blvd is 1949.
This home is located at 1535 Monterey Blvd in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $9,000,000.
Over 3 listings were sold over their listed price in June 2025 in Hermosa Beach, CA. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Hermosa Beach, CA increased by 1.6% between May and June 2025. The median list price of listings available in June 2025 was $2,425,000, while the average time on the real estate market was 26 days.
From Rocket Homes Real Estate and based on county public records data.