518 Bayview DR Hermosa Beach, CA 90254
5 Beds
5 Baths
2,707 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,707 sqft
Price per Sqft $958
MLS Listing ID SB26097503
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1940
Lot Size 3,097 Sqft
Property Sub-Type Triplex
Property Description
The unit mix consists of two 2 bedroom 1 bath units, one 1 bedroom unit and two studios. The tax records show 1,678 square feet but the total space measured at 1,747 plus a finished basement and storage area of 960 for a total of approximately 2,707 square feet. Two of the units 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. One unit is a separate studio that is currently vacant and ready for improvement, further adding to the potential.
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 secure a well-located asset with both current income and future upside.
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Rooms
Main Level Bedrooms 5
Interior
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Inside
Exterior
Parking Features Driveway
Pool None
Community Features Street Lights, Suburban, Park
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Park
Dwelling Type Triplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Hermosa
Others
Senior Community No
Tax ID 4188010030
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
