Active

518 Bayview Drive

Hermosa Beach, CA 90254

$2,595,000 $10,940/Mo

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Overview

Bed

Bath

2,707

Sqft

3,097

Sqft(Lot)

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 squar e 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 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.

Property Details

Property Type : Residential

Price : $2,595,000

AD Id : 77975736

MLS Id : SB26097503

Beds : 4

Lot Size : 3,097 Sqft

Living Area Size : 2,707

Year Built : 1940

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 5 Full Baths: 5 Half Baths: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Gas Oven,Gas Range Fireplace: None Flooring: Tile
Cooling Features

None Air Conditioning

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1940
Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0711
Lot Size Source: Assessor Lot Size Square Feet: 3097

Listing Price Information

Original List Price: 2,595,000 Listing Contract Date: 2026-05-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4188010030

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 148 - Hermosa Bch Sand Directions: Property is at 519 Monterey & 518 Bayview Source Property Type: Residential Area: 148 - Hermosa Bch Sand Property SubType: Triplex
Building and Construction

Property Age: 86 Common Walls: 2+ Common Walls Structure Type: Triplex Year Built Source: Assessor Total Square Feet Living: 2707 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2 Structure Type: Triplex

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1239 9th, Hermosa Beach, CA, 90254	$1,875,000	3	1	1,214	1,214 SqFt
117 Prospect Avenue, Hermosa Beach, CA, 90254	$1,200,000	2	1	768	768 SqFt
1402 Prospect Avenue, Hermosa Beach, CA, 90254	$1,750,000	3	1	1,197	1,197 SqFt
1238 20th, Hermosa Beach, CA, 90254	$1,600,000	3	3	1,777	1,777 SqFt
1232 1st Street, Hermosa Beach, CA, 90254	$1,799,000	4	--	2,039	2,039 SqFt
1224 Corona Street, Hermosa Beach, CA, 90254	$2,795,000	6	--	3,200	3,200 SqFt
1226 Corona Street, Hermosa Beach, CA, 90254	$2,795,000	6	5	3,200	3,200 SqFt
1212 19th Street, Hermosa Beach, CA, 90254	$3,199,000	4	4	3,084	3,084 SqFt
1210 1st Place, Hermosa Beach, CA, 90254	$2,050,000	3	2	1,596	1,596 SqFt
1039 8th Street, Hermosa Beach, CA, 90254	$1,785,000	2	1	1,023	1,023 SqFt

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ByOwner last updated this listing 06/10/2026 @ 06:15

MLS: SB26097503 LISTED BY: Steven Mullins, Vista Sotheby’s International Realty 310-349-3000 SOURCE: CRMLS