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1536 Monterey Blvd, Hermosa Beach, CA 90254
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1536 Monterey Blvd Hermosa Beach, CA 90254

$4,500,000 Sold Price as of 05/31/2023
  • 8 Beds
  • 6 Baths
  • 5,432 Sq.Ft.
Sold
$4,500,000 Sold Price as of 05/31/2023 Refinance Your Mortgage
Map preview of 1536 Monterey Blvd, Hermosa Beach, CA 90254

Property Overview: 1536 Monterey Blvd Hermosa Beach, CA has 8 bedrooms, 6 bathrooms, 5,432 living square feet and 4,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This trophy 6 unit building is in an A+ Location in the Heart of Hermosa Beach just North of Pier Ave., walking distance to many shops and restaurants. Close Proximity to the Dining, Retail, & Entertainment Options of Pier Avenue, Hermosa Avenue, King Harbor, & the Hermosa Beach Pier. There are (Two) 2-Bedroom/1-Bathroom Units & (Four) 1- Bedroom/1-Bathroom Units.2 of the units have been remodeled.1 of the units has been partially remodeled. There are 5.5 parking garage spaces. Ocean views from the second floor units.

Listed by Brent Talbot | BRE #01272836 | RE/MAX Estate Properties
Last checked: 4 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 94

Home details

Lot Sq. Ft
4,995
HOA Dues
$0/mo
Year built
1952
Garage
5 Car
Property Type:
Apartment
Status
Sold
MLS#
SB23003200
City
Hermosa Beach
County
Los Angeles
Time on Site
475 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: --
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: --
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: --
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: --
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: --
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: --
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $214,100
  • Net Operating Income: $143,180
  • Gross Operating Income: --
  • Laundry Income: $500
Annual Expense Breakdown
  • Total Operating Expense: $70,920
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $62,500
  • Trash: $636
  • Insurance: $4,832
  • Professional Management: $0
  • Water/Sewer: $2,952

Property Details for 1536 Monterey Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 4183017013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Pier Ave. Ease of Hermosa Ave. close to the corner of 16th st.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Hermosa Beach Agent

Sale History for 1536 Monterey Blvd

Last sold for $4,500,000 on May 31st, 2023

  • May, 2023

  • May 31, 2023

    Date

    Sold

    CRMLS: SB23003200

    $4,500,000

    Price

  • Jan 9, 2023

    Date

    Active

    CRMLS: SB23003200

    $4,999,999

    Price

  • June, 2003

  • Jun 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $1,375,000

    Price

Show More

Tax History for 1536 Monterey Blvd

Assessed Value (2020): $1,820,929
Year Land Value Improved Value Assessed Value
2020 $1,224,992 $595,937 $1,820,929

Home Value Compared to the Market

This property vs the competition

1536 Monterey Blvd sold on May 31, 2023 for 134.57% higher than the current median sold price for the city of Hermosa Beach which is $2,025,000. The median sold price per/sqft for Hermosa Beach is $1,129 and this home is sold at $874.45 per/sqft which puts the price per square foot 22.55% lower than the current median sale per square foot for the city of Hermosa Beach.

About 1536 Monterey Blvd

Detailed summary of property

1536 Monterey Blvd is a apartment that recently sold in Hermosa Beach, CA 90254. This apartment offered 8 bedrooms, 6 bathrooms, roughly 5,432 living square feet, and sits on an approximately 4,995 square foot lot. 1536 Monterey Blvd was first listed on ArdentRealEstateGroup.com on January 7, 2023. The homeowner sold the property for $4,500,000. Home in Hermosa Beach are selling for a median price of $2,025,000 and a median price per square foot of $1,129. Based on Ardent Real Estate Group's Hermosa Beach Market Data, this home is sold 134.57% higher than the current median priced home. Local homes that are currently for sale include 9240 W National Blvd, 3101 Bagley Ave and 8662 Cadillac Ave. While the average home in Hermosa Beach, CA is selling in 83 days, 1536 Monterey Blvd has a days on market of 94 days. There are currently 48 homes for sale in the Hermosa Beach real estate market and 32 of them are single family homes while 7 of them are condos and 9 are townhomes. For more information on this home for sale at 1536 Monterey Blvd Hermosa Beach, CA 90254 contact Ardent Real Estate Group and we will put you in touch with one of our Hermosa Beach agents.

Public Facts for 1536 Monterey Blvd

Public county record property details
Beds
6
Baths
6
Year built
1952
Sq. Ft.
5,432
Lot Size
4,994
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
4183-017-013

The source for these homes facts are from public records.

90254 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,999,000
Median List Price/Sq.Ft.
$1,402
Median Sold Price
$2,025,000
Median Sold Price/Sq.Ft.
$1,129
Total Inventory
50
Median Sale to List Price %
101.5%
Avg Days on Market
23
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (8.33%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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