518 Bayview Drive
Hermosa Beach, CA, 90254
(No pictures available yet)
$2,595,000
MLS: SB26097503
Beds
4
Baths
5
Sq Ft
2,707
Lot
0.07 ac
Year Built
1940
MLS #
SB26097503
Days on Market
8
Listed
May 5, 2026
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 square 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.
Location
Hermosa Beach, Los Angeles County, CA 90254
Open on Google Maps ↗Listed by: Steven Mullins · Vista Sotheby’s International Realty
Payment estimate
$18,524
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $259,500 · Loan: $2,335,500
- Principal & Interest
- $14,548
- Property tax (1.25%)
- $2,703
- Homeowners insurance
- $300
- Mortgage insurance
- $973
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 14, 2026
- 30-year fixed
- 6.36%
- 15-year fixed
- 5.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Hermosa Beach home with as little as 3.5% down using an FHA loan — roughly $90,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90254 (Hermosa Beach)within ±10% of this home's price and size.
Local Market Stats
See Hermosa Beach, CA 90254 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.