$2,595,000
518 Bayview Drive, Hermosa Beach CA 90254
Multi-Family (Triplex)
Property type
43 days
On market
$959
Price per sqft
0 cars
Garage
1940
Year built
3,097 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Steven Mullins DRE #01487977 310-901-4687, Vista Sotheby’s International Realty
Listing updated: May 18, 2026 at 09:30pm.
Last checked: Jun 15, 2026 at 01:30pm
Source: CRMLS #SB26096102
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,795 | $3,795 | $4,250 | Unfurnished |
| 1 | 0 | 1 | — | $2,395 | $2,395 | $2,750 | Unfurnished |
| 1 | 2 | 1 | — | $3,195 | $3,195 | $4,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,366 | $2,366 | $3,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Ranges: 4
Rent Control: No
Units Leased: 4
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
4.05%
NOI / List Price
Gross Scheduled Income: $141,012
Operating Expense: $36,000
Net Operating Income: $105,012
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,000
Maintenance: $1,000
New Taxes: $3,000
Professional Management: $0
Trash: $1,000
Water / Sewer: $1,000
Interior
Room Type: Kitchen, Living Room
Flooring: Tile
Cooling: None
Appliances: Gas Oven, Gas Range
Fireplace: None
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre, Near Park
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Driveway
Garage Spaces: 0
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4188010030
Additional Parcels: No
Tax Lot: 21
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Suburban, Park