148 Monterey Boulevard

Hermosa Beach, CA 90254
  • $5,775,000

    Price
  • 10

    Bed
  • 10

    Bath
  • 5,284

    SqFt

About the Listing SB1334540 - SRICHGAR

A rare Hermosa Beach 5-unit Trophy Property! Ideally located just moments from the beach, this well-maintained investment property offers stable income, full occupancy, and significant rental upside. Built in 1985, the two-story, 5,234-square-foot building features five spacious 2-bedroom, 2-bathroom units, each with generous floor plans that appeal to long-term tenants. Residents enjoy a shared rooftop sundeck with beautiful ocean views, on-site laundry facilities, and parking for 10 vehicles (two spaces per unit). Situated in one of the South Bay’s most desirable coastal communities, tenants are within walking distance of the beach, Hermosa Pier, scenic hiking trails, popular restaurants, shopping, and entertainment. This is an outstanding opportunity for Beach Cities investors seeking a premium asset with strong income potential and long-term appreciation. "More than an apartment building—an opportunity to own a legacy asset in one of California's most coveted coastal communities."

Listing Highlights

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® SB26127216
Year Built 1985
Total Square Footage 5,284
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 10
  • Bathrooms: 10 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 9 car
  • Parking Spaces: 9
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Unknown

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4188016065
  • Tax Year: N/A

Payment Calculator

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Questions About..

148 Monterey Boulevard Hermosa Beach, CA 90254

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Originating MLS: CRMLS

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