148 Monterey Boulevard, Hermosa Beach, CA 90254
148 Monterey Boulevard, Hermosa Beach, CA 90254
148 Monterey Boulevard, Hermosa Beach, CA 90254
12
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$5,775,000
Est. payment /mo
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8 Beds
8 Baths
4,788 Sqft Lot
New

148 Monterey Boulevard Hermosa Beach, CA 90254

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26127216

Bedrooms 8

Lot Size 4,788 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 Bays 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 buildingan opportunity to own a legacy asset in one of California's most coveted coastal communities."

Location

State CA

County Los Angeles

Zoning Public Rec

Direction south of 2nd Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 4188016065

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://148monterey-hb.com/?mls=1

MLS Router / San Diego MLS
Listed by Gary Richardson, DRE#00466560 Strand Hill Properties 

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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148 Monterey Boulevard

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