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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 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."

Overview

Property Status
For Sale
Lot Size
4,788 Sq.Ft.
MLS ID
SB26127216
Property Type
Multi-Family
Year Built
1985

Features & Amenities

Total Area
5,284 Sq.Ft.
Neighborhood
Hermosa Beach
View Description
Ocean
Stories
3
Garage Spaces
9.0
Water Source
Public
Pool
None
Lot Features
0-1 Unit/Acre
Laundry Room
Common Area
Sewer
Unknown
Sales Price
$5,775,000

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148 Monterey Boulevard

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for your interest in 148 Monterey Boulevard, Hermosa Beach, CA 90254

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148 Monterey Boulevard

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  • CallGary E. Richardson

    License #00466560

    (310) 545-0707
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