148 Monterey Boulevard, Hermosa Beach, CA 90254
148 Monterey Boulevard, Hermosa Beach, CA 90254
148 Monterey Boulevard, Hermosa Beach, CA 90254
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Listed by Gary Richardson • Strand Hill Properties
$5,775,000
Est. payment /mo
5,284 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,284 sqft

Price per Sqft $1,092

MLS Listing ID SB-26127216

Year Built 1985

Lot Size 4,788 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

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."

Location

State CA

County Los Angeles

Area 148 - Hermosa Beach Sand

Interior

Laundry Community

Exterior

Garage Spaces 9.0

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Park, Sidewalks

View Y/N Yes

View Ocean

Building

Lot Description 0-1 Unit/Acre

Sewer Unknown

Others

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate | License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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