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.”
- Pool:
- No
- View:
- Ocean
- Parking:
- 9.00
- New Construction YN:
- 0
- Laundry:
- Community
- Sewer:
- Unknown
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SRICHGAR
- Water Source:
- Public
- Lot Features:
- 0-1 Unit/acre
- Community Features:
- Sidewalks, Park, Curbs, Dog Park, Biking, Fishing
- Stories:
- 3
- Entry Level:
- 2
- Entry Location:
- Main
- Spa Construction:
- No
- Spa:
- 0
- Street:
- Monterey
- Street Number:
- 148
- Street Suffix:
- Boulevard
- Floor Number:
- 0
- Longitude:
- W119° 36' 15.3''
- Latitude:
- N33° 51' 17.5''
- Listing Courtesy of:
- Strand Hill Properties
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 9
- Lot Size Square Feet:
- 4,788 Sqft
- List Agent Last Name:
- Richardson
- List Agent License Number:
- 00466560
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1334540
- List Agent First Name:
- Gary
- Directions:
- south of 2nd Street
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Parcel Number:
- 4188016065
- List Agent License Number:
- 01968431
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
148 Monterey Boulevard, Hermosa Beach, California 90254
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- SB26127216
- List Price :
- $5,775,000
- Year Built :
- 1985
- Lot Area :
- 0.11 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Hermosa Beach
- Zipcode:
- 90254
- Status :
- Active
- Property Type :
- Quadruplex
- Price Per Square Foot :
- $1,093
- Days on Market :
- 4
