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    Property Description

    Excellent value-add potential for this Hermosa Beach 5-unit trophy property well located moments to the beach! Built in 1985, this two-story 5,234 square foot building features all 2-bedroom 2-bathroom large scale units and a common area rooftop sundeck with ocean views. There is parking on site for 10 cars (2 per unit) as well as on site laundry. With the ideal location in a high-growth city, stable revenues, full occupancy and strong rental upside, this is a great opportunity to improve a premium asset for any Beach Cities investor. Tenants enjoy close proximity to the sand, Pier, hiking trails, dining, shopping and entertainment. Trust sale.

    Features
    : Wall Furnace
    : Ocean, Coastline
    : 10.00
    0
    : Individual Room, Dryer Included, Washer Included, Community
    : No Common Walls
    0
    CLW-X98252
    2
    0
    : Contemporary
    Address Map
    Monterey
    148
    Boulevard
    5104
    0
    W119° 36' 15.2''
    N33° 51' 17.5''
    MLS Addon
    Douglas Elliman
    $0
    HBR3YY
    4,788 Sqft
    Rosten
    01255977
    : Standard
    CLW-X80715
    Rachelle
    West of Pacific Coast Highway, South of 2nd Street.
    40x119
    148 - Hermosa Bch Sand
    4188016065
    01947727
    $0
    0

    Residential Income Sold

    148 Monterey Boulevard, Hermosa Beach, California 90254

    0.11 Sqft
    $3,999,000
    Listing ID #23254503
    Basic Details
    Property Type : Residential Income
    Listing Type : Sold
    Listing ID : 23254503
    List Price : $3,999,000
    Year Built : 1985
    Lot Area : 0.11 Sqft
    Country : US
    State : California
    County : Los Angeles
    City : Hermosa Beach
    Zipcode : 90254
    Close Price : $4,000,000
    Status : Closed
    Property Type : Single Family Residence
    Price Per Square Foot : $764
    Days on Market : 69
    Agent info
    Contact Agent
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