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
- Heating System
- View:
- Pier, Canyon
- Parking:
- Yes
- New Construction YN:
- 0
- Laundry:
- Dryer Included, Washer Hookup, Laundry Chute, Gas & Electric Dryer Hookup
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-X98252
- Stories:
- 2
- Association:
- 0
- Architectural Style:
- Contemporary
Address Map
- Street:
- Monterey
- Street Number:
- 148
- Street Suffix:
- Boulevard
- Zip4:
- 5104
- Floor Number:
- 0
- Longitude:
- W119° 36' 15.2''
- Latitude:
- N33° 51' 17.5''
MLS Addon
- Listing Courtesy of:
- Douglas Elliman
- TaxAnnualAmount:
- $0
- Zoning:
- HBR3YY
- Lot Size Square Feet:
- 4,788 Sqft
- List Agent Last Name:
- Rosten
- List Agent License Number:
- 01255977
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X80715
- List Agent First Name:
- Rachelle
- Directions:
- West of Pacific Coast Highway, South of 2nd Street.
- Lot Size Dimensions:
- 40x119
- MLSAreaMajor:
- 148 - Hermosa Bch Sand
- Parcel Number:
- 4188016065
- List Agent License Number:
- 01947727
- TaxAnnualAmount:
- $0
- TaxYear:
- 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:
- CA
- 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
