$5,775,000

148 Monterey Boulevard, Hermosa Beach, CA 90254

  • 8 beds |
  • 8 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,787sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 23 days ago

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 Bays 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 buildingan opportunity to own a legacy asset in one of California's most coveted coastal communities."

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
July 5, 2026 at 7:12AM
Listing Office:
Strand Hill Properties :
Listing Agent:
Gary Richardson : 310-480-7694
MLS ID:
SB26127216
  • General: N/K
  • Pool: N/K
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec4188016065
  • Source: California Regional MLS

This listing courtesy of Gary Richardson , Strand Hill Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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