148 Monterey Boulevard
Hermosa Beach, CA 90254
10
Bed
10
Bath
5,284Sqft
4,788Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1985Building Area Total: 5284Pool Features: NonePrivate Pool: NoView: Ocean
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Lot Information
Main Square Feet: 4788 Lot Size Acres: 0.1099 Lot Size Source: Assessor Lot Size Square Feet: 4,788 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $5775000Cash, Cash to New Loan, Conventional
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Tax Information
Parcel Number: 4188016065 Tax Lot: 8
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Parking Information
Parking Total: 9Garage Information
Has Garage: Yes Garage Space: 9
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Location Information
Direction: south of 2nd Street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1430 Bonnie Brae, Hermosa Beach, CA, 90254 | $2,399,999 | 3 | 3 | -- | |
| 1430 Bonnie Brae, Hermosa Beach, CA, 90254 | $2,399,999 | 3 | 3 | 1,453 | 1,453 SqFt |
| 456 Ocean View, Hermosa Beach, CA, 90254 | $3,795,000 | 8 | 6 | 4,373 | 4,373 SqFt |
| 834 832 15th, Hermosa Beach, CA, 90254 | $4,995,000 | 7 | 6 | 4,623 | 4,623 SqFt |
| 521 24th Place, Hermosa Beach, CA, 90254 | $4,759,000 | 6 | 4.5 | 3,328 | 3,328 SqFt |
| 1204 Monterey Boulevard, Hermosa Beach, CA, 90254 | $4,699,000 | 7 | 6 | -- | |
| 428 25th, Hermosa Beach, CA, 90254 | $2,299,000 | 2 | 2 | 1,283 | 1,283 SqFt |
| 428 25th, Hermosa Beach, CA, 90254 | $2,299,000 | 1 | 1 | -- | |
| 518 Bayview Drive, Hermosa Beach, CA, 90254 | $2,595,000 | 5 | 4 | -- | |
| 123 22nd, Hermosa Beach, CA, 90254 | $3,995,000 | 5 | 4 | -- |
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Nearby For Sale
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ByOwner last updated this listing 08/18/2026 @ 02:18
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