Active

148 Monterey Boulevard

Hermosa Beach, CA 90254
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Bed 10

Bed

Bath 10

Bath

SqFt5,284

Sqft

SqFt4,788

Sqft(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 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."

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,775,000

AD Id : 84715175

MLS Id : SB26127216

Beds : 10

Lot Size : 4,788 Sqft

Living Area Size : 5,284

Year Built : 1985

Garage : 9

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Unknown

  • Building Information

    Year Built: 1985 Building Area Total: 5,284
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1099
  • Lot Size Source: Assessor Lot Size Square Feet: 4788

  • Listing Price Information

    Original List Price: 5,775,000 Listing Contract Date: 2026-06-11
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4188016065

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 148 - Hermosa Bch Sand Directions: south of 2nd Street Source Property Type: Residential Income Area: 148 - Hermosa Bch Sand Property SubType: Quadruplex
  • Building and Construction

    Property Age: 41 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 2 Entry Location: main Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1049 3rd Street, Hermosa Beach, CA, 90254 $1,500,000 2 2 1,118 1,118 SqFt
456 Ocean View, Hermosa Beach, CA, 90254 $3,795,000 8 6 4,373 4,373 SqFt
521 24th Place, Hermosa Beach, CA, 90254 $4,759,000 6 4.5 3,328 3,328 SqFt
1310 Loma Drive, Hermosa Beach, CA, 90254 $3,700,000 2 1 2,682 2,682 SqFt
718 Hermosa Avenue, Hermosa Beach, CA, 90254 $2,195,000 2 3 1,973 1,973 SqFt
50 10th Street, Hermosa Beach, CA, 90254 $3,675,000 5 3 2,367 2,367 SqFt
528 -530 The Strand, Hermosa Beach, CA, 90254 $5,600,000 4 3.5 2,460 2,460 SqFt

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ByOwner last updated this listing 06/14/2026 @ 14:59

MLS: SB26127216 LISTED BY: Gary Richardson, Strand Hill Properties SOURCE: CRMLS

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