148 Monterey BLVD, Hermosa Beach, CA 90254
148 Monterey BLVD, Hermosa Beach, CA 90254
148 Monterey BLVD, Hermosa Beach, CA 90254
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$5,775,000
Est. payment /mo
4,787 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26127216

HOA Y/N No

Year Built 1985

Lot Size 4,787 Sqft

Property Sub-Type Quadruplex

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 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."

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Park, Sidewalks

View Y/N Yes

View Ocean

Total Parking Spaces 9

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Sewer Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 4188016065

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Gary Richardson Strand Hill Properties 310-480-7694, DRE #00466560

NEARBY SCHOOL & BUSINESS

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