148 Monterey Boulevard, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:ERA North Orange County Real Estate
148 Monterey Boulevard,Hermosa Beach, CA 90254
$5,775,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gary richardson
Office: strand hill properties
MLS#:SB26127216
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,775,000

About this home

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."

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Home facts

  • Listing ID #:SB26127216
  • Added:65 day(s) ago
  • Updated:August 16, 2026 at 02:16 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8

Finances and disclosures

  • Price:$5,775,000
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