148 Monterey BLVD Hermosa Beach, CA 90254
UPDATED:
Key Details
Property Type Single Family Home, 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
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
Virtual Tour https://148monterey-hb.com/?mls=1
Lease Land No
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