148 Monterey Boulevard, Hermosa Beach

Hermosa Beach Home Sale

Excellent value-add potential for this Hermosa Beach 5-unit trophy property well located moments to the beach! Built in 1985, this two-story 5,234 square foot building features all 2-bedroom 2-bathroom large scale units and a common area rooftop sundeck with ocean views. There is parking on site for 10 cars (2 per unit) as well as on site laundry. With the ideal location in a high-growth city, stable revenues, full occupancy and strong rental upside, this is a great opportunity to improve a premium asset for any Beach Cities investor. Tenants enjoy close proximity to the sand, Pier, hiking trails, dining, shopping and entertainment. Trust sale.

Property Details

148 Monterey BoulevardSquare Ft: 5,234Lot Size: 0.11Bedrooms: 10Bathrooms: 10Price: $3,999,000Zip: 90254
MLS® #: 23254503School District: Days on Market: 69Listed By: Rachelle Rosten, Douglas Elliman

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

Mortgage Calculator

  • (In Dollars)
  • %
  • years
  • %

  • Show me the calculations and amortization.

Additional Information

  • City:
    Hermosa Beach
  • County:
    Los Angeles
  • Zip:
    90254
  • MLS® #:
    23254503
  • Bedrooms:
    10
  • Bathrooms:
    10
  • Square Ft:
    5,234
  • Lot Size:
    0.11
  • HOA Dues:
    $

Price Change History for 148 Monterey Boulevard, Hermosa Beach, (MLS® #23254503)

Date Details Price Change
Closed
Active Under Contract (from Active)
Price Reduced $3,999,000 $200,000 (4.76%)
Price Reduced (from $4,599,000) $4,199,000 $400,000 (8.70%)
Back to Search Results

Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2024 at 3:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.