148 Monterey Boulevard, Hermosa Beach, CA 90254 - Photo 1 of 12, Hermosa Beach, CA
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$5,775,000

148 Monterey Boulevard, Hermosa Beach, CA 90254

Strand Hill Properties
MLS® SB26127216
8Beds
8Baths
0
1Days Listed

About This Property

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."

Gary RichardsonStrand Hill Properties310-480-7694MLS® SB26127216

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
8
Bathrooms
8
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
1
Cumulative Days on Market
2
Original Price
$5,775,000
MLS® Number
SB26127216

Location & Neighborhood

What's nearby 148 Monterey Boulevard, Hermosa Beach, CA 90254

Nearby Schools

Parks & Recreation

Local Amenities

Dining

Pharmacy

Coffee & Cafes

POI data updated 7/19/2026

Hermosa Beach Market Snapshot

79

Active Listings

$830K

Median Price

42

Avg Days on Market

Last updated: Jun 11, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$5,775,000