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$5,775,000
148 Monterey Boulevard, Hermosa Beach, CA 90254
Strand Hill Properties
MLS® SB26127216
8Beds
8Baths
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
- Yak Academy0.4 mi
elementary
Parks & Recreation
- Kay Etow Park0.1 mi
park
- The Greenbelt0.1 mi
park
- South Park0.2 mi
park
Transit Access
- Hermosa Avenue / 2nd Street0.1 mi
Bus Stop
- Hermosa Avenue / Lyndon Street0.1 mi
Bus Stop
- Harbor Drive / Yacht Club Way0.2 mi
Bus Stop
- Hermosa Avenue / 6th Street0.3 mi
Bus Stop
- Hermosa Avenue / 8th Street0.4 mi
Bus Stop
Local Amenities
Dining
- Proudly Serving0.1 mi
- Bolt0.1 mi
Fitness
- Body One Fitness0.2 mi
- Reformer Pilates Studio0.3 mi
Pharmacy
- CVS Pharmacy0.3 mi
Coffee & Cafes
- Hi-Fi Espresso0.3 mi
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
Explore Hermosa Beach
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