148 Monterey Boulevard, Hermosa Beach, CA — listing photo 1
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FOR SALENew Listing

148 Monterey Boulevard

Hermosa Beach, CA 90254
4,788 Lot Sq Ft
Built 1985
$5,775,000

Property Overview

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 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."

Home Details

Property type
Residential Income - Quadruplex
Year built
1985
Lot size
4,788 sq ft
Parking
9 spaces
Garage
9 spaces
Stories
3
Days on market
16
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Community

View
Ocean

Utilities

Water
Public
Sewer
Unknown
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Location & Neighborhood

148 Monterey Boulevard

Hermosa Beach, CA 90254

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Frequently Asked Questions About 148 Monterey Boulevard

Property type: Residential Income

The current asking price is $5,775,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 148 Monterey Boulevard. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1985. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Hermosa Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Hermosa Beach property.
The MLS currently reports the property as Active. It has been listed for 16 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Gary Richardson
MLS ID: SRICHGAR

Available property

$5,775,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.