148 Monterey BL Hermosa Beach CA 90254 MLS #SB26127216

148 Monterey BL

Hermosa Beach, CA, 90254

$5,775,000

Beds

0 Baths

0 SqFt

0.11 Acres

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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.”

AGENT: Gary Richardson
LISTING BROKERAGE: Strand Hill Properties

Courtesy of Strand Hill Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.

Rover IDX

148 Monterey BL

Hermosa Beach, CA