REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$5,775,000

Est. payment - /mo

8 Beds

8 Baths

4,788 Sqft Lot

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26127216

Bedrooms 8

Lot Size 4,788 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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."

Location

State CA

County Los Angeles

Zoning Public Rec

Direction south of 2nd Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 4188016065

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://148monterey-hb.com/?mls=1

Read Less Info

Listed by Gary Richardson, DRE#00466560 Strand Hill Properties

Nearby School & Business

Get More Information

Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

148 Monterey Boulevard Hermosa Beach, CA 90254

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information