148 Monterey BL
Hermosa Beach, CA, 90254
$5,775,000
Beds
0 Baths
0 SqFt
0.11 Acres
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MLS #SB26127216 image #0
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.”

Property Details

Price:
$5,775,000
MLS #:
SB26127216
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
148hermosabchsand
Listed Date:
Jun 11, 2026
Total Sq Ft:
5,284
Lot Size:
4,788 sqft / 0.11 acres (approx)
Year Built:
1985
148 – Hermosa Bch Sand148hermosabchsandOcean

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Schools

Interior

Laundry Features
CM

Exterior

Common Walls
_2CW
Community Features
SDW, CRB, PARK, FISH, BIKI, DGP
Garage Spaces
9
Parking Spots
9
Parking Total
9
Spa Features
NO
View
OC

Financial

Gross Operating Income
$259,200
Net Operating Income
$168,480

Map

Community

Market Summary

Current real estate data for Single Family in Hermosa Beach as of Jun 19, 2026
94
Single Family Listed
59
Avg DOM
723
Avg $ / SqFt
$2,243,579
Avg List Price

Property Summary

    148 Monterey BL Hermosa Beach CA is a Single Family for sale in Hermosa Beach, CA, 90254. It is listed for $5,775,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1985. The average price per square foot for Single Family listings in Hermosa Beach is $723. The average listing price for Single Family in Hermosa Beach is $2,243,579.

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