148 Monterey, Hermosa Beach CA 90254 | $5,775,000
Listing provided courtesy of Gary Richardson of Strand Hill Properties. Last updated 2026-06-29 08:11:37.000000. Listing information © 2026 SANDICOR.
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."
More Details
0.11 Acres
3 Stories
