148 Monterey Blvd

Hermosa Beach, CA 90254

$4,199,000
10
beds
Multi Family Townhouse

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
V-Card
Source of Data:
Combined Los Angeles/Westside MLS
Combined Los Angeles/Westside MLS

Property Description

Excellent value-add potential for this Hermosa Beach 5-unit trophy property well located moments to the beach! Built in 1985, this two-story 5,234 square foot building features all 2-bedroom 2-bathroom large scale units and a common area rooftop sundeck with ocean views. There is parking on site for 10 cars (2 per unit) as well as on site laundry. With the ideal location in a high-growth city, stable revenues, full occupancy and strong rental upside, this is a great opportunity to improve a premium asset for any Beach Cities investor. Tenants enjoy close proximity to the sand, Pier, hiking trails, dining, shopping and entertainment. Trust sale.
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PROPERTY DETAILS

  • Interior
    5,234 Sq Ft.
  • Exterior
    .11 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
    1985
  • MLS/Listing ID
    23-254503
  • Days On Market
    63

Amenities

  • Ocean View
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BUILDING/PROPERTY DETAILS

  • Garage - Attached
  • Water View
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