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148 Monterey Boulevard

Hermosa Beach, CA 90254
Active
Multifamily
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$5,775,000
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… Read MoreRead Less
Property listed by Strand Hill Properties, Gary Richardson 310-480-7694
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1985
MLS Number
SB26127216
Property Location Map
Additional Details
Building
Built in 1985, 1 building, 3 stories, Entry level: 2, Entry location: main
Community
Biking, Curbs, DogPark, Fishing, Park, Sidewalks
Expenses
Operating: $90,720
Garage
9 spaces
Income
Gross Income: $259,200, Gross ScheduledIncome: $259,200, Net Operating Income: $168,480
Laundry
CommonArea
Lot
0.1099 acres, ZeroToOneUnitAcre
Parking
9 total parking spaces
Pool
None
Property
Ocean
Sewer
Unknown
Taxes
Additional parcels description:, Parcel Number: 4188016065, Lot: 8
Utilities
Water Source: Public, 6 separate electric meters, 5 separate gas meters
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Monthly Payment
$0
Andrea McCracken
DRE# 01920016
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Schools In The Area

Check out nearby schools with ratings and contact info.
Hermosa Valley School 310-937-5888 Public 5-8
Mira Costa High School 310-318-7337 Public 9-12
Hermosa Valley School 310-937-5888 Public 5-8
Hermosa View School 424-333-9960 Public EE-1
Hermosa Vista School 424-333-9960 Public 2-4
Hermosa Valley School 310-937-5888 Public 5-8
Mira Costa High School 310-318-7337 Public 9-12
Redondo Union High School 310-798-8665 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.