148 Monterey Boulevard, Hermosa Beach, CA 90254 | MLS #SB26127216 | Berkshire Hathaway HomeServices Troth, REALTORS®
Berkshire Hathaway HomeServices Troth Realtors ®

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Listing provided courtesy of Strand Hill PropertiesMLS# SB26127216MLS Provider
  • 18 days on site
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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.

Source: CRISNET, MLS#: SB26127216

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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BHHS Troth

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  • Median Age
    40
  • Population Density
    9,471
  • College Educated
    81%
  • Estimated Median Income
    $142,500
  • Estimated Total Home Owners
    4,309
  • Estimated Total Renters
    4,287
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    2
  • Total Population
    19,147
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 148 Monterey Boulevard

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: CRISNET Added to Database
June 11, 2026