148 Monterey Blvd, Hermosa Beach, CA 90254
- $4,199,000
- 10
- BD
- 10
- BA
- 5,234
- SqFt
- List Price
- $4,199,000
- Price Change
- ▼ $400,000 1682384108
- MLS#
- 23-254503
- Year Built
- 1985
- Bedrooms
- 10
- Bathrooms
- 10
- Living Sq. Ft
- 5,234
- Lot Size
- 4,788
- Days on Market
- 61
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- 2
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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Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- Wall Unit(s)
- View
- Ocean, Coastline
- Number of Cars in Garage
- Garage Is Attached
Mortgage Calculator
Courtesy of , Rachelle Rosten - CA DRE#
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