Five-Unit Apartment
For Sale
$5,775,000
148 Monterey Boulevard, Hermosa Beach, CA 90254
Hermosa Beach, CA
Property Size5,234 SF
Lot Size0.11 Acres
Price / SF$1,103
Days on Market83
Property Features for 148 Monterey Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
10
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 8, Bathroom 9, Bedroom 5, Bathroom 2, Bathroom 10, Laundry Room, Bathroom 8, Bedroom 4, Bedroom 7, Bathroom 7, Bathroom 1, Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 10, Bedroom 2, Bathroom 6, Bedroom 9, Bedroom 3, Bathroom 3
Parking
9
Lot features
0-1 Unit/ Acre
View
Ocean
Directions
south of 2nd Street
Subdivision
148 - Hermosa Bch Sand
Standard status
Active
APN
4188016065
Lot size
0.11 Acres
Utilities
Water source
Public
Amenities
rooftop sundeck
on-site laundry facilities
Building Details
Year built
1985
Floors in Building
3
Number of units
5
Listing Agency:
Strand Hill Properties
(310) 545-0707
Listed By:
Gary Richardson · License #00466560
(310) 480-7694
Added: Jun 11
Changed: Aug 25
Last Checked: Sep 1 at 1:06AM
MLS# SB26127216
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1985, this two-story apartment building contains five 2-bedroom, 2-bathroom units totaling 5,234 square feet. The property is fully occupied and provides a consistent residential configuration, with each apartment offering a similarly sized bedroom and bathroom layout. On-site amenities include a shared rooftop sundeck with ocean views, laundry facilities, and parking for 10 vehicles, allocated at two spaces per unit.
The property is located in Hermosa Beach, within walking distance of the beach, Hermosa Pier, hiking trails, restaurants, shopping, and entertainment. Public water service supports the building, while the 0.1099-acre site accommodates the existing multifamily improvements and resident parking.
The property is located in Hermosa Beach, within walking distance of the beach, Hermosa Pier, hiking trails, restaurants, shopping, and entertainment. Public water service supports the building, while the 0.1099-acre site accommodates the existing multifamily improvements and resident parking.
Key Highlights
- Five 2‑bedroom, 2‑bathroom apartment units
- 5,234‑square‑foot building constructed in 1985
- Two‑story property on a 0.1099‑acre site
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 90254, CA
19,736
Population
10,454
Households
1.9
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
14,097
Density / Sq Mi
$152,019
Median Household Income
$104,385
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story coastal multifamily property with rooftop outdoor space, resident laundry facilities, and dedicated parking.
Where is this apartment building located?
The property is located at 148 Monterey Boulevard Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $5,775,000.
What are key features of this property?
This property features: Five 2‑bedroom, 2‑bathroom apartment units; 5,234‑square‑foot building constructed in 1985; Two‑story property on a 0.1099‑acre site
