Hermosa Beach, CA 90254,148 Monterey BLVD
Hermosa Beach, CA 90254,148 Monterey BLVD
Hermosa Beach, CA 90254,148 Monterey BLVD
Hermosa Beach, CA 90254,148 Monterey BLVD
Hermosa Beach, CA 90254,148 Monterey BLVD
Hermosa Beach, CA 90254,148 Monterey BLVD
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$4,000,000

$3,999,000

Est.Price: ?

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Est. payment /mo

10 Beds

10 Baths

5,234 SqFt


SOLD DATE : 06/30/2023

Key Details

Sold Price $4,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,234 sqft

Price per Sqft $764

MLS Listing ID 23254503

Sold Date 06/30/23

Bedrooms 10

HOA Y/N No

Year Built 1985

Lot Size 4,787 Sqft

Lot Dimensions Assessor

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.

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Zoning HBR3YY

Interior

Heating Wall Furnace

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

View Y/N Yes

View Coastline, Ocean

Attached Garage Yes

Total Parking Spaces 10

Building

Story 2

Architectural Style Contemporary

New Construction No

Others

Senior Community No

Tax ID 4188016065

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rachelle Rosten • Douglas Elliman
Bought with Alireza Saz • Saz Realty
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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