$5,775,000

Multi Family In Hermosa Beach

  • 8 Beds
  • 8 Baths
  • 4,788 Sqft lot
  • Updated: June 12
  • 1
    Views for last 30 days
  • 1
  • Source:
    San Diego MLS  MLS#SB26127216

About the Property

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 r
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 Bays 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 buildingan opportunity to own a legacy asset in one of California’s most coveted coastal communities.”
  • Property type

    Other

  • Floors

    3

Features

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148 Monterey Boulevard, Hermosa Beach, California, United States View on Google Maps
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Strand Hill Properties - Manhattan Beach

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Strand Hill Properties - Manhattan Beach
California, United States
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Strand Hill Properties - Manhattan Beach
Manhattan Beach, California, United States
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Last updated
June 12
First listed
Jun 12
Listing reference
SB26127216
Listing status
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