148 Monterey Boulevard, Hermosa Beach, California 90254
Property Status: Active
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.
Listed by Rachelle Rosten - DRE #01947727 - Douglas Elliman
: Wall Furnace
: Ocean, Coastline
: Individual Room, Dryer Included, Washer Included, Community
: No Common Walls
W119° 36' 15.2''
N33° 51' 17.5''
West of Pacific Coast Highway, South of 2nd Street.
148 - Hermosa Bch Sand