113 Monterey Boulevard, Hermosa Beach, CA 90254

About this property

113 Monterey Blvd is a turnkey 4-unit building located in the highly sought-after Sand Section of Hermosa Beach. The building was built in 1969 and consists of 3,288 SF of living space situated on a 2,999 SF lot. 113 Monterey Boulevard offers a great unit mix consisting of (3) 2-bed/2-bath units & (1) 1-bed/1-bath unit and has been recently renovated with top-of-the-line upgrades. The property also features an on-site laundry facility and (7) total parking spaces - (2) two-car garages & (3) tandem parking spaces. Located just steps from The Strand in one of the most desirable rental markets in California, this is a perfect opportunity for a yield-focused investor looking to purchase an A+ asset.

Listing description from the May 2021 sale, as reported to CRMLS.

Sale history

$3,550,000

Sold May 2021 · listed $3,650,000, orig. $3,790,000, on market October 2020 · MLS #SB20225858 · Source: CRMLS

Listing Agent: J.Woody Stahl · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Austin Zahn · Lyon Stahl Investment Real Estate, Inc.

$2,150,000

Sold March 2017 · listed $2,275,000, on market January 2017 · MLS #SB17006177 · Source: CRMLS

Listing Agent: John Stiegler II · Listing Office: Lyon Stahl Investment RE, Inc. · Contact: 310-425-9838 · Bought with: Edward Kaminsky · Strand Hill Christie's Int'l

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