151 Monterey Blvd Hermosa Beach, CA 90254
Estimated payment $9,460/month
Highlights
- Lawn
- Hermosa Valley Elementary School Rated A
- 1-Story Property
About This Home
Premier Coastal- Beach Lifestyle location. Currently positioned as 2 units side by side with 3 single car garages located down below off alley, on mo to mo tenancy. Located toward the south side close to King Harbor 1 block to the sand.
This is a generational investment opportunity to either rebuild as a family compound or continue with a irreplaceable strong stable income source.
So much more to list. Please drive by and take a look, do not disturb the tenants please. Thank you
Listing Agent
Seven Gables Real Estate Brokerage Phone: 714-306-7343 License #01749025 Listed on: 09/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 3,008 Sq Ft Lot
- 1 Common Wall
- Lot Sloped Down
- Lawn
Parking
- 3 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 968 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1123
- Assessor Parcel Number 4188013050
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $1,200
- Insurance Expense $2,000
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $5,600
- Gross Income $67,836
- Net Operating Income $62,236
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,152 | $262,495 | $219,828 | $42,667 |
| 2024 | $3,152 | $257,349 | $215,518 | $41,831 |
| 2023 | $3,095 | $252,304 | $211,293 | $41,011 |
| 2022 | $3,039 | $247,357 | $207,150 | $40,207 |
| 2021 | $3,052 | $242,508 | $203,089 | $39,419 |
| 2019 | $2,976 | $235,316 | $197,066 | $38,250 |
| 2018 | $2,852 | $230,702 | $193,202 | $37,500 |
| 2016 | $2,710 | $221,745 | $185,700 | $36,045 |
| 2015 | $2,661 | $218,415 | $182,911 | $35,504 |
| 2014 | $2,491 | $214,138 | $179,329 | $34,809 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | Pending | -- | -- | -- |
| 09/20/2025 09/20/25 | For Sale | $1,750,000 | -- | $1,808 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $300,700 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25221815
APN: 4188-013-050
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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