Great opportunity to own a Four-plex in heart of Hermosa Beach. Conveniently located near shopping, restaurants, the beach and other essential services. All units are 2-bedroom; Unit A has 1.0 bath, Unit B has 1.5 baths, Unit C has 2 baths, Unit D has 1.0 bath. The garage has a total of 8 in-tandem spaces, there are 2 stairways, 4 covered balconies, a rooftop deck with ocean view and one unit has a partial ocean view. Good maintained units and if refurbished can obtain higher rent, but building and units have been maintained. Drive by only, do not disturb tenants. Please note that the physical house number and post office show the house number as 325 Monterey.
Sold for $3,000,000
Listed by: Ken Nakaoka Company • Mina Semenza • Contact: 310-323-4444
Bought with: Pinnacle Estate Properties, Inc.
$3,000,000
323 Monterey Blvd, Hermosa Beach, CA 90254
8beds
6baths
4,176sqft
Quadruplex
Built in 1972
-- sqft lot
$3,267,100 Zestimate®
$718/sqft
$4,477 Estimated rent
Home value
$3,267,100
$2.88M - $3.76M
$4,477/mo
Zestimate® history
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Ocean viewRooftop deck
Zillow last checked:
Listing updated:
Listed by:
Mina Semenza DRE #01437415 310-323-4444,
Ken Nakaoka Company
Bought with:
Justin Shore, DRE #01715508
Pinnacle Estate Properties, Inc.
Source: CRMLS,MLS#: SB23099842
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Rooms
- Room types: Kitchen, Living Room
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Gas Range, Gas Water Heater
- Laundry: In Garage
Features
- Balcony, Unfurnished
- Flooring: Carpet, Vinyl
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,176
- Total interior livable area: 4,176 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Accessibility
- Accessibility features: None
Features
- Entry location: side
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 3,017 Square Feet
- Features: No Landscaping
Details
- Parcel number: 4188009006
- Zoning: HBR3YY
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
Location
- Region: Hermosa Beach
Financial & listing details
- Price per square foot: $718/sqft
- Tax assessed value: $3,060,800
- Annual tax amount: $34,000
- Date on market: 6/6/2023
- Cumulative days on market: 52 days
- Listing terms: Cash to New Loan,Conventional
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2023 | Sold | $3,000,000-22.8%$718/sqft |
Source:  CRMLS #SB23099842 Report a problem | ||
| 9/1/2023 | Pending sale | $3,885,000$930/sqft |
Source: CRMLS #SB23099842 Report a problem | ||
| 6/7/2023 | Listed for sale | $3,885,000+246.9%$930/sqft |
Source: CRMLS #SB23099842 Report a problem | ||
| 5/14/2004 | Sold | $1,120,000$268/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,000 +3.2% | $3,060,800 +2% |
| 2024 | $32,955 +358% | $3,000,800 +422.1% |
| 2023 | $7,195 +1.8% | $574,705 +2% |
| 2022 | $7,068 -0.1% | $563,453 +2% |
| 2021 | $7,072 +0.6% | $552,422 +1% |
| 2020 | $7,033 | $546,767 +2% |
| 2019 | $7,033 +5.6% | $536,063 +2% |
| 2018 | $6,658 | $525,569 +2.2% |
| 2017 | $6,658 +0.8% | $514,481 +2% |
| 2016 | $6,608 +4.8% | $504,394 +1.5% |
| 2015 | $6,308 +8% | $496,819 +2% |
| 2014 | $5,840 | $487,088 +2.5% |
| 2012 | -- | $475,381 +2% |
| 2011 | -- | $466,060 +0.8% |
| 2010 | -- | $462,577 -0.2% |
| 2009 | -- | $463,677 +2% |
| 2008 | -- | $454,587 +2% |
| 2007 | -- | $445,674 +2% |
| 2006 | -- | $436,936 |
| 2005 | -- | $436,936 +4% |
| 2004 | -- | $419,971 +1.9% |
| 2003 | -- | $412,275 +2% |
| 2002 | -- | $404,192 +4% |
| 2000 | -- | $388,498 |
Find assessor info on the county website
Neighborhood: 90254
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Nearby schools
GreatSchools rating
- 8/10Hermosa Valley Elementary SchoolGrades: 5-8Distance: 0.7 mi
- NAHermosa View Elementary SchoolGrades: K-1Distance: 0.9 mi
- 10/10Hermosa Vista SchoolGrades: 2-4Distance: 1.2 mi
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Estimated market value
$3,267,100
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Estimated market value
$3,267,100
- California
- Los Angeles County
- Hermosa Beach
- 90254
- 323 Monterey Blvd
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