151 Monterey, Hermosa Beach, California 90254, Hermosa Beach, 90254 - bed, bath
151 Monterey
Hermosa Beach, California 90254
Property Price
SUMMARY
Analysis of 151 Monterey, Hermosa Beach, California 90254 is currently available with a list price of $1,795,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Hermosa Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Originally built in 1922, this property is marketed as a 'generational investment opportunity to rebuild,' indicating the structures are at the end of their functional life. With only 968 square feet across two units and no interior photos provided, the value lies almost entirely in the 3,008 square foot lot and its proximity to the beach. The 'drive-by only' instruction and the suggestion to create a 'family compound' confirm that the existing improvements are likely candidates for demolition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
- Prime Coastal Location
Situated just one block from the sand in the prestigious Hermosa Beach Sand section, this property offers an elite beach lifestyle and proximity to King Harbor.
- Development Potential
This generational investment opportunity provides the flexibility to either rebuild a custom luxury family compound or maintain a stable income source on a 3,008-square-foot lot.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1922, the property likely requires significant capital expenditure for modern upgrades or a complete teardown to realize its highest and best use.
- Limited Living Area
With only 968 square feet of living space divided between two units, the current interior footprint is exceptionally small, which may restrict immediate rental yields or owner-occupant comfort.
About 151 Monterey
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
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 3,008 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hermosa Beach Unified Schools
Hermosa View Elementary School
Grades K-3 • 1.0 mi
Opal Robinson Elementary School
Grades K-5 • 1.7 mi
Hermosa Valley Elementary School
Grades 4-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 968 | 1,981 | 11% |
| Lot Size | 3,008 | 3,008 | 50% |
| Price | $1.79M | $2.42M | 22% |
| Price per sq ft | $1.9K | $1.2K | 89% |
| Built year | 1922 | 1954 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 268 | 33% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,795,000
$1,875,000
-4% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$1,875,000
$1,750,000
+7% Price Increase
Initial Listing
Price Change
Sep 20, 2025
$1,750,000
Initial Listing