908 Manhattan Avenue new

Hermosa Beach,CA 90254

$ 3995000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25089694

HOA Y/N No

Lot Size 4,991 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Fully Remodeled & Fully Vacant Turnkey 5-Unit Beachside Investment Opportunity! This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expensea rare find in investment propertiesfeaturing high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water bills, further reducing operating costs. Everything is done for you. Just place your tenants and start enjoying strong returns from this exceptional coastal investment!
Fully Remodeled & Fully Vacant Turnkey 5-Unit Beachside Investment Opportunity! This beautifully renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expensea rare find in investment propertiesfeaturing high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water bills, further reducing operating costs. Everything is done for you. Just place your tenants and start enjoying strong returns from this exceptional coastal investment!

Location

State CA

County Los Angeles

Area Hermosa Beach (90254)

Zoning Assessor

Interior

Heating Electric

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories Split Level

Others

Monthly Total Fees $143

Miscellaneous Value in Land

Acceptable Financing Cash,Conventional,Exchange

Listing Terms Cash,Conventional,Exchange

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