908 Manhattan AVE

Hermosa Beach,CA 90254

$ 3995000

- Bed

- Bath

2534 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Hold

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $1,576

MLS Listing ID SB25089694

Style Contemporary

Construction Status Turnkey,Updated/Remodeled

HOA Y/N No

Year Built 1941

Lot Size 4,991 Sqft

Acres 0.1146

Property Sub-Type Apartment

Property Description

Entire Property Fully Remodeled - Turnkey 5-Unit Beachside Investment Opportunity! This 2025 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 expense—a rare find in investment properties—featuring 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.
All units currently being leased at pro forma rates.

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Zoning HBR3YY

Rooms

Other Rooms Kitchen,Laundry

Interior

Interior Features Ceiling Fan(s),Quartz Counters,Recessed Lighting,Unfurnished

Heating Electric,Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type None

Appliance Gas Oven,Gas Range,Microwave,Range Hood,Refrigerator,Water Heater

Laundry Inside,Stackable

Exterior

Parking Features Assigned

Garage Spaces 4.0

Pool None

Community Features Curbs,Sidewalks,Street Lights

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

Waterfront Description Ocean Side Of Highway 1

View Y/N Yes

View Ocean

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Multi/Split

Additional Building Second Garage Detached

New Construction No

Construction Status Turnkey,Updated/Remodeled

Others

Senior Community No

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=fNKuiL1M9uk

Lease Land No

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Eileen

SHOW CONTACT PH 310-941-3433

SHOW INSTRUCTIONS DO NOT DISTURB TENANTS. Call Eileen at 310-941-3433 to schedule a showing. Supra on front door of front unit #B. You may show only unoccupied units: #B & #D.

View More
Favorite Go Tour