48
See all 48 photos
$3,995,000
Est. payment /mo
4 Beds
4 Baths
Active
908 Manhattan Avenue Hermosa Beach, CA 90254
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25089694
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
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 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. All units currently being leased at pro forma rates.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East side of Manhattan Avenue between 8th & 10th Streets
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4187008032
Virtual Tour https://youtu.be/m5PZoEkOD5w
Listed by Darin DeRenzis Vista Sotheby’s International Realty
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