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Listed by: Ryan Bunke (310) 386-1723 DRE #02083042 | DOMO Real Estate (310) 818-7403
$3,749,000
6 Beds
- 12 Baths
4,460sqft
712 Manhattan Ave, Hermosa Beach, CA 90254
$3,749,000
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Apartment
Built in 1936
$-- HOA
5,017 sqft lot
$841/sq.ft
Description
Welcome to the "Seahorse Apartments," located at 712 Manhattan Avenue - a rare value-add multifamily opportunity in one of the most desirable locations in Hermosa Beach, just moments from the ocean and Hermosa Beach Pier and the beach lifestyle that define the South Bay.
The property consists of 12 units: six one-bedroom units and six studios, offering a strong mix in an unbeatable coastal setting. Current rents are estimated at roughly 50% of market, creating substantial upside for an investor looking to renovate and reposition the property over time.
Opportunities of this scale in Hermosa Beach are extremely limited: only 4 other properties with more than 10 u...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
4,460 sqft
Lot Size
5,017 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26048379
MLS Status
Pending
Days on Market
130
Cumulative Days on Market
34
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