SOLD
$1,800,000
Date 04/11/2024

1025 Manhattan Avenue
Hermosa Beach, CA 90254

Single Family
Residential
4
Beds
4
Baths
2,408
Sq. Ft.
0.0917
Acre Lot
Courtesy: Benjamin Bevill - BerkshireHathaway HomeServices; Email: [email protected]
Agent Websites> California> Hermosa Beach> 90254
***Back on the market, buyer could not perform*** Introducing an exceptional investment opportunity in the highly sought-after Hermosa Beach Sand section! Located just steps from the Strand, this remarkable income property boasts panoramic ocean views stretching from Palos Verdes to Malibu, best enjoyed from the expansive 400 square foot rooftop deck featuring artificial turf, a fireplace, a sitting area, and a sunbathing spot, or enjoy the amazing view from the living room of the rear unit. This triplex comprises a spacious 2-bed, 2-bath unit and (two) 1-bed, 1-bath units, all currently occupied by longstanding tenants with a proven track record of consistent rent payments, ensuring immediate income generation. With tenants on flexible month-to-month leases, transitioning to new ownership is seamless, offering investors and developers a fantastic value-add opportunity. This property offers (two) 2-car garages, individual laundry in each unit, private decks, an enclosed backyard/patio space, and lightly updated kitchens. Situated just off Hermosa Beachs renowned Pier Avenue, residents can indulge in a plethora of dining, shopping, and beachfront delights. Whether youre an investor, vacation property specialist, land developer, or a savvy buyer with dreams of crafting your o
CRSB24033002
Single Family, 2 Story
4
Los Angeles
4 Full
1912
0.0917 Acres
Public
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Benjamin Bevill - BerkshireHathaway HomeServices; Email: [email protected]

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