1025 Manhattan Avenue
1025 Manhattan Avenue
$1,800,000
4
4
2,408
2,408
$748
Closed 4/11/24
Description
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...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 Beach’s renowned Pier Avenue, residents can indulge in a plethora of dining, shopping, and beachfront delights. Whether you’re an investor, vacation property specialist, land developer, or a savvy buyer with dreams of crafting your own home, this property offers endless possibilities! Watch property highlight video at: https://www.wellcomemat.com/video/54fb41bdf9191li3u/SB24033002/
- Listed by Benjamin Bevill • DRE #02033028 • Brokerage DRE #01345054 • BerkshireHathaway HomeServices • 916-243-8675
Property Details for 1025 Manhattan Avenue
View
City Lights, Ocean
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2408
Location
LISTING UPDATED: 04/12/2024 07:05 AM
Property Details for 1025 Manhattan Avenue
Status | Closed |
---|---|
MLS # | SB24033002 |
Days on Market | 24 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential |
Year Built | 1912 |
County | Los Angeles County |
Location
Building Information for 1025 Manhattan Avenue
Building/Complex1025 Manhattan AveFloor-Stories2Residences-Pet Policy-Year Built1912Building Size-
Payment Calculator
$10,451 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1025 Manhattan Avenue
Property History for 1025 Manhattan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1025 Manhattan Avenue
Taxable ValueLand$360,901Additions$166,503Total$527,404
Tax Record2023$7,531 ($628 / month)
Home Facts
Total Finished SqFt2,408 SqFtAbove Grade Finished SqFt2,408 SqFtLot Size3,996 SqFtStyleTriplexYear Built1912ZoningHBRPYYCountyLOS ANGELESAPN4187-006-021
Schools near 1025 Manhattan Avenue
This home is within Hermosa Beach City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 4 to 8 | |||
Public - | K to 3 | |||
Private - | 6 to 12 | |||
Private - | K to 12 |
Rating | School | Distance |
---|---|---|
Hermosa Valley Elementary School Public4 to 8 | ||
Hermosa View Elementary School PublicK to 3 | ||
Fusion Academy Sb: South Bay Private6 to 12 | ||
Hope Chapel Academy PrivateK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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