934 Manhattan Avenue

Hermosa Beach, CA 90254

$2,449,500
Price
4
Beds
3
Baths
1,702 Sq. Ft.
$1,439 / Sq. Ft.
1,702
Sq. Ft.
$1,439
per Sq. Ft.

Description

Exclusive Triplex Investment in Hermosa Beach, CA! Located at 934 Manhattan Ave, this remarkable property offers an unbeatable opportunity to own a triplex in one of the most desirable areas of Hermosa Beach. Situated near the bustling Pier Avenue, renowned for its vibrant restaurants, bars, and lively atmosphere, this triplex is perfectly positioned for those seeking a dynamic coastal lifestyle. With the beach just a short distance away, you can indulge in sun-kissed days and breathtaking ocean...Exclusive Triplex Investment in Hermosa Beach, CA! Located at 934 Manhattan Ave, this remarkable property offers an unbeatable opportunity to own a triplex in one of the most desirable areas of Hermosa Beach. Situated near the bustling Pier Avenue, renowned for its vibrant restaurants, bars, and lively atmosphere, this triplex is perfectly positioned for those seeking a dynamic coastal lifestyle. With the beach just a short distance away, you can indulge in sun-kissed days and breathtaking ocean views. This triplex presents an incredible opportunity to make a sound investment in Hermosa Beach real estate. Don't let this chance slip away. Take advantage of this prime location and the potential this triplex holds. Contact us now to secure your spot in this sought-after community.
  1. Listed by Fran Baldwin • DRE #01194971 • Brokerage DRE #01866188 • Excel Funding Real Estate Services, Inc. • 310-245-5626

Property Details for 934 Manhattan Avenue

View
Coastline, Ocean
Parking Spaces Total
1
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1702

Location

Listing Courtesy of Excel Funding Real Estate Services, Inc., Fran Baldwin, DRE #01194971
Add your commute
LISTING UPDATED: 12/19/2023 09:58 AM

Property Details for 934 Manhattan Avenue

StatusActive
MLS #SB23080875
Days on Market351
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1910
CountyLos Angeles County

Location

Listing Courtesy of Excel Funding Real Estate Services, Inc., Fran Baldwin, DRE #01194971
Add your commute

Building Information for 934 Manhattan Avenue

Building/Complex934 Manhattan AveFloor-Stories2Residences-Pet Policy-Year Built1910Building Size-

Payment Calculator

$14,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,368

Property Taxes

$693

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 934 Manhattan Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $80,700
  • Gross Scheduled Income: $144,000
  • Net Operating Income: $137,030
Expense Details
  • Operating Expense: $6,970
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $971
  • Trash Expense: $1,200
  • Water Sewer Expense: $4,800
  • Total Expenses: $6,971
Tax / Assessment Info
  • Tax Annual Amount: $8,165
  • Tax Block: A
  • Tax Tract Number: 860
  • Tax Census Tract: 6211.04
  • CFD/Mello-Roos Fee: $685
  • Tax Lot: 36
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Laundry, Living Room, See Remarks
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Laundry: Yes
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Laundry Location: Community
  • Laundry Utilities: Gas, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: Street
  • Structure Type: Triplex
  • Miscellaneous: Suburban
  • View Description: Coastline, Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,500
  • Unit Type Total Rent: $4,500
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,225
  • Unit Type Total Rent: $2,225
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Range: 3

Property History for 934 Manhattan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 934 Manhattan Avenue

Taxable ValueLand$479,020Additions$239,762Total$718,782
Tax Record2023$8,314 ($693 / month)
Home Facts
Total Finished SqFt1,702 SqFtAbove Grade Finished SqFt1,702 SqFtLot Size2,510 SqFtStyleTriplexYear Built1910ZoningHBR3YYCountyLOS ANGELESAPN4187-008-036

Schools near 934 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 - PK to 8
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

Our Lady Of Guadalupe Elementary School
PrivatePK to 8

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.

Similar Homes

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934 Manhattan Avenue is a multi-family home for sale in Hermosa Beach, CA 90254. This property was listed for sale on May 3, 2023 by Excel Funding Real Estate Services, Inc., it's currently listed at $2,449,500. It has been on the market for a total of 351 days and was last sold on January 9, 1996. This listing's school district is Hermosa Beach City Elementary School District. Nearby schools include Hermosa Valley Elementary School, Hermosa View Elementary School and Fusion Academy Sb: South Bay. 934 Manhattan Avenue is a 4-bed, 3-bath, 1,702 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Excel Funding Real Estate Services, Inc., Fran Baldwin, DRE #01194971

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.