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    Property 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 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/

    Features
    : Wall Furnace
    : City Lights, Ocean
    : Patio, Roof Top, Patio Open, Enclosed, Rear Porch, Porch
    : 4.00
    0
    : Washer Hookup, Gas & Electric Dryer Hookup
    : Unknown
    : Multi-level Bedroom
    : 1 Common Wall
    0
    SBBEVIBEN
    : Public
    : 2-5 Units/acre
    : Park, Watersports, Dog Park, Biking, Fishing
    2
    1
    0
    1
    2
    2
    : Manhattan Ave Or Palm Ave
    : Electric Oven, Gas Range, Gas Oven
    0
    : Open Floorplan, Stone Counters, Balcony
    Address Map
    Manhattan
    1025
    Avenue
    0
    W119° 36' 3.5''
    N33° 51' 40.7''
    MLS Addon
    BerkshireHathaway HomeServices
    $0
    4
    HBRPYY
    3,996 Sqft
    Bevill
    02033028
    : Standard
    Mira Costa
    Mircos
    s5161
    Hermosa Valley
    Benjamin
    Coming from PCH, on Pier Ave turn left onto Manhattan Ave, Property is on the right
    Click Here
    Hermosa View
    Hermosa
    148 - Hermosa Bch Sand
    Two
    4187006021
    $0

    Residential For Sale

    1025 Manhattan Avenue, Hermosa Beach, California 90254

    0.09 Sqft
    $2,750,000
    Listing ID #SB24033002
    Basic Details
    Property Type : Residential
    Listing Type : Sold
    Listing ID : SB24033002
    List Price : $2,750,000
    Year Built : 1912
    Lot Area : 0.09 Sqft
    Country : US
    State : California
    County : Los Angeles
    City : Hermosa Beach
    Zipcode : 90254
    Close Price : $1,800,000
    Bathrooms : 4
    Status : Closed
    Price Per Square Foot : $748
    Days on Market : 24
    Property Sub Type : Triplex
    Agent info
    Contact Agent
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