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    Property Description

    Ideally positioned just two blocks from the sand in North Hermosa Beach, 2901 Manhattan Avenue presents a compelling value-add opportunity in one of the South Bay’s most desirable coastal communities. The five-unit multifamily property offers investors the opportunity to acquire a well-located asset with below-market rents, attractive unit diversity, and meaningful potential to enhance income and long-term value. The quality unit mix includes a desirable three-bedroom, two-bathroom residence that will be delivered vacant at close of escrow, providing immediate flexibility for an owner-user, strategic repositioning, or a market-rate lease-up. Combined with the property’s existing rental units, this mix offers appeal to a broad range of tenants seeking coastal living, from those looking for additional space to residents drawn to the convenience of a beachside location. The Property’s ideal location offers a quintessential Southern California lifestyle, with sandy beaches, a vibrant downtown, acclaimed dining, local cafes, and the Strand’s renowned walking, running, and cycling paths. Just minutes away, downtown Manhattan Beach adds another dimension to coastal living, with its fine dining, boutique shopping, charming village atmosphere, and iconic pier. Together, these neighboring beach communities offer an exceptional blend of coastal recreation, nearby amenities, and enduring lifestyle appeal. A rare opportunity to acquire a five-unit coastal investment with a desirable unit mix, below-market rents, a vacant three-bedroom residence, and significant value-add potential just moments from the beach.

    Features
    Heating System:
    Floor Furnace
    Cooling System:
    No
    Parking:
    2.00
    New Construction YN:
    0
    Laundry:
    Washer Included, Dryer Included
    Parking:
    Street, Garage
    Senior Community:
    0
    List Agent Agent ID:
    CLW-C104654
    Stories:
    2
    Association:
    0
    Appliances:
    Refrigerator, Dishwasher
    Address Map
    Street:
    Manhattan
    Street Number:
    2901
    Street Suffix:
    Avenue
    Zip4:
    2312
    Floor Number:
    0
    Longitude:
    W119° 35' 40.2''
    Latitude:
    N33° 52' 27.8''
    MLS Addon
    Listing Courtesy of:
    Douglas Elliman
    TaxAnnualAmount:
    $0
    Zoning:
    HBR3*
    Lot Size Square Feet:
    2,417 Sqft
    List Agent Last Name:
    Barragan
    List Agent License Number:
    01898434
    Special Listing Conditions:
    Standard
    List Office ID:
    CLW-X80715
    List Agent First Name:
    Raphael
    Directions:
    Corner of Manhattan Ave and 29th St
    Virtual Tour URL Unbranded:
    Click Here
    MLSAreaMajor:
    148 - Hermosa Bch Sand
    Levels:
    Two
    Parcel Number:
    4181028015
    List Agent License Number:
    01947727
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income For Sale

    2901 Manhattan Avenue, Hermosa Beach, California 90254

    0.06 Sqft
    $2,999,000
    Listing ID #26102269
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    For Sale
    Listing ID :
    26102269
    List Price :
    $2,999,000
    Year Built :
    1937
    Lot Area :
    0.06 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Hermosa Beach
    Zipcode:
    90254
    Status :
    Active
    Price Per Square Foot :
    $897
    Days on Market :
    9
    Agent info
    Contact Agent
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