- 4 BR
- 3 BA
- 1,702 SqFt.
- 2,510 Lot
- $2,449,500
- Active
- DOM: 357
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/
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Property Details for 1025 Manhattan Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Benjamin Bevill
- Listing Brokered By
- BerkshireHathaway HomeServices
- Type
- Residential, Triplex
- Year Built
- 1912 (PublicRecords)
- MLS Area
- 148 - Hermosa Bch Sand
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 24 DOM
- Combined DOM*
- 24
- First Date Active
- February 16th, 2024
- Closing Date
- April 11th, 2024
- Sold Price
- $1,800,000
- Sold PPSF
- $748
- Orig. List Price
- $2,750,000
- MLS® #
- SB24033002
- APN
- 4187006021
- Special
- Standard
Home Interior Information
- Levels/Stories
- Two
- Bedrooms
- 4
- Total Baths
- 4
- Full Baths
- 4
- Int. Sqft.
- 2,408
- Heating
- Wall Furnace
- Cooling
- None
- Appliances
- Electric Oven, Gas Oven, Gas Range
- Int. Features
- Balcony, Open Floorplan, Stone Counters
- Fireplaces
- None
Room Information
- Room Type
- Multi-Level Bedroom
- Laundry
- WasherHookup, ElectricDryerHookup, GasDryerHookup
Exterior Information
- Lot Description
- 2-5 Units/Acre
- Lot Size (sq. ft.)
- 3,996
- Lot Size (acres)
- 0.09
- Pool
- None
- Parking Spaces
- 4
- Garage Spaces
- 4
View, Style & Tour Information
- View
- City Lights, Ocean
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- HBRPYY
- Buyer's Brokerage Fee
- 2.500
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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School Information
- Elementary
- Hermosa View
- Middle
- Hermosa Valley
- High
- Mira Costa
- District
- Hermosa
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Listing/Price History
1025 Manhattan Avenue, Hermosa Beach, (MLS® #SB24033002)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $1,800,000 | – | |
| Active Under Contract | – | – | |
| Active | – | – | |
| Pending (from Active) | – | – | |
| First Day Active | $2,750,000 | – |
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Listing Summary
Quick Summary of 1025 Manhattan Avenue: This 4 Bedroom/4 Bathroom home in Hermosa Beach is priced at $2,750,000 ($1,142/PSF) . The 2,408 sqft. Triplex residence was originally built in 1912 and was listed on February 16th, 2024 at $2,750,000, showing 24 Days on Market currently. The nearest elementary school is Hermosa View and the local high school is Mira Costa . Contact Dave Fratello today for more information or to go see 1025 Manhattan Avenue.
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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 12:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
