915 Manhattan Avenue

Hermosa Beach, CA 90254

$2,250,000

Closed

  • 2,769Sq. Ft.
  • 3,006Lot Size (Sq.Ft.)

Rare opportunity to own a 5-Unit apartment building in the heart of Downtown Hermosa Beach! Only two short blocks to the ocean and steps to the Hermosa Beach Pier, fabulous shopping, two farmers markets, award-winning restaurants, entertainment and everything else Hermosa Beach has to offer. This classic Spanish style apartment building has 2,769 SF and a 3,006 SF lot. The front building features a 2-bed, 1-bath and a 1 bed, 1 bath, each with their own washer and dryer. The rear building consists of one 1-bed, 1- bath, and two studio apartments. Tenants enjoy a large, shared courtyard. Each unit is individually metered for gas and electric and has their own 50-gallon water heater. Street to alley lot, and zoned R3. There are many possibilities here as you can live in one unit and rent out the others, hold for straight appreciation, build two townhomes, or a single family home. (Buyer to verify) Additional income can be generated from garage parking.

Key Details

  • Type: Residential Income
  • Year Built: 1928
  • Days on Market: 39
  • Combined DOM* : 39
  • Close Date: July 3rd, 2018
  • Status: Closed
  • Closed Price: $2,250,000
  • PPSF: $813
  • Orig. list price: $2,999,000
  • Date Listed: February 22nd, 2018
  • MLS® #: SB18030699
  • APN: 4187007005
  • Special:

Additional Info

  • Style: Spanish
  • Parking Spaces: 2
  • Garage Spaces: 2

Community Information

  • Area: Hermosa Beach Sand (148)
  • City/State: Hermosa Beach, CA
  • Zip Code: 90254
  • County: Los Angeles

Exterior

  • Lot Description: 2-5 Units/Acre
  • Lot Size (sq. ft.): 3,006
  • Lot Size (acres): 0.00
  • Roof: Flat Roof

Interior

  • Square Footage: 2,769
  • Heating: Floor Furnace, Wall Heater
  • Cooling: None
  • Fireplace: Yes

* 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” it, or sellers may change agents when a property has failed to sell.

Price History for 915 Manhattan Avenue, Hermosa Beach, CA (MLS® #SB18030699)

Date Details Price Change
Closed $2,250,000
Pending
Active
Price Reduced (from $2,999,000) $2,500,000 $499,000 (16.64%)
Pending (from Active)
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Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2019 at 4:01pm 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.