Entire Property Fully Remodeled - Turnkey 5-Unit Beachside Investment Opportunity! This 2025 renovated, move-in ready five-unit apartment complex is a rare gem for beach-loving investors seeking strong income potential and long-term appreciation. Located just two blocks from the sand and two blocks from the iconic Hermosa Beach Pier, this property offers an unbeatable A+ location paired with pristine A+ condition. The unit mix includes five 1-bedroom, 1-bathroom units split across two buildings. At the front, two charming bungalow-style units are connected and share a 2-car garage. In addition, there's open-air parking for five more vehicles – a major perk in this prime beach area. The rear building is a two-story structure, with upper-level units featuring beautiful ocean views from both the living rooms and bedrooms. On the ground floor, you'll find an additional unit plus two 1-car garages accessible from the alley. The remodel spared no expense—a rare find in investment properties—featuring high-end finishes and comprehensive upgrades aimed at minimizing ongoing expenses. The property boasts brand new roofs, plumbing, electrical systems, windows, kitchens, and bathrooms throughout. Additionally, the low-maintenance design eliminates landscaping upkeep and water bills, further reducing operating costs.
All units currently being leased at pro forma rates.
For sale
Listing Provided by:
Darin DeRenzis DRE #01760239 310-418-6210,
Vista Sotheby’s International Realty,
Rob McGarry DRE #01356525 310-463-8488,
Vista Sotheby’s International Realty
$3,995,000
908 Manhattan Ave, Hermosa Beach, CA 90254
5beds
5baths
2,534sqft
Est.:
Multi Family
Built in 1941
-- sqft lot
$3,930,200 Zestimate®
$1,577/sqft
$-- HOA
What's special
Beautiful ocean viewsCharming bungalow-style unitsBrand new roofsOpen-air parkingLow-maintenance designHigh-end finishesComprehensive upgrades
- 71 days
- on Zillow |
- 455 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: June 18, 2025 at 04:45pm
Listing Provided by:
Darin DeRenzis DRE #01760239 310-418-6210,
Vista Sotheby’s International Realty,
Rob McGarry DRE #01356525 310-463-8488,
Vista Sotheby’s International Realty
Source: CRMLS,MLS#: SB25089694
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Rooms
- Room types: Kitchen, Laundry
Heating
- Electric, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
- Laundry: Inside, Stacked
Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,534
- Total interior livable area: 2,534 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Assigned
- Garage spaces: 4
- Uncovered spaces: 5
Features
- Levels: Multi/Split
- Entry location: Ground level and upper level
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Side Of Highway
Lot
- Size: 4,991 Square Feet
- Features: Landscaped
Details
- Additional structures: Second Garage
- Parcel number: 4187008032
- Zoning: HBR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Hermosa Beach
Financial & listing details
- Price per square foot: $1,577/sqft
- Tax assessed value: $3,611,543
- Annual tax amount: $39,908
- Date on market: 4/24/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 7800
- Tenant pays: Electricity, Gas
- Road surface type: Paved
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