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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
    : 
    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
    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.
    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#: SB25089694MLS LogoOriginating MLS: California Regional MLS
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    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

    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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