Price Reduction - Water Views
Listed By:
Fran Baldwin with Excel Funding Real Estate Services, Inc.;
Address
934 Manhattan Avenue, Hermosa Beach, CA
Price
$ 2,675,000
Property Attributes
  • MLS#SB23078866
  • TypeIncome
  • CountyLOS ANGELES
  • CityHermosa Beach
  • AreaHermosa Bch Sand
  • Zip90254
  • StyleTriplex
  • Year Built1910
  • Taxes$ 8165
  • Price$ 2,675,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1702
  • Lot Size2,510 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Exclusive Triplex Investment in Hermosa Beach, CA! Located at 934 Manhattan Ave, this remarkable property offers an unbeatable opportunity to own a triplex in one of the most desirable areas of Hermosa Beach. Situated near the bustling Pier Avenue, renowned for its vibrant restaurants, bars, and lively atmosphere, this triplex is perfectly positioned for those seeking a dynamic coastal lifestyle. With the beach just a short distance away, you can indulge in sun-kissed days and breathtaking ocean views. This triplex presents an incredible opportunity to make a sound investment in Hermosa Beach real estate. Don't let this chance slip away. Take advantage of this prime location and the potential this triplex holds. Contact us now to secure your spot in this sought-after community.

Price History
5/9/2023 Listed $3,249,000
7/21/2023 5% - $3,095,000
8/19/2023 5% - $2,949,000
9/8/2023 7% - $2,755,000
9/20/2023 3% - $2,675,000

General Features

Building Area Units Square Feet
City Hermosa Beach
Community Features Suburban, Sidewalks
Cooling None
County Los Angeles
Directions PCH to Pier Ave to Manhattan Ave
Entry Location Street
Garage Spaces 1
Garage Y/N Yes
Gross Income 80700
Heating Forced Air
Insurance Expense 970.64
Listing Agent Fran Baldwin - BRE#01194971
Listing Agent State License 01194971
Listing Terms Cash, Conventional
Lot Size Square Feet 2510
MLS Area 148 - Hermosa Bch Sand
Net Operating Income 137030
Operating Expense 6970
Pool Features None
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Manhattan
Tax Annual Amount 8165
Tax Lot 36
Tenant Pays All Utilities
Total Units 3
Trash Expense 1200
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
View Coastline, Ocean
View Y/N Yes
Virtual Tour https://california-realty-sites.seehouseat.com/2127156?idx=1
Water Sewer Expense 4800
Year Built 1910
Year Built Source Public Records
Zoning HBR3YY

Interior Features

Common Walls No Common Walls
Entry Level 1
Fireplace Features None
Heating Y/N Yes
Laundry Features Common Area, Washer Hookup, Gas Dryer Hookup
Street Suffix Avenue
Total Stories 2

Exterior Features

Buyer Agent Compensation 2.000
Buyer Agent Compensation Type %
Building Area Total 1702
Lot Features 0-1 Unit/Acre, Yard
Lot Size Acres 0.0576
Lot Size Area 2510
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Total Parking 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90254

Price
AVG $6.38M
$2.68M
Taxes
AVG $23,813
$8,165
Visits
AVG 62
43
Year Built
AVG 1952
1910

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