Great location just 2 blocks from the Pacific Ocean on 40 x 100 Manhattan to Palm lot. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1972 and held it in their portfolio ever since. The Property consists of four (4) large units. One unit is (3) bedrooms, there are three two (2) Bedroom units and an additional Studio not showing on the Tax Assessor Information. The property with the 525 Manhattan address is believed to be built in 1963 and the property with the 526 & 526 1/2 Palm address is believed to be built in 1940. Landlord / Owner paying ALL utilities on Palm Addresses. Tenants paying Electric on Manhattan Addresses and Landlord / Owner paying water & trash.
Off market
$3,650,100
525 Manhattan Ave, Hermosa Beach, CA 90254
9beds
4,332sqft
MultiFamily
Built in 1963
-- sqft lot
$3,650,100 Zestimate®
$843/sqft
$4,937 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Other
Interior area
- Total interior livable area: 4,332 sqft
Property
Lot
- Size: 4,007 sqft
Details
- Parcel number: 4188011015
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Hermosa Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $283 monthly
Other
Other facts
- Agreement Type: Excl Rt Sell/Lease
- Property Subtype 1: Residential Income
- Service Level: Full Service
- State: CA
- Transaction Type: Sale
- Lot Size Source: (Public Records)
- Showing Access: Accepted Offer
- Stories/Levels: Multi Levels, Split Level
- Square Footage Source: Public Records
- Street Suffix: Avenue
- Flooring: Other
- Disclosures: Trust/Conservator
- Possession: Tenants Rights
- Special Conditions: Trust
- Tax ID: 4188011015
- Subdiv/Trac Code: Not Applicable-148
Services availability
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Estimated market value
$3,650,100