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.
Off market
Listing Provided by:
$3,611,543
908 Manhattan Ave, Hermosa Beach, CA 90254
--beds
--baths
2,534sqft
Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$1,425/sqft
$7,249 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 12:57pm
Source: CRMLS,MLS#: SB25089694
Originating MLS: California Regional MLS

Facts & features
Interior
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 sqft
- 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 & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Hermosa Beach
HOA & financial
Other financial information
- Total actual rent: 7800
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved