Hermosa Beach, CA 90254,825 Manhattan
Hermosa Beach, CA 90254,825 Manhattan
Hermosa Beach, CA 90254,825 Manhattan
Hermosa Beach, CA 90254,825 Manhattan
Hermosa Beach, CA 90254,825 Manhattan
Hermosa Beach, CA 90254,825 Manhattan
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$ 3,900,000
Est. payment | /mo

3,001 Sqft Lot


$ 3,900,000
Est. payment | /mo

3,001 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26019505

HOA Y/N No

Year Built 1949

Lot Size 3,001 Sqft

Property Sub-Type Apartment

Property Description

Welcome to this exceptional investment opportunity in the highly desirable Hermosa Beach sand section! This high income producing was meticulously renovated with no expense spared. All five units feature in-unit washer/dryers, brand new dual-pane windows, beautiful modern entry doors, recessed lighting and luxury vinyl plank flooring throughout. Gorgeous top of the line finishes in all the units include new interior paint, new modern kitchen cabinets, elegant quartz countertops, stainless steel appliances, updated bathroom vanities, modern mirrors, bathtubs and premium designer shower and floor tile.
Significant capital improvements include a new electrical main panel with individual subpanels, new plumbing for each unit, modern exterior fencing, upgraded balcony deck tile and flush steel-back insulated garage doors with automatic openers.
Just a short distance from the world-famous beach and vibrant downtown Hermosa, this income property boasts a wealth of amenities that are preferred by all potential tenants, including a variety of trendy restaurants, boutique shops, and lively bars. Opportunities to acquire turnkey income properties in such a prime location are rare.
This property is move-in ready for any new tenants. It offers an ideal unit mix: three one-bedroom units, one two-bedroom unit, and one studio, ensuring virtually full occupancy throughout the year. One of the one-bedroom units may be delivered vacant, providing an attractive owner/user opportunity or immediate rental upside.
This trophy property serves as a strong asset and great store of value for the discerning investor. Don't miss your chance to seize this incredible opportunity!

Location

State CA

County Los Angeles

Area 148 - Hermosa Bch Sand

Interior

Interior Features Balcony, Quartz Counters

Heating Ductless

Cooling Ductless

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sloped Down

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4187007010

Energy Description 443.86

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://vuelo-media-real-estate-productions.aryeo.com/sites/xxzzxne/unbranded

CRMLS – RECore
Listed by Dunham Stewart Vista Sotheby’s International Realty 310-200-5283
Steven Shearrill

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825 Manhattan