712 Manhattan Avenue, Hermosa Beach, California 90254
- $3,749,000
- $3,799,000
- $3,749,000
- $3,799,000
Overview
- Apartment, Residential Income
- 4460 Sqft
- 1936
Description
Welcome to the “Seahorse Apartments, ” located at 712 Manhattan Avenue – a rare value-add multifamily opportunity in one of the most desirable locations in Hermosa Beach, just moments from the ocean and Hermosa Beach Pier and the beach lifestyle that define the South Bay. The property consists of 12 units: six one-bedroom units and six studios, offering a strong mix in an unbeatable coastal setting. Current rents are estimated at roughly 50% of market, creating substantial upside for an investor looking to renovate and reposition the property over time. Opportunities of this scale in Hermosa Beach are extremely limited: only 4 other properties with more than 10 units have sold on the market in the past decade. At well under $350, 000 per unit and situated only two blocks from the Hermosa Pier, 712 Manhattan Avenue represents an unparalleled chance to acquire a larger multifamily asset in a premier beach community with clear value-add potential and long-term investment appeal.
Address
Open on Google Maps-
Address: 712 Manhattan Avenue
-
State/county: CA
-
Zip/Postal Code: 90254
-
Country: US
Details
Updated on May 22, 2026 at 12:07 am-
Property ID SB26048379
-
Price $3,749,000
-
Property Size 4460 Sqft
-
Land Area 0.1152 Acres
-
Year Built 1936
-
Property Type Apartment, Residential Income
-
Property Status Pending
Additional details
-
Listing Terms Cash to New Loan
-
Sewer Public Sewer
-
Heating Floor Furnace
-
County Los Angeles
-
Property Type Residential Income
-
Pool None
-
Parking None
-
Community Features Biking, Street Lights, Sidewalks, Water Sports
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees