1641 Manhattan Avenue

    Hermosa Beach, CA 90254
    • $3,495,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: SB18238490
    UPDATED: 76 min ago
    $3,495,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,484
      SQFT
    • $1,407
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Enjoy stunning sunsets from this turn-key tropical retreat in the heart of Hermosa Beach at THE prime location of 1641 Manhattan Avenue just a couple blocks from both the dining and entertainment of Pier Avenue as well as the Beach. The property is a legal duplex featuring 2 units totaling approx. 2,500 sf of living area on an oversized 3,036 sf street to street lot with amazing Pier and ocean views. The +G+owners+G- Unit A features 3 bedrooms and 2.5 bathrooms and an impressive open floor plan with kitchen and great room facing massive frameless corner glass windows for optimal entertainment and viewing pleasure. Unit B is 2 bedrooms and one bathroom in approx. 780 sf and is currently rented. The property also features a large outdoor patio, 2 car garage parking and both units have their own laundry areas inside the respective units. The sale also includes approved plans to add cabana/roof decks to both units, add 500 sf to Unit B and expand garage to 4 car parking. This property provides a unique opportunity to own a strong income producing turn-key property in a fantastic location either for personal use or investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T12:28:59.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88214666

    1641 Manhattan Avenue Hermosa Beach, CA 90254

    • Price: $3,495,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: SB18238490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,484
    SQFT
    $1,407
    $/SQFT
    1965
    Built
    Neighborhood:
    148 - Hermosa Bch Sand
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    Enjoy stunning sunsets from this turn-key tropical retreat in the heart of Hermosa Beach at THE prime location of 1641 Manhattan Avenue just a couple blocks from both the dining and entertainment of Pier Avenue as well as the Beach. The property is a legal duplex featuring 2 units totaling approx. 2,500 sf of living area on an oversized 3,036 sf street to street lot with amazing Pier and ocean views. The +G+owners+G- Unit A features 3 bedrooms and 2.5 bathrooms and an impressive open floor plan with kitchen and great room facing massive frameless corner glass windows for optimal entertainment and viewing pleasure. Unit B is 2 bedrooms and one bathroom in approx. 780 sf and is currently rented. The property also features a large outdoor patio, 2 car garage parking and both units have their own laundry areas inside the respective units. The sale also includes approved plans to add cabana/roof decks to both units, add 500 sf to Unit B and expand garage to 4 car parking. This property provides a unique opportunity to own a strong income producing turn-key property in a fantastic location either for personal use or investment.
    Exterior Features

    Garage Spaces 2.00 Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageGarage - Rear EntrySee Remarks Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No View City LightsOceanWaterWhite Water View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Family RoomMaster Bedroom Fireplace YN Yes Flooring Wood Heating Central Furnace Heating YN Yes Interior Features Open Floor PlanStone Counters Laundry Features Area Levels Two Room Type Family RoomMaster BathroomMaster BedroomMaster Suite

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cable Tv Expense 1587.00 Community Features Street Lighting Country Us Electric Expense 11700.00 Elevation Units Feet Gross Income 45000.00 Gross Scheduled Income 162000.00 Insurance Expense 2553.00 Land Lease YN No Laundry YN Yes Net Operating Income 118313.00 New Construction YN No New Taxes Expense 39000.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 43687.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 43687.00 Trash Expense 0.00 Water Sewer Expense 5760.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Neil Chhabria of Chhabria Real Estate Company.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T12:28:59.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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