3302 Manhattan Avenue

    Hermosa Beach, CA 90254
    • $5,095,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: SB18260246
    UPDATED: 135 min ago
    $5,095,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $1,415
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Trophy Income Property with Panoramic Ocean Views +G- Taken down to the studs in 2017, this virtually brand new 6 unit property is ideally located in a premier north Hermosa location. +G- Features 6 one bedroom/one bath units each featuring new wide plank oak flooring, new windows and doors, new cabinetry, stainless appliances and quartz counter tops, frameless glass showers with bench seat, large bedroom closet, washer and dryer, A/C, custom window blinds, security gates and one oversized garage space per unit (can handle large SUV+GGs). +G- Income of $21,150 per month +G- Short walk to beach, gym, Boccato+GGs Groceries, and assorted other services and a 8 min walk to downtown Manhattan Beach shops and restaurants. +G- Panoramic sand and whitewater views from upper units and two of three lower units boast great ocean views.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. 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/88914931

    3302 Manhattan Avenue Hermosa Beach, CA 90254

    • Price: $5,095,000
    • Status: Active
    • Updated: 135 min ago
    • ID#: SB18260246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,600
    SQFT
    $1,415
    $/SQFT
    1960
    Built
    Neighborhood:
    148 - Hermosa Bch Sand
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    Trophy Income Property with Panoramic Ocean Views +G- Taken down to the studs in 2017, this virtually brand new 6 unit property is ideally located in a premier north Hermosa location. +G- Features 6 one bedroom/one bath units each featuring new wide plank oak flooring, new windows and doors, new cabinetry, stainless appliances and quartz counter tops, frameless glass showers with bench seat, large bedroom closet, washer and dryer, A/C, custom window blinds, security gates and one oversized garage space per unit (can handle large SUV+GGs). +G- Income of $21,150 per month +G- Short walk to beach, gym, Boccato+GGs Groceries, and assorted other services and a 8 min walk to downtown Manhattan Beach shops and restaurants. +G- Panoramic sand and whitewater views from upper units and two of three lower units boast great ocean views.
    Exterior Features

    Garage Spaces 6.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached 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 2+ Common Walls Laundry Features In Closet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.45 Community Features Sidewalks Country Us Electric Expense 1300.00 Elevation Units Feet Fuel Expense 300.00 Gross Income 253800.00 Gross Scheduled Income 253800.00 Insurance Expense 2428.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1200.00 Net Operating Income 175619.00 New Construction YN No New Taxes Expense 63687.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 6 Operating Expense 78181.00 Operating Expense Percent 30.25 Professional Management Expense 7614.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 78181.00 Trash Expense 452.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Hbc1yy

    Listing provided courtesy of Bryn Stroyke of Stroyke Properties, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. 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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