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    525 Manhattan Avenue

    Hermosa Beach, CA 90254
    • $3,249,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: 320007059
    UPDATED: 46 min ago
    $3,249,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Great location just 2 blocks from the Pacific Ocean on 40 x 100 Manhattan to Palm lot. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1972 and held it in their portfolio ever since. The Property consists of four (4) large units. One unit is (3) bedrooms, there are three two (2) Bedroom units and an additional Studio not showing on the Tax Assessor Information. The property with the 525 Manhattan address is believed to be built in 1963 and the property with the 526 & 526 1/2 Palm address is believed to be built in 1940. Landlord / Owner paying ALL utilities on Palm Addresses. Tenants paying Electric on Manhattan Addresses and Landlord / Owner paying water & trash.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T19:33:30.847. 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 or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/119776913
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    525 Manhattan Avenue Hermosa Beach, CA 90254

    • Price: $3,249,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 320007059
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1963
    Built
    Neighborhood:
    Not Applicable-105
    County:
    Los Angeles
    Area:
    148 - Hermosa Bch Sand
    Property Description
    Great location just 2 blocks from the Pacific Ocean on 40 x 100 Manhattan to Palm lot. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1972 and held it in their portfolio ever since. The Property consists of four (4) large units. One unit is (3) bedrooms, there are three two (2) Bedroom units and an additional Studio not showing on the Tax Assessor Information. The property with the 525 Manhattan address is believed to be built in 1963 and the property with the 526 & 526 1/2 Palm address is believed to be built in 1940. Landlord / Owner paying ALL utilities on Palm Addresses. Tenants paying Electric on Manhattan Addresses and Landlord / Owner paying water & trash.
    Exterior Features

    Carport Spaces 0 Number Of Separate Electric Meters 4 Parking Total 0 Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Cap Rate 0 Disclosures Trust/Conservatorship Fuel Expense 0 Garage YN No Gross Scheduled Income 0 Insurance Expense 0 Land Lease Amount 0 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 0 Net Operating Income 0 New Taxes Expense 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 0 Other Expense 0 Special Listing Conditions Trust Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Zoning Hbr3yy

    Listing provided courtesy of Robert Schad of Keller Williams R. E. Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T19:33:30.847. 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 or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
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    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373