$3,000,000
$3,249,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
525 Manhattan AVE Hermosa Beach, CA 90254
4,332 SqFt
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,332 sqft
Price per Sqft $692
Subdivision Not Applicable-105
MLS Listing ID 320007059
Sold Date 10/20/21
HOA Y/N No
Year Built 1963
Lot Size 4,007 Sqft
Acres 0.092
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.
Location
State CA
County Los Angeles
Area 148 - Hermosa Bch Sand
Zoning HBR3YY
Interior
Fireplace No
Exterior
View Y/N Yes
Private Pool No
Building
Entry Level MultiSplit
Level or Stories MultiSplit
New Construction No
Others
Tax ID 4188011015
Acceptable Financing Cash, CashtoNewLoan, TrustConveyance
Listing Terms Cash, CashtoNewLoan, TrustConveyance
Financing Cash
Special Listing Condition Trust
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Bought with William Joseph • One Pacific Properties