Hermosa Beach, CA 90254,525 Manhattan AVE
Hermosa Beach, CA 90254,525 Manhattan AVE
Hermosa Beach, CA 90254,525 Manhattan AVE
7
$3,000,000
$3,249,000
7.7%
Est.Price: ?

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4,007 Sqft Lot

525 Manhattan AVE Hermosa Beach, CA 90254

Est. payment /mo
SOLD DATE : 10/20/2021

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Key Details

Sold Price $3,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

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

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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California Regional MLS (CRMLS)
Listed by Robert Schad • Keller Williams R. E. Services
Bought with William Joseph • One Pacific Properties

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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