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    315 Manhattan Avenue

    Hermosa Beach, CA 90254
    • $2,100,000
    • STATUS: ACTIVE
    • ON SITE: 7 days
    • ID#: SB21091718
    UPDATED: 33 min ago
    $2,100,000
    • 2
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    315 Manhattan Ave in Hermosa Beach is a pride-of-ownership duplex located in the desirable sand section just two blocks from The Strand. The 1,728 SF building is situated on a 1,530 SF lot and has been completely remodeled with top-of-the-line upgrades. This property features a unit mix of (1) 2-bed/1-bath unit and (1) large studio unit, currently bringing in a combined $5,600 a month in GSI. The entire property has undergone the following renovations: in-unit/patio area washer & dryers, hardwood flooring throughout, new SS kitchen appliances, new doors, new roof, remodeled garage, completely renovated bathrooms with new sinks, tubs, toilets, tankless hot water heaters, new electrical, gas, plumbing, interior lighting, and high-speed internet throughout the units. This turn-key asset is in one of Los Angeles strongest rental markets and is a perfect opportunity for both owner-users and investors 315 Manhattan Ave in Hermosa Beach is a pride-of-ownership duplex located in the desirable sand section just two blocks from The Strand. The 1,728 SF building is situated on a 1,530 SF lot and has been completely remodeled with top-of-the-line upgrades. This property features a unit mix of (1) 2-bed/1-bath unit and (1) large studio unit, currently bringing in a combined $5,600 a month in GSI. The entire property has undergone the following renovations: in-unit/patio area washer & dryers, hardwood flooring throughout, new SS kitchen appliances, new doors, new roof, remodeled garage, completely renovated bathrooms with new sinks, tubs, toilets, tankless hot water heaters, new electrical, gas, plumbing, interior lighting, and high-speed internet throughout the units. This turn-key asset is in one of Los Angeles strongest rental markets and is a perfect opportunity for both owner-users and investors

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sunluxrealestate.com/homes/116645953
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    315 Manhattan Avenue Hermosa Beach, CA 90254

    • Price: $2,100,000
    • Status: ACTIVE
    • Updated: 33 min ago
    • ID#: SB21091718
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    Neighborhood:
    Hermosa Beach (90254)
    County:
    Los Angeles
    Area:
    Hermosa Beach (90254)
    Property Description
    315 Manhattan Ave in Hermosa Beach is a pride-of-ownership duplex located in the desirable sand section just two blocks from The Strand. The 1,728 SF building is situated on a 1,530 SF lot and has been completely remodeled with top-of-the-line upgrades. This property features a unit mix of (1) 2-bed/1-bath unit and (1) large studio unit, currently bringing in a combined $5,600 a month in GSI. The entire property has undergone the following renovations: in-unit/patio area washer & dryers, hardwood flooring throughout, new SS kitchen appliances, new doors, new roof, remodeled garage, completely renovated bathrooms with new sinks, tubs, toilets, tankless hot water heaters, new electrical, gas, plumbing, interior lighting, and high-speed internet throughout the units. This turn-key asset is in one of Los Angeles strongest rental markets and is a perfect opportunity for both owner-users and investors 315 Manhattan Ave in Hermosa Beach is a pride-of-ownership duplex located in the desirable sand section just two blocks from The Strand. The 1,728 SF building is situated on a 1,530 SF lot and has been completely remodeled with top-of-the-line upgrades. This property features a unit mix of (1) 2-bed/1-bath unit and (1) large studio unit, currently bringing in a combined $5,600 a month in GSI. The entire property has undergone the following renovations: in-unit/patio area washer & dryers, hardwood flooring throughout, new SS kitchen appliances, new doors, new roof, remodeled garage, completely renovated bathrooms with new sinks, tubs, toilets, tankless hot water heaters, new electrical, gas, plumbing, interior lighting, and high-speed internet throughout the units. This turn-key asset is in one of Los Angeles strongest rental markets and is a perfect opportunity for both owner-users and investors
    Exterior Features

    Pool N/K Site Sidewalks

    Interior Features

    Cooling Central Forced Air Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Actual Cap Rate 1.75 Annual Expense Actual 28467 Buildings 1 Gross Rent Multiplier Actual 31.25 Gross Scheduled Income Actual 67200 Home Owners Fees 0.0 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3500.0 Unit2 Rent Actual 2100.0 Zoning Assessor

    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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