934 Manhattan Ave, Hermosa Beach, CA 90254
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934 Manhattan Ave Hermosa Beach, CA 90254

$2,295,000
  • 4 Beds
  • 3 Baths
  • 1,702 Sq.Ft.
Back Up Offer
$2,295,000 Get Pre-Qualified

Map preview of 934 Manhattan Ave, Hermosa Beach, CA 90254

Property Overview: 934 Manhattan Ave Hermosa Beach, CA has 4 bedrooms, 3 bathrooms, 1,702 living square feet and 2,510 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Exclusive Triplex Investment in Hermosa Beach, CA! Located at 934 Manhattan Ave, this remarkable property offers an unbeatable opportunity to own a triplex in one of the most desirable areas of Hermosa Beach. Situated near the bustling Pier Avenue, renowned for its vibrant restaurants, bars, and lively atmosphere, this triplex is perfectly positioned for those seeking a dynamic coastal lifestyle. With the beach just a short distance away, you can indulge in sun-kissed days and breathtaking ocean views. This triplex presents an incredible opportunity to make a sound investment in Hermosa Beach real estate. Don't let this chance slip away. Take advantage of this prime location and the potential this triplex holds. Contact us now to secure your spot in this sought-after community.

Listed by Fran Baldwin | BRE #01194971 | Excel Funding Real Estate Services, Inc.
Last checked: 3 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 498

Home details

Lot Sq. Ft
2,510
HOA Dues
$0/mo
Year built
1910
Garage
1 Car
Property Type:
Triplex
Status
Back Up Offer
MLS#
SB23078866
City
Hermosa Beach
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,225
  • Total Rent: $2,225
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $144,000
  • Net Operating Income: $137,030
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,970
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $971
  • Water/Sewer: $4,800

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Property Details for 934 Manhattan Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community, Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Coastline, Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 4187008036
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: PCH to Pier Ave to Manhattan Ave
Neighborhood Information
  • Community Features: Sidewalks, Suburban
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Sale History for 934 Manhattan Ave

Last sold for $140,000 on September 27th, 2000
  • September, 2024

  • Sep 18, 2024

    Date

    Back Up Offer

    CRMLS: SB23078866

    $2,295,000

    Price

  • May 9, 2023

    Date

    Active

    CRMLS: SB23078866

    $3,249,000

    Price

  • September, 2000

  • Sep 27, 2000

    Date

    Sold (Public Records)

    Public Records

    $140,000

    Price

  • January, 1996

  • Jan 9, 1996

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

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Tax History for 934 Manhattan Ave

Assessed Value (2020): $683,801
Year Land Value Improved Value Assessed Value
2020 $455,699 $228,102 $683,801

Home Value Compared to the Market

This property vs the competition

934 Manhattan Ave is listed 4.34% lower than the median list price for the city of Hermosa Beach which has a median list price of $2,399,000. The median price per/sqft for Hermosa Beach is $1,371 and this home is listed at $1348.41 per/sqft which puts the price per square foot 1.65% lower than the median price per square foot for the city of Hermosa Beach.

About 934 Manhattan Ave

Detailed summary of property

934 Manhattan Ave is a triplex located in Hermosa Beach, CA 90254 and is currently in escrow to be sold. This triplex offers 4 bedrooms, 3 bathrooms, roughly 1,702 living square feet, and sits on an approximately 2,510 square foot lot. 934 Manhattan Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $2,295,000 and was originally asking $3,249,000. The median priced home in Hermosa Beach is $2,399,000 with a median price per square foot of $1,371. Based on Ardent Real Estate Group's Hermosa Beach Market Data, this home is listed 4.34% lower than the median priced home. Local competing homes currently for sale include 1152 W 88th St, 645 W 97th St and 12021 Washington Pl. While the average home in Hermosa Beach, CA is selling in 98 days, 934 Manhattan Ave has a days on market of 498 days. There are currently 59 homes for sale in the Hermosa Beach real estate market and 41 of them are single family homes while 10 of them are condos and 8 are townhomes. For more information on this home for sale at 934 Manhattan Ave Hermosa Beach, CA 90254 contact Ardent Real Estate Group and we will put you in touch with one of our Hermosa Beach agents.

Public Facts for 934 Manhattan Ave

Public county record property details
Beds
3
Baths
2
Year built
1910
Sq. Ft.
1,702
Lot Size
2,509
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
4187-008-036

The source for these homes facts are from public records.

90254 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$1,371
Median Sold Price
$2,510,000
Median Sold Price/Sq.Ft.
$1,290
Total Inventory
59
Median Sale to List Price %
100.44%
Avg Days on Market
33
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (40%), Other (40%)

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Related Resources to 934 Manhattan Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.