908 Manhattan Avenue, Hermosa Beach, CA 90254

Local realty services provided by:ERA North Orange County Real Estate
908 Manhattan Avenue,Hermosa Beach, CA 90254
$3,995,000
  • - Beds
  • - Baths
  • 2,534 sq. ft.
  • Multi-family
  • Active
Listed by:darin derenzis
Office:vista sothebys international realty
MLS#:SB25089694
Source:CRMLS

Price summary

  • Price:$3,995,000
  • Price per sq. ft.:$1,576.56

About this home

Turnkey 5-unit beachside investment opportunity just 2 blocks from the sand and 2 blocks to Hermosa’s iconic Pier Avenue. Fully renovated in 2025 with new roofs, plumbing, electrical, windows, doors, interiors, and appliances. The property features five 1-bed/1-bath units across two buildings, with parking for up to 7 cars. Four units are leased at pro forma rents ranging from $3,550 to $3,950, and one unit is vacant for easy showing. Great cash flow of $18,950/month (when 5th unit is leased) with low operating expenses. Projected 4.34% CAP rate in a high-demand rental market. A+ location, A+ condition, A+ tenants: ideal for investors seeking immediate cash-flow with no heavy lifting and long-term coastal appreciation.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1941
  • Listing ID #:SB25089694
  • Added:137 day(s) ago
  • Updated:September 03, 2025 at 01:14 PM

Rooms and interior

  • Living area:2,534 sq. ft.

Heating and cooling

  • Heating:Electric, Wall Furnace

Structure and exterior

  • Year built:1941
  • Building area:2,534 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,995,000
  • Price per sq. ft.:$1,576.56
Based on information from California Regional Multiple Listing Service, Inc. as of September 10, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 908 Manhattan Avenue