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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Ratings & Info

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T15:33:29.307. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
www.debonishomes.com/homes/119776913
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525 Manhattan Avenue Hermosa Beach, CA 90254

  • Price: $3,249,000
  • Status: Active
  • Updated: 37 min ago
  • ID#: 320007059
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1963
Built
Neighborhood:
Not Applicable-105
County:
Los Angeles
Area:
148 - Hermosa Bch Sand
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.
Exterior Features

Carport Spaces 0 Number Of Separate Electric Meters 4 Parking Total 0 Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Cap Rate 0 Disclosures Trust/Conservatorship Fuel Expense 0 Garage YN No Gross Scheduled Income 0 Insurance Expense 0 Land Lease Amount 0 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 0 Net Operating Income 0 New Taxes Expense 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 0 Other Expense 0 Special Listing Conditions Trust Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Zoning Hbr3yy

Listing provided courtesy of Robert Schad of Keller Williams R. E. Services


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T15:33:29.307. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
 
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The DeBonis Team | Realty Masters & Associates
19040 Van Buren Boulevard #107
Riverside CA, 92508