712 Manhattan Avenue, Hermosa Beach, CA 90254

Hermosa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
712 Manhattan Avenue,Hermosa Beach, CA 90254
$3,995,000
  • - Beds
  • - Baths
  • 4,460 sq. ft.
  • Multi-family
  • Active
Listed by: ryan bunke
Office: domo real estate
MLS#:SB26048379
Source:CRMLS

Price summary

  • Price:$3,995,000
  • Price per sq. ft.:$895.74

About this home

Welcome to the "Seahorse Apartments," located at 712 Manhattan Avenue - a rare value-add multifamily opportunity in one of the most desirable locations in Hermosa Beach, just moments from the ocean and Hermosa Beach Pier and the beach lifestyle that define the South Bay. The property consists of 12 units: six one-bedroom units and six studios, offering a strong mix in an unbeatable coastal setting. Current rents are estimated at roughly 50% of market, creating substantial upside for an investor looking to renovate and reposition the property over time. Opportunities of this scale in Hermosa Beach are extremely limited: only 4 other properties with more than 10 units have sold on the market in the past decade. At well under $350,000 per unit and situated only two blocks from the Hermosa Pier, 712 Manhattan Avenue represents an unparalleled chance to acquire a larger multifamily asset in a premier beach community with clear value-add potential and long-term investment appeal.

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Home facts

  • Year built:1936
  • Listing ID #:SB26048379
  • Added:1 day(s) ago
  • Updated:March 07, 2026 at 04:29 AM

Rooms and interior

  • Living area:4,460 sq. ft.

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1936
  • Building area:4,460 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Rectangular Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,995,000
  • Price per sq. ft.:$895.74
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