712 Manhattan Avenue, Hermosa Beach, CA 90254
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
712 Manhattan Avenue,Hermosa Beach, CA 90254
$3,749,000
- - Beds
- - Baths
- 4,460 sq. ft.
- Multi-family
- Pending
Listed by: ryan bunke
Office: domo real estate310-818-7403
MLS#:SB26048379
Source:CRMLS
Price summary
- Price:$3,749,000
- Price per sq. ft.:$840.58
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:104 day(s) ago
- Updated:June 19, 2026 at 07:41 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:$3,749,000
- Price per sq. ft.:$840.58
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