Courtesy of: Brett Lyon | Lyon Stahl Investment Real Estate, Inc.
Purchase Type: Sale
MLS ID: SB21091718
Days On Market: 14
Year Build: 1935
Lot size: 0.036
Property Type: Residential Income
New Construction: No
Heating: Central, Wall Furnace, Natural Gas
Fireplaces Features: None
Swimming Pool: No
Address: 315 Manhattan Avenue
County: Los Angeles
City: Hermosa Beach
Neighborhood: 148 - Hermosa Bch Sand
Pool Features: None
315 Manhattan Ave in Hermosa Beach is a pride-of-ownership duplex located in the desirable sand section just two blocks from The Strand. The 1,728 SF building is situated on a 1,530 SF lot and has been completely remodeled with top-of-the-line upgrades. This property features a unit mix of (1) 2-bed/1-bath unit and (1) large studio unit, currently bringing in a combined $5,600 a month in GSI.
The entire property has undergone the following renovations: in-unit/patio area washer & dryers, hardwood flooring throughout, new SS kitchen appliances, new doors, new roof, remodeled garage, completely renovated bathrooms with new sinks, tubs, toilets, tankless hot water heaters, new electrical, gas, plumbing, interior lighting, and high-speed internet throughout the units.
This turn-key asset is in one of Los Angeles’ strongest rental markets and is a perfect opportunity for both owner-users and investors