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247 Manhattan Ave, Hermosa Beach, CA 90254
- The property is located just steps away from the beachfront allowing tenants walkable beach access to Hermosa Beach and the Pier.
- Convenience to the Pacific Coast Highway and the 405 makes getting around from Hermosa Beach simple
- Spanning just 1.4 square miles, the small-town community host regular events, festivals, concerts, and the annual Fiesta Hermosa Street Fair.
- Residents can also enjoy local retailers, coffee shops, and restaurants all along Hermosa Avenue.
- 247 Manhattan Ave has 3 shopping centers within 0.7 miles, which is about a 13-minute walk.
- Many of the city’s restaurants and cafes are situated near the intersection of Pier Avenue and Hermosa.
Key Property Information
Listing Status
Unavailable
Listing Type
Highest & best offer
Multifamily type
2-4 Units
No. of Units
2
Cap Rate
2.34%
GRM / GIM
28.2
Year Built
1933
Building Size
2,080 Sq ft
Opportunity Zone
Off
Price per unit
$ 1,125,000