1820 Manhattan Avenue
Hermosa Beach, CA 90254
MLS #PW17057688

Income
  • 2units
  • 1,100sq ft
Pending Sale $2,300,000
Est. P&I payment: $8784.44/mo
1820 Manhattan Avenue, Hermosa Beach, CA 90254
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Description for 1820 Manhattan Avenue, Hermosa Beach, CA 90254
GO FOR EQUITY ON DAY ONE WHEN YOU BUILD ON THIS PERFECT SPOT...THESE LISTING PHOTOS WERE TAKEN BY A HUMAN BEING-NOT A DRONE-SO THEY ARE A REALISTIC PORTRAYAL OF THE WONDERFUL PANORAMIC VIEWS YOU WILL ENJOY WHEN YOU BUILD YOUR DREAM HOME...AND THE VIEWS WILL NOT INCLUDE ANY TELEPHONE WIRES-THIS ONE OF THE FEW BLOCKS IN HERMOSA WITHOUT THEM...AND VIEWS WILL BE FROM INTERIOR LIVING SPACES, NOT JUST A ROOFTOP DECK OR A BALCONY FROM WHICH YOU HAVE TO CRANE YOUR NECK TO SEE BLUE AT ALL. THIS HBR2 PROPERTY AS IT NOW STANDS IS AN UP AND DOWN DUPLEX AND A DETACHED 2 CAR GARAGE WITH A PRIVATE YARD IN BETWEEN THAT IS THE PERFECT EXTENSION OF THE LIVING SPACE...BUT WHAT AN OPPORTUNITY TO BUILD. CHECK OUT PRICES OF SFRs OVER 3,600 SQ. FT. ON THE MARKET NOW-THEY AVERAGE $4.9M. JUST 2 BLOCKS FROM THE BEACH, IN CLOSE PROXIMITY & WALKING DISTANCE TO SAND, HERMOSA PIER, SHOPPING, RESTAURANTS AND AWARD WINNING SCHOOLS. DROP ON BY!!! PLEASE DO NOT TRESPASS, DO NOT DISTURB TENANTS. GREAT TENANTS-WHO WANT TO STAY...YOU WILL ENJOY INCOME WHILE PLANNING YOUR BEACH GETAWAY. BUYING HERE HAS BEEN A SMART DECISION FOR OUR FAMILY-IT WILL BE FOR YOURS TOO.
MLS #PW17057688
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My Notes for MLS #PW17057688

General Features

  • Number Of Buildings: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Year Built: 1921
  • Zoning: HBR2*
  • Elevation Units: Feet
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Exterior Features

  • Roof: Composition
  • Stories Total: 2
  • Uncovered Spaces: 2
  • Waterfront Features: Ocean Side Of Highway 1
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size SqFt: 2,343
  • Lot Size Units: Square Feet
  • View YN: 1
  • View: Ocean,​Panoramic
  • Garage Spaces: 2
  • Parking Total: 4
  • Pool Features: None
  • Common Walls: No Common Walls

Interior Features

  • Flooring: Tile,​Vinyl,​Wood
  • Levels: Two
  • Room Type: See Remarks
  • Fireplace Features: None
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Utilities: Cable Available,​Phone Available,​Sewer Connected,​Water Connected
  • Water Source: Public
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Appliances YN: 1
  • Appliances: Garbage Disposal,​Gas Range,​Gas Water Heater,​Refrigerator,​Water Heater Unit
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Financial Features

  • Gross Scheduled Income: 43,350
  • Insurance Expense: 676
  • Maintenance Expense: 1,150
  • Net Operating Income: 38,267
  • Operating Expense: 5,082.65
  • Price Per SqFt: 2,090.91
  • Professional Management Expense: 2,536.6
  • Total Expenses: 5,083
  • Trash Expense: 170
  • Water Sewer Expense: 550
  • Tax Lot: 18
  • Gross Income: 43,350
  • Tenant Pays: Cable TV,​Electricity,​Gas
  • Total Actual Rent: 3,700

Community Features

  • Community Features: Curbs,​Sidewalks,​Street Lighting

Miscellaneous Features

  • Building Area Total: 1,100
  • Building Area Units: Square Feet
  • Days On Market: 257
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 257
  • Tax Census Tract: 6,210.04
  • Tax Tract Number: 113

Location

 
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Directions to 1820 Manhattan Avenue, Hermosa Beach, CA 90254
Between 18h and 19th, off Hermosa Blvd. go east one block West of PCH
Listing information for 1820 Manhattan Avenue, Hermosa Beach, CA 90254 was graciously provided by our friends at the listing brokerage, Freedom First Properties and by listing agent Leachman Karen Jo DRE# 01775662

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P&I Payment $8784.44
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/21/2018 at 6:34pm
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