Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB26048379
MLS Source
California Regional MLS
Days on Site
4
Interior Features
Laundry
None
Heating
Floor Furnace
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
712 Manhattan Ave is a Residential Income in Hermosa Beach, CA 90254. This – square foot property sits on a 5,017 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,995,000 and was built in 1936. This address can also be written as 712 Manhattan Ave, Hermosa Beach, CA 90254.
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This listing information is up-to-date as of March 06, 2026. For the most current information, please contact Ryan Bunke, (310) 386-1723
