Live-Work Space with In-Unit
New
For Sale
Contact for pricing
1331 Manhattan Avenue, Hermosa Beach, CA 90254
Hermosa Beach, CA
Property Size950 SF
Lot Size0.07 Acres
Price / SF$4.32
Days on Market2
Property Features for 1331 Manhattan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
HBC2YY
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Living Room, Laundry Room, Bedroom 2, Bathroom 1, Bedroom 1
Lot features
Level with Street
View
Ocean
Elementary school district
Hermosa
Middle school district
Hermosa
High school district
Hermosa
Directions
Manhattan Ave. and 14th Street
Subdivision
148 - Hermosa Bch Sand
Standard status
Active
APN
4183013080
Size
950 SF
Lot size
0.07 Acres
Additional Details
Property Use
Live/Work
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
French oak floors
LED recessed lighting
Ceasarstone counters
Cleaf Metro cabinets
stainless steel appliances
Kohler fixtures
porcelain and glass tiles
York HVAC
Noritz tankless water heater
Milgard windows
pre-wired with CAT-6
cable/satellite ready
laundry inside unit
Building Details
Year built
1926
Floors in Building
1
Number of units
3
Listing Agency:
E Real Estate Corp.
(310) 372-1150
Listed By:
Dean Thomas · License #00711417
(310) 874-1010
Added: Nov 3
Last Checked: Nov 4 at 4:06AM
MLS# SB26236513
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 950-square-foot live-work unit has two bedrooms and one bathroom, with laundry located inside the residence. Interior finishes include French oak flooring, Caesarstone counters, Cleaf Metro cabinetry, stainless steel appliances, and porcelain and glass tile. Building systems and features include York HVAC, a Noritz tankless water heater, Milgard windows, CAT-6 prewiring, and cable/satellite readiness.
At 1331 Manhattan Avenue in downtown Hermosa Beach, the property is zoned HBC2YY. The building dates to 1926, and the unit has central air conditioning.
At 1331 Manhattan Avenue in downtown Hermosa Beach, the property is zoned HBC2YY. The building dates to 1926, and the unit has central air conditioning.
Key Highlights
- 950‑square‑foot live‑work unit with two bedrooms and one bathroom
- In‑unit laundry and central air conditioning
- French oak floors, Caesarstone counters, and Cleaf Metro cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,238
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,760
$384.8K
Cap Rate 7%
$274,829
$274.8K
Cap Rate 9%
$213,756
$213.8K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$34.2K $36.00/SF
− Vacancy
−$3.4K −$3.60/SF
EGI
$30.8K $32.40/SF
− OpEx
−$11.5K −$12.15/SF
NOI
$19.2K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,760
Cap Rate 7%
$274,829
Cap Rate 9%
$213,756
Alternative Uses
Best Use
Office B
$296.7K
$259.6K – $346.1K
NOI $20,766 @ 7.0% cap · market cap 506.49%
Second Best
Mixed Use
$274.8K
$240.5K – $320.6K
NOI $19,238 @ 7.0% cap · market cap 469.22%
Theoretical Best
Office A
$508.6K
$445.1K – $593.4K
NOI $35,604 @ 7.0% cap · market cap 868.39%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,541
Businesses Nearby
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Business Placement
Demographics for 90254, CA
19,736
Population
10,454
Households
1.9
Avg Household Size
40
Median Age
77%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
14,097
Density / Sq Mi
$152,019
Median Household Income
$104,385
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - Central air, two bedrooms, and an internal laundry area support everyday residential use.
Where is this live-work space located?
The property is located at 1331 Manhattan Avenue Hermosa Beach, CA.
What are key features of this property?
This property features: 950‑square‑foot live‑work unit with two bedrooms and one bathroom; In‑unit laundry and central air conditioning; French oak floors, Caesarstone counters, and Cleaf Metro cabinets
