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Five-Unit Coastal Apartment Building
New
For Sale
$2,999,000

2901 Manhattan Ave, Hermosa Beach, CA 90254

A three-bedroom residence will be delivered vacant, alongside four existing rental units.

Property Size3,342 SF
Price / SF$897.37
Days on Market4

Property Features for 2901 Manhattan Ave

General Information

Standard status Active
Size 3,342 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 5

Building Details

Year Built 1937
Listed By: Accardo Real Estate Associates - AREA
Source: Naylorproperties
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 6:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Accardo Real Estate Associates - AREA

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Investment Insights

Based on property information with market context.

This five-unit apartment property was built in 1937 and contains 3,342 square feet. Its unit mix includes a three-bedroom, two-bathroom residence that will be vacant at closing, as well as four other rental units.

The property is at 2901 Manhattan Avenue in Hermosa Beach, two blocks from the beach. Downtown Hermosa Beach and the Strand’s walking, running, and cycling paths are nearby; downtown Manhattan Beach is also a short distance away, with dining, shops, and a pier.

Key Highlights

  • Five‑unit apartment property with 3,342 square feet
  • Built in 1937
  • Three‑bedroom, two‑bathroom residence delivered vacant at closing

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,740
Businesses Nearby

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A three-bedroom residence will be delivered vacant, alongside four existing rental units.
Where is this apartment building located?
The property is located at 2901 Manhattan Ave Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Five‑unit apartment property with 3,342 square feet; Built in 1937; Three‑bedroom, two‑bathroom residence delivered vacant at closing
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