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Updated Triplex

701 Manhattan Avenue, Hermosa Beach, CA 90254

For Sale
$2,650,000
Pending

Updated triplex with a remodeled front unit, detached rear building, and three total parking spaces.

Property Size1,981 SF
Days on Market126

Property Features for 701 Manhattan Avenue

General Information

Standard status Pending
Size 1,981 SF
Total Parking Spaces 3
Property subtype Triplex

Building Details

Building Size 1,981 SF
Year Built 1939
Buildings 2
Tenancy Multi
Listing Agency: Compass
Listed By: Jennifer Caskey · License CA #01075946
Source: Truthrealty
Added: Jul 9 Changed: Nov 7 Last Checked: Nov 10 at 5:37PM

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 Compass

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Investment Insights

Based on property information with market context.

This updated triplex features a remodeled front unit and two additional units in a detached rear building. The front home offers two bedrooms and 1.5 baths, with an open, light-filled layout that includes a kitchen, dining nook, and cozy living room with wood floors. French doors off the back of the kitchen open to a private deck, and the home includes a full bathroom with the two bedrooms placed on either side, plus an alcove off the kitchen for extra storage and exterior access.

Two additional units are located in the detached rear building: a one-bedroom, one-bath apartment and a studio, each with recent improvements. The property provides three parking spaces total and sits on a full lot. Built in 1939, it is positioned in Hermosa Beach, about two blocks from the ocean, near Manhattan Avenue.

For buyers seeking a small multifamily setup, the three-unit configuration combines remodeled interiors in the front with recent upgrades in the rear, supported by a full-lot footprint.

Key Highlights

  • Remodeled front unit with 2 bedrooms and 1.5 baths
  • Private deck accessed from French doors off the back of the kitchen
  • Detached rear building with a 1‑bedroom, 1‑bath apartment and a studio

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,714
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

Average Price Trend$/SF for Triplexes in Los Angeles County, CA

$496 Jul
$537 Aug
$546 Sep
$540 Oct

Properties on Market for Triplexes in Los Angeles County

Jul
Aug
Sep
Oct

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?
Triplex - Updated triplex with a remodeled front unit, detached rear building, and three total parking spaces.
Where is this triplex located?
The property is located at 701 Manhattan Avenue Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Remodeled front unit with 2 bedrooms and 1.5 baths; Private deck accessed from French doors off the back of the kitchen; Detached rear building with a 1‑bedroom, 1‑bath apartment and a studio
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