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Renovated 5-Unit Apartment Building
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825 Manhattan Ave, Hermosa Beach, CA 90254

Five-unit property with upgraded interiors, in-unit laundry, and a varied apartment mix near Hermosa Beach’s beach and downtown areas.

Property Size2,925 SF
Price / SF$1,333
Days on Market216

Property Features for 825 Manhattan Ave

General Information

Standard status Active
Size 2,925 SF
Total Parking Spaces 2
Property subtype Multifamily
Zoning HBR3YY
Occupancy 80%
Investment Type Stabilized
Net Operating Income $144,621

Building Details

Year Built 1949
Year Renovated 2023
Buildings 2
Stories 2
Units 5
Listing Agency: Realty Investment Advisors
Listed By: Benjamin Hsiang · License #CA 01438644
Source: Crexi
Added: Jan 29 Changed: Aug 30 Last Checked: Aug 30 at 7:30PM

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 Realty Investment Advisors

Investment Insights

Based on property information with market context.

This 2,925-square-foot apartment building contains five units: three one-bedroom apartments, one two-bedroom apartment, and one studio. Renovations include new dual-pane windows, entry doors, recessed lighting, luxury vinyl plank flooring, interior paint, kitchen cabinetry, quartz countertops, stainless steel appliances, bathroom vanities, mirrors, bathtubs, and designer tile. Each unit has an in-unit washer and dryer.

Capital improvements include a new electrical main panel with individual subpanels, new plumbing for each unit, exterior fencing, upgraded balcony deck tile, and insulated steel-back garage doors with automatic openers. Built in 1949, the property is zoned HBR3YY and located at 825 Manhattan Ave in Hermosa Beach. The beach and downtown area, including restaurants, shops, and bars, are nearby. One one-bedroom unit may be delivered vacant, supporting an owner-user arrangement or immediate leasing.

Key Highlights

  • Five apartments with a mix of three one‑bedroom units, one two‑bedroom unit, and one studio
  • 2,925‑square‑foot building at 825 Manhattan Ave, Hermosa Beach, CA 90254
  • In‑unit washer/dryers installed in all five units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,667
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property with upgraded interiors, in-unit laundry, and a varied apartment mix near Hermosa Beach’s beach and downtown areas.
Where is this apartment building located?
The property is located at 825 Manhattan Ave Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Five apartments with a mix of three one‑bedroom units, one two‑bedroom unit, and one studio; 2,925‑square‑foot building at 825 Manhattan Ave, Hermosa Beach, CA 90254; In‑unit washer/dryers installed in all five units
(424) 377-6001 Call to check price and availability
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