Hermosa Bch Valley (149) Homes with Apartment Subtype

Nestled along the stunning coastline of California, Hermosa Beach Valley is a vibrant community that perfectly captures the essence of beachside living. Located in Los Angeles County, this charming area is renowned for its picturesque ocean views, sandy shores, and a laid-back atmosphere that attracts both residents and visitors alike. With a mild Mediterranean climate, Hermosa Beach offers year-round sunshine, making it an ideal location for outdoor enthusiasts and beach lovers.

In Hermosa Beach Valley, you’ll find a diverse range of homes that cater to various lifestyles, including those with apartment subtypes. Whether you’re searching for a cozy beachside retreat or a spacious family residence, this area has something for everyone. Many of the homes feature modern amenities, open floor plans, and stunning ocean views, allowing you to enjoy the beauty of coastal living right from your doorstep.

The community is not only defined by its beautiful homes but also by its vibrant local culture. Residents can enjoy a variety of dining options, boutique shopping, and recreational activities, from surfing to biking along the scenic Strand. The Hermosa Beach Pier is a popular gathering spot, where you can soak in the sun, take leisurely strolls, or watch the sunset over the Pacific Ocean.

Living in Hermosa Beach Valley means embracing a lifestyle where the ocean is your playground and community is at its heart. With its unique blend of coastal charm and modern conveniences, this area is truly a gem in Los Angeles County, making it an enticing destination for homebuyers seeking a slice of paradise.

Newest Hermosa Bch Valley (149) Homes with Apartment Subtype

$4,400,000

SB26163830 MLS ⋅ Active Status

1500 Manhattan Avenue presents a rare opportunity to acquire a six-unit multifamily property in the heart of Hermosa Beach's highly sought-after Sand Section, just moments from the beach, The Strand, and the vibrant dining, shopping, and entertainment along Pier Avenue. Situated on a 4,506 square foot lot, the property consists of six well-designed units, including one (3-Bedroom/2-Bath), two (2-Bedroom/1-Bath), one (1-Bedroom/1-Bath), and two studio units, totaling approximately 4,604 square feet of rentable building area. Offered at a 3.41% Current CAP Rate and 18.45 Current GRM, the property provides investors with stable in-place income and additional upside through the continued turnover of below-market rents. Upon stabilization, the asset offers a projected 4.48% Market CAP Rate and 15.80 Market GRM, providing an attractive opportunity to increase cash flow while owning a premier coastal asset. Additionally, the property is located within the California Coastal Zone, offering the potential for future short-term rental use, subject to buyer verification of all applicable regulations and permitting requirements. The property also features eight on-site parking spaces, including four carport spaces and four tandem spaces, a valuable amenity in this highly walkable beach community. Combined with its desirable unit mix and premier Sand Section location, the property is well-positioned to attract long-term tenants seeking a coastal lifestyle. With immediate access to Hermosa Beach Pier, The Strand, award-winning restaurants, boutique retail, and some of Southern California's most desirable beaches, 1500 Manhattan Avenue represents an exceptional opportunity to acquire a high-quality multifamily investment in one of the region's most supply-constrained and consistently appreciating coastal markets.

1500 Manhattan Ave, Hermosa Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.