Hermosa Bch Valley (149) Homes with Apartment Subtype

Welcome to Hermosa Beach Valley, a hidden gem nestled along the picturesque coastline of California's Los Angeles County. This charming community is renowned for its vibrant beach culture, stunning ocean views, and a warm, welcoming atmosphere that makes it a perfect place to call home.

Hermosa Beach Valley is characterized by its laid-back vibe, where the sound of the waves and the salty breeze create a serene backdrop to everyday life. Residents enjoy easy access to the sun-kissed sands of Hermosa Beach, where outdoor activities such as surfing, beach volleyball, and leisurely strolls along the Strand are part of the daily routine. The area is also rich in dining and entertainment options, with a variety of local eateries, cafes, and boutique shops that capture the essence of coastal living.

When it comes to real estate, Hermosa Beach Valley offers a unique selection of homes with apartment subtypes, catering to a diverse range of lifestyles. Whether you're looking for a cozy beachside bungalow or a modern multi-family unit, there’s something for everyone in this vibrant neighborhood. Many of these homes are designed to maximize ocean views and provide ample space for relaxation and entertainment, making them ideal for families, professionals, and investors alike.

With its beautiful landscapes, friendly community, and proximity to the bustling city of Los Angeles, Hermosa Beach Valley is more than just a place to live—it's a lifestyle. Discover your dream home in this coastal paradise, where every day feels like a vacation.

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.