$2,699,000 Est. $9,938 / mo.*

1720 Manhattan Hermosa Beach , CA 90254

Description

3 Beds
2 Baths
1,218 Sqft
2,158 Sqft lot
0.05 Acre lot
Status: Pending
Property Type: Townhome
Year Built: 1922
Days on Website: 12
Prime Hermosa Beach sand location! Situated on a full Sand Section lot measuring approximately 30 x 73, this exceptional Hermosa Beach property offers one of the most compelling value propositions currently on the market. The site presents the opportunity to develop a brand-new custom single-family residence with an ADU, with resale potential approaching $7M in todays coastal luxury market. In the meantime, enjoy immediate usability and income. This location is walking distance to the restaurants and shops of Upper and Lower Pier Avenue. Some of the best fine dining in all of Los Angeles is walking distance from the house. The existing remodeled duplex generates approximately $8,000 per month and has been thoughtfully upgraded with new plumbing, updated kitchens and bathrooms, new flooring, and all-new electrical systemsmaking it fully livable as a primary residence, second home, or income-producing beach retreat. Additional highlights include a two-car garage, private yard space, and an unbeatable walk-to-everything lifestyle: stroll to downtown Hermosa Beach, the sand, the surf, the pier, and award-winning local schools. Whether you choose to live comfortably now and design your dream coastal estate later, or hold as a premium rental in one of Southern Californias most coveted neighborhoods, this property is priced at lot value while offering immediate functionality and cash flowa rare combination in the Sand Section. Build later. Enjoy now. Invest wisely.

Open House

Property Details and Features

Contact an Agent

Gail Donahue

619 341-4427