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Off market
  • $3,470,400

    525 Manhattan Ave, Hermosa Beach, CA 90254

    9beds
    4,332sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $3,470,400 Zestimate®
    $801/sqft
    $5,011 Estimated rent

    Home value

    $3,470,400

    $3.05M - $3.96M

    $5,011/mo

    Zestimate® history
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    $5,011/mo

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    $22,444/mo

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    $22,444/mo

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    What's special

    Great location just 2 blocks from the Pacific Ocean on 40 x 100 Manhattan to Palm lot. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1972 and held it in their portfolio ever since. The Property consists of four (4) large units. One unit is (3) bedrooms, there are three two (2) Bedroom units and an additional Studio not showing on the Tax Assessor Information. The property with the 525 Manhattan address is believed to be built in 1963 and the property with the 526 & 526 1/2 Palm address is believed to be built in 1940. Landlord / Owner paying ALL utilities on Palm Addresses. Tenants paying Electric on Manhattan Addresses and Landlord / Owner paying water & trash.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    • Full bathrooms: 8
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,332 sqft

    Property

    Lot
    • Size: 4,007 sqft
    Details
    • Parcel number: 4188011015

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Community & neighborhood

    Location
    • Region: Hermosa Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $283 monthly

    Other

    Other facts
    • Agreement Type: Excl Rt Sell/Lease
    • Property Subtype 1: Residential Income
    • Service Level: Full Service
    • State: CA
    • Transaction Type: Sale
    • Lot Size Source: (Public Records)
    • Showing Access: Accepted Offer
    • Stories/Levels: Multi Levels, Split Level
    • Square Footage Source: Public Records
    • Street Suffix: Avenue
    • Flooring: Other
    • Disclosures: Trust/Conservator
    • Possession: Tenants Rights
    • Special Conditions: Trust
    • Tax ID: 4188011015
    • Subdiv/Trac Code: Not Applicable-148

    Price history

    DateEventPrice
    10/20/2021Sold$3,000,000-7.7%$693/sqft
    Source: Glendale AOR ZDD #320007059 Report a problem
    9/24/2021Pending sale$3,249,000$750/sqft
    Source: Glendale AOR ZDD #320007059 Report a problem
    9/2/2021Price change$3,249,0000%$750/sqft
    Source: Glendale AOR ZDD #320007059 Report a problem
    9/2/2021Price change$3,249,900-6.2%$750/sqft
    Source: CRMLS #320007059 Report a problem
    7/28/2021Listed for sale$3,464,900$800/sqft
    Source: Glendale AOR ZDD #320007059 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,356 +3.2%$3,183,623 +2%
    2024$34,264 +2.1%$3,121,200 +2%
    2023$33,561 +1.8%$3,060,000 +2%
    2022$32,960 +725.1%$3,000,000 +1054.9%
    2021$3,995 +0.5%$259,770 +1%
    2020$3,974 $257,107 +2%
    2019$3,974 +6%$252,066 +2%
    2018$3,747 $247,124 +2%
    2017$3,747 +0.8%$242,280 +2%
    2016$3,718 +5.6%$237,530 +1.5%
    2015$3,520 +11.3%$233,964 +2%
    2014$3,163 $229,382 +4.5%
    2011-- $219,480 +0.5%
    2009-- $218,359 +2%
    2008-- $214,079 +4%
    2005-- $205,768 +4%
    2004-- $197,779 +3.9%
    2002-- $190,349 +4%
    2000-- $182,959

    Find assessor info on the county website

    Neighborhood: 90254

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,470,400
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    Estimated market value
    $3,470,400