908 Manhattan Avenue, Hermosa Beach, CA 90254

Turnkey 5-unit beachside investment opportunity just 2 blocks from the sand and 2 blocks to Hermosa’s iconic Pier Avenue. Fully renovated in 2025 with new roofs, plumbing, electrical, windows, doors, interiors, and appliances. The property features five 1-bed/1-bath units across two buildings, with parking for up to 7 cars. Four units are leased at pro forma rents ranging from $3,550 to $3,950, and one unit is vacant for easy showing. Great cash flow of $18,950/month (when 5th unit is leased) with low operating expenses. Projected 4.34% CAP rate in a high-demand rental market. A+ location, A+ condition, A+ tenants: ideal for investors seeking immediate cash-flow with no heavy lifting and long-term coastal appreciation.