See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

701 Manhattan Ave, Hermosa Beach, CA, 90254

3beds
4baths
1,981sqft
$2,650,000
$1,338price/sqft
$16,613/moest. monthly cost
$664,520/yrincome needed

About This Home

Fantastic updated triplex in the heart of Hermosa Beach two blocks from the ocean. The front unit features 2 bedrooms and 1 1/2 baths and is beautifully remodeled while still retaining the character and charm of a classic beach bungalow. The welcoming front porch leads into an open layout featuring a light-filled spacious kitchen, dining nook and cozy living room with wood floors throughout. French doors across the back of the kitchen provide abundant natural light and access to a private deck. The two bedrooms are situated on each side of the full bathroom while an alcove off the kitchen provides additional storage space and exterior access. Two additional units are in the detached rear building- a 1 bedroom, 1 bath apartment and a studio, both with recent improvements. Three parking spaces in total. The property sits on a full lot, making it an incredible investment opportunity for future development.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

10/10
Hermosa Vista SchoolGrades 2-41.0 mi

Construction

Condition

  • Year built: 1939

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Common Area

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Beamed Ceilings,Built-in Features,Ceiling Fan(s),Bedroom on Main Level
  • Flooring: Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,981
  • Total interior livable area: 1,981 sqft

Property

Details

  • Parcel number: 4187021020
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 2,994 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 3
  • Parking features: Garage,Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Uncovered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,399$160,788
Home Insurance *$337$4,044
Property Taxes $2,453$29,436
Electricity $424$5,097
Total$16,613$199,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$569,588/yr
40% on housing$498,390/yr
45% on housing$443,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,338This listing

vs Other Active Listings

Avg $/sqft

ZIP 90254$1,001
Los Angeles County$601

vs Homes Sold Last Month

Median $/sqft

ZIP 90254$1,308
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$2,650,000
1996-05-29Sold$414,000

For Sale by Agent

AgentJennifer Caskey
BrokerageCompass

Similar Homes