712 Manhattan Avenue, Hermosa Beach, CA 90254
Property
Sold August 2026
Listing Agent: Ryan Bunke (DRE #02083042) · Listing Office: DOMO Real Estate · Contact: 310-386-1723 · Bought with: Noam Srolovitz · Kape Property Management, Inc. · MLS #SB26048379 · Source: CRMLS
How this sale compares
712 Manhattan Avenue sold for $3,250,000 in August 2026, 13% under its $3,749,000 list price, after 34 days on the market. It was first listed at $3,995,000. Across 123 closed sales in 90254 over the last 12 months, the median sold price is $2,565,000 and the median is $1,240 per square foot.
| Quarter | Closed sales in 90254 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $2,812,500 |
| Q2 2026 | 46 | $2,772,500 |
| Q3 2026 | 59 | $2,300,000 |
| Q4 2026 | 14 | $2,257,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Hermosa Beach · Homes for sale in 90254
Description
Welcome to the "Seahorse Apartments," located at 712 Manhattan Avenue - a rare value-add multifamily opportunity in one of the most desirable locations in Hermosa Beach, just moments from the ocean and Hermosa Beach Pier and the beach lifestyle that define the South Bay. The property consists of 12 units: six one-bedroom units and six studios, offering a strong mix in an unbeatable coastal setting. Current rents are estimated at roughly 50% of market, creating substantial upside for an investor looking to renovate and reposition the property over time. Opportunities of this scale in Hermosa Beach are extremely limited: only 4 other properties with more than 10 units have sold on the market in the past decade. At well under $350,000 per unit and situated only two blocks from the Hermosa Pier, 712 Manhattan Avenue represents an unparalleled chance to acquire a larger multifamily asset in a premier beach community with clear value-add potential and long-term investment appeal.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 712 Manhattan Avenue
718 Hermosa Avenue: Sold $2,060,000 · 4 bd · 3 ba · 1,973 sqft · Jul 2026 · 0.1 mi
DOMO Real Estate | DRE #02083042
Buyer's agent: Carol Fisher, Berkshire Hathaway HomeServices California Properties | DRE #01205022718 Hermosa Avenue: Sold $2,060,000 · Jul 2026 · 0.1 mi
DOMO Real Estate | DRE #02083042
Buyer's agent: Carol Fisher, Berkshire Hathaway HomeServices California Properties | DRE #01205022316 8th: Sold $4,300,000 · 4 bd · 5 ba · 3,456 sqft · Aug 2026 · 0.1 mi
eXp Realty of California Inc | DRE #01313739
Buyer's agent: Brett Zebrowski, eXp Realty of California Inc | DRE #01313739632 Loma: Sold $2,300,000 · 3 bd · 2 ba · 1,347 sqft · Sep 2026 · 0.1 mi
Vista Sotheby’s International Realty | DRE #01998069
Buyer's agent: Danielle Mortensen, eXp Realty of California Inc | DRE #02127344331 Manhattan Avenue: Sold $1,899,000 · 3 bd · 3 ba · 1,558 sqft · Oct 2026 · 0.2 mi
Las Lomas Realty, Inc. | DRE #01305717
Buyer's agent: Richard Greta, Offices of Richard Greta | DRE #012094341105 Manhattan: Sold $3,800,000 · 4 bd · 4 ba · 2,530 sqft · Aug 2026 · 0.2 mi
Estate Properties | DRE #01246340
Buyer's agent: Devra Zandell, Estate Properties | DRE #01418217800 Bard: Sold $2,695,000 · 4 bd · 4 ba · 2,696 sqft · Jul 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01398615
Buyer's agent: Claire Gillespie, Vista Sotheby’s International Realty | DRE #014742501120 Palm Drive: Sold $4,700,000 · 4 bd · 5 ba · 2,776 sqft · Oct 2026 · 0.2 mi
Pacifica Properties Group, Inc. | DRE #01350148
Buyer's agent: Anna Hartley, Pacifica Properties Group, Inc. | DRE #02036392
Closed sales reported in 90254, nearest first, last 12 months. All recent sales in Hermosa Beach →