$5,500,000
PENDING

2055 Manhattan Ave Hermosa Beach, CA 90254

Estimated payment $30,787/month

Total Views 2,096
4 Beds
3 Baths
2,837 Sq Ft
$1,939 Price per Sq Ft

Highlights

  • Ocean View
  • Guest House
  • End Unit
  • Hermosa Valley Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

* Properties CAN be sold separately* Duplex at 2055 Manhattan Avenue (APN#4182-008-015) built in 1936. Adjacent parcel at 2054 Palm Drive (APN#4182-008-014) built in 1912. *** 2055 Manhattan Avenue - Rare 1930s North Hermosa Beach Compound Timeless, Versatile, and Unmatched. Opportunities like this don't come along often. Nestled in one of North Hermosa Beach's most sought-after locations, just two blocks from the sand, this iconic 1930s-built property blends historic charm with exceptional versatility. Built when craftsmanship mattered, these two properties sold together offer unparalleled potential for multigenerational living, investment income, or a bespoke coastal retreat. At 2055 Manhattan Ave, a brilliantly designed duplex features a three-bedroom plus bonus room upper unit, while the one-bedroom lower unit offers its own distinct charm. Between them, a spacious patio serves as an inviting outdoor haven, perfect for soaking in the ocean air. The floor plan is a masterclass in early 20th-century architecture, thoughtful, timeless, and ahead of its era. Vintage properties of this caliber are incredibly rare, especially with the option to own, combine, or sell separately. Whether you're looking to create a generational estate, maximize rental income, or simply own a piece of Hermosa Beach history, this is a once-in-a-lifetime chance to secure a true coastal treasure. *** 2054 Palm Drive - Timeless, Iconic, and Built to Last. It defies timewhere classic craftsmanship meets enduring charm. Built in the early 1900s, this one-bedroom, one-and-a-half-bath treasure probably was the home of the decade when it first graced the coastline, and today, it really should stand as the contender for beach house of the century. Inside, an airy sitting room leads to the primary suite, offering a retreat that feels both intimate and expansive. Every inch of this home reflects an era when architecture was built to last and design was driven by vision. Whether you're drawn to its history, its character, or its undeniable soul, one thing is certain this is coastal living at its most timeless.

Listing Agent

John Corrales

Vista Sotheby's International Realty License #01263687 Listed on: 05/15/2025

Vista Sotheby's International Realty

Co-Listing Agent

Wayne Seligson

License #02022260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1936

Lot Details

  • 2,202 Sq Ft Lot
  • Lot Dimensions are 40x55
  • End Unit
  • West Facing Home
  • Back Yard
  • Property is zoned HBR1YY

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Bungalow
  • Split Level Home
  • Additions or Alterations
  • Composition Roof
  • Clapboard
  • Stucco

Interior Spaces

  • 2,837 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Bay Window
  • Great Room
  • Wood Flooring
  • Laundry Located Outside

Kitchen

  • Gas Oven
  • Gas and Electric Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Living Room Balcony
  • Open Patio

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4182-008-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,928

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Advertising Remarks: Duplex at 2055 Manhattan Avenue (APN#4182-008-015) built in 1936. Adjacent parcel at 2054 Palm Drive (APN#4182-008-014) built in 1912. *** 2055 Manhattan Avenue - Rare 1930s North Hermosa Beach Compound Timeless, Versatile, and Unmatched. Opportunities like this don't come along often. Nestled in one of North Hermosa Beach's most sought-after locations, just two blocks from the sand, this iconic 1930s-built property blends historic charm with exceptional versatility. Built when craftsmanship mattered, these two properties sold together offer unparalleled potential for multigenerational living, investment income, or a bespoke coastal retreat.
  • Alley: Yes
  • Living Area: 2837
  • Lot Acreage: 0.0506
  • Lot Dimensions: 40x55
  • Property Condition: Additions/Alter
  • Stories: 3
  • Year Built: 1936
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Beamed Ceiling(s)
  • Flooring: Hardwood
  • Appliances: Oven-Gas, Gas/Electric Range
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit, Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 1938.67
  • Windows: Bay Window

Exterior Features

  • Direction Faces: West
  • Construction: Clapboard, Stucco
  • Other Features: Balcony, End Unit
  • Other Structures: GuestHouse
  • Patio: Balcony, Living Room Balcony, Patio Open
  • Paved: Yes
  • Roof: Composition
  • View: Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Heating: Forced Air, Wall
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 52.31
  • Assessed Improvement Value: 218612
  • Assessed Land Percent: 47.69
  • Assessed Land Value: 199302
  • Total Assessed Value: 417914
  • Assessor Parcel Number: 4182-008-015
  • Lot Description: Back Yard, Yard
  • Lot Size Area: 2202

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 88.00
  • Number Of Units: 3
  • Total Annual Expense: 20280
  • Type Of Units: Multi-family
  • Vacancy Rate: 33%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,928 $426,272 $203,288 $222,984
2024 $4,928 $417,914 $199,302 $218,612
2023 $4,835 $409,721 $195,395 $214,326
2022 $4,747 $401,688 $191,564 $210,124
2021 $4,713 $393,812 $187,808 $206,004
2020 $4,685 $389,775 $185,883 $203,892
2019 $4,593 $382,134 $182,239 $199,895
2018 $4,428 $374,642 $178,666 $195,976
2016 $4,185 $360,096 $171,729 $188,367
2015 $4,108 $354,688 $169,150 $185,538
2014 $3,908 $347,741 $165,837 $181,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $3,375,000 -38.6% $1,190 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/23/2025 05/23/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $5,500,000 0.0% $1,939 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
03/30/2025 03/30/25 For Sale $5,500,000 +50.7% $1,939 / Sq Ft
03/28/2025 03/28/25 For Sale $3,650,000 0.0% $1,287 / Sq Ft
11/15/2020 11/15/20 Rented $6,500 0.0% --
10/09/2020 10/09/20 Price Changed $6,500 -5.8% $3 / Sq Ft
09/11/2020 09/11/20 For Rent $6,900 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,375,000 Upward Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Previous Owner $567,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $300,000 Unknown
Source: Public Records

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Source: The MLS

MLS Number: 25518543

The MLS

APN: 4182-008-015