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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 4,299,000

Est. payment -/mo

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Active

220 14th ST Manhattan Beach, CA 90266

2,628 SqFt

UPDATED:

09/12/2024 04:09 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,628 sqft

Price per Sqft $1,635

MLS Listing ID SB24079251

HOA Y/N No

Year Built 1959

Lot Size 4,190 Sqft

Acres 0.0962

Property Description

Now being sold for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Zoning MNRH

Rooms

Other Rooms All Bedrooms Down, All Bedrooms Up

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry Dryer Included, In Garage, Washer Included

Exterior

Garage Assigned, Garage, Uncovered

Garage Spaces 4.0

Pool None

Community Features Gutters, Sidewalks

View Y/N Yes

View Ocean

Parking Type Assigned, Garage, Uncovered

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Broker does not represent or guarantee the accuracy of square footage, bedroom/bathroom count, lot lines/ dimensions, permitted vs unpermitted spaces, school boundary lines, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information. Submit all offers complete with RPA, Lender Pre-Approval, and Proof of Funds to akash@roheracapital.com. Seller to choose all services, please call ahead of time before writing an offer.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Akash Rohera

SHOW CONTACT PH 3105679142

SHOW INSTRUCTIONS A couple units can be delivered vacant if desired! Property is currently tenant-occupied. Seller carryback may be an option with significant downpayment. Call/text the listing agent with any questions.

Listed by Rohera Capital

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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