REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Candice Blair

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

$ 2,850,000

Est. payment -/mo

Save

New

1345 Manhattan Beach BLVD Manhattan Beach, CA 90266

3,942 SqFt

UPDATED:

10/16/2024 01:28 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,942 sqft

Price per Sqft $722

MLS Listing ID PW24210819

HOA Y/N No

Year Built 1967

Lot Size 5,005 Sqft

Acres 0.1149

Property Description

Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.

Location

State CA

County Los Angeles

Area 146 - Manhattan Bch Heights/Lib Vlg

Zoning MNRH

Interior

Heating None

Cooling None

Fireplaces Type None

Laundry Common Area

Exterior

Garage Spaces 4.0

Pool None

Community Features Biking

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS (1) 2-Bed/2-Bath Unit & (1) 2-Bed/1-Bath Unit are Vacant

SHOW CONTACT TYPE None

SHOW INSTRUCTIONS Showings Subject to Offer and Proof of Funds

Listed by Lyon Stahl Investment Real Est

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

GET MORE INFORMATION

QUICK SEARCH