Active
1345 Manhattan Beach BLVD
MANHATTAN BEACH CA, 90266
$2,850,000
$722.98 per sqft
Active
8 Beds
5 Baths
3,942 sqft
Multi-family
Built in 1967
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.
PW24210819MR
MLSⓇ ID
October 15, 2024
Listed
October 16, 2024
Updated
Map
1345 Manhattan Beach BLVD
MANHATTAN BEACH CA, 90266
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
5
Laundry Description
Laundry Area
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.11 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Manhattan Beach Heights/Liberty Vlg
Days on Market
1
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
MNRH
Listing History
Date | Event | Price |
|---|---|---|
10/15/2024 | Active | — |
Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Sarah Knauer & Victoria Velazquez | CA DRE# 01939773 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/16/2024
