1345 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard

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Nicole Hazelton

[email protected] +1(619) 206-1892

$2,850,000

Est. payment - /mo

8 Beds

5 Baths

5,007 Sqft Lot

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UPDATED:

11/23/2024 04:16 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24210819

Bedrooms 8

HOA Y/N No

Lot Size 5,007 Sqft

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.
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 Manhattan Beach (90266)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $80

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Lyon Stahl Investment Real Est

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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