Active
1345 Manhattan Beach Boulevard
Manhattan Beach CA, 90266
$2,850,000
$722.98 per sqft
Active
3,942 sqft
Multi-family
Built in 1967
Listed by Woody Stahl with Lyon Stahl Investment Real Est [email protected]
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.
PW24210819
MLSⓇ ID
October 15, 2024
Listed
November 23, 2024
Updated
Map
1345 Manhattan Beach Boulevard
Manhattan Beach CA, 90266
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
146 - Manhattan Bch Heights/Lib Vlg
Days on Market
11
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
MNRH
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/23/2024 at 12:54 AM UTC