$ 2,850,000
1345 Manhattan Beach BLD Manhattan Beach, CA 90266
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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
$ 2,850,000
Est. payment /mo
Active
1345 Manhattan Beach BLD Manhattan Beach, CA 90266
5,007 Sqft Lot
UPDATED:
11/21/2024 06:35 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24210819
Originating Board California Regional MLS
Year Built 1967
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.
Location
State CA
County Los Angeles
Area 146 - Manhattan Bch Heights/Lib Vlg
Interior
Heating No Heating
Cooling None
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 4166010021
Special Listing Condition Not Applicable
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
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