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.
Features
: 4.00
0
: Common Area
: Public Sewer
: 2+ Common Walls
0
PWSTAWOO
: Public
: 2-5 Units/acre
: Biking
2
1
Address Map
Manhattan Beach
1345
Boulevard
5235
0
W119° 36' 35.6''
N33° 53' 15.5''
MLS Addon
Lyon Stahl Investment Real Est
$0
4
MNRH
5,007 Sqft
Stahl
01399621
: Standard
PB20378
Woody
1 Parcel from Manhattan Beach Blvd and N Rowell Ave
146 - Manhattan Bch Heights/Lib Vlg
4166010021
01972083
$0
0
Residential Income For Sale
1345 Manhattan Beach Boulevard, Manhattan Beach, California 90266
0.11 Sqft
$2,850,000
Listing ID #PW24210819
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PW24210819
List Price : $2,850,000
Year Built : 1967
Lot Area : 0.11 Sqft
Country : US
State : California
County : Los Angeles
City : Manhattan Beach
Zipcode : 90266
Status : Active under contract
Property Type : Quadruplex
Price Per Square Foot : $723
Days on Market : 22