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
- Parking:
- 26.00
- New Construction YN:
- 0
- Laundry:
- Upper Level
- Sewer:
- Conventional Septic
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- PWSTAWOO
- Water Source:
- Public
- Lot Features:
- 2-5 Units/acre
- Community Features:
- Biking
- Stories:
- 2
- Entry Level:
- 1
- Entry Location
Address Map
- Street:
- Manhattan Beach
- Street Number:
- 1345
- Street Suffix:
- Boulevard
- Zip4:
- 5235
- Floor Number:
- 0
- Longitude:
- W119° 36' 35.6''
- Latitude:
- N33° 53' 15.5''
MLS Addon
- Listing Courtesy of:
- Lyon Stahl Investment Real Est
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 4
- Zoning:
- MNRH
- Lot Size Square Feet:
- 5,007 Sqft
- List Agent Last Name:
- Stahl
- List Agent License Number:
- 01399621
- Special Listing Conditions:
- Standard
- List Office ID:
- PB20378
- List Agent First Name:
- Woody
- Directions:
- 1 Parcel from Manhattan Beach Blvd and N Rowell Ave
- Virtual Tour URL Unbranded:
- Click Here
- MLSAreaMajor:
- 146 - Manhattan Bch Heights/Lib Vlg
- Parcel Number:
- 4166010021
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 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 :
- Sold
- Listing ID :
- PW24210819
- List Price :
- $2,850,000
- Year Built :
- 1967
- Lot Area :
- 0.11 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $2,772,500
- Status :
- Closed
- Property Type :
- Quadruplex
- Price Per Square Foot :
- $703
- Days on Market :
- 18
