$100,000 Price Improvement + 4.63% CAP Rate + Newly Vacant & Renovated 1-Bed Unit!
1436 Manhattan Beach Blvd offers a desirable unit mix of (2) 1-bed/1-bath, (1) 2-bed/1-bath, and (1) 3-bed/2-bath. Select units have been updated with new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers. The building itself was recently painted and designed for low maintenance, with ownership responsible only for water, sewer, and trash while tenants cover all remaining utilities.
Additional highlights include (4) single-car garages, owned laundry machines, and mostly copper plumbing. A brand-new electrical system has already been paid for and is pending installation.
The spacious 3-bedroom unit features a large private patio, making it an excellent option for an owner-user. The building is subject to AB 1482 statewide rent control, which currently allows annual increases of up to 8% (5% + CPI). 3 units are eligible for a rent increase now.
Centrally located near award-winning schools, Target, Polliwog Park, Downtown Manhattan Beach, and the Pier, this property combines strong rental potential with an unbeatable coastal location. With steady tenant demand and limited multifamily supply in Manhattan Beach, the asset offers long-term stability and growth for both investors and owner-users alike.
- Pool:
- No
- Heating System:
- Floor Furnace
- Cooling System:
- Whole House Fan
- View:
- No, Pier
- Roof Deck:
- Common Roof
- Parking:
- 8.00
- New Construction YN:
- 0
- Laundry:
- No, Individual Room
- Parking:
- Street
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBSILLROB
- Water Source:
- Public
- Lot Features:
- 0-1 Unit/acre
- Community Features:
- Sidewalks, Golf, Park, Dog Park, Biking
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Yes
- Spa Construction:
- No
- Spa:
- 0
- Street:
- Manhattan Beach
- Street Number:
- 1436
- Street Suffix:
- Boulevard
- Zip4:
- 6169
- Floor Number:
- 0
- Longitude:
- W119° 36' 41.4''
- Latitude:
- N33° 53' 13.5''
- Listing Courtesy of:
- Lyon Stahl Investment Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 4
- Zoning:
- MNRH
- Lot Size Square Feet:
- 4,902 Sqft
- List Agent Last Name:
- Sillman
- List Agent License Number:
- 02145409
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1310620
- List Agent First Name:
- Robert
- DirectionFaces:
- North
- Directions:
- South Side of MB Blvd between Rowell Ave and Peck Ave
- MLSAreaMajor:
- 147 - Manhattan Bch Mira Costa
- Levels:
- Two
- Parcel Number:
- 4167001044
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1436 Manhattan Beach Boulevard, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB25197916
- List Price :
- $2,550,000
- Year Built :
- 1955
- Lot Area :
- 0.11 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $2,300,000
- Status :
- Closed
- Property Type :
- Apartment
- Price Per Square Foot :
- $735
- Days on Market :
- 83
