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    Property Description

    We are proud to present 124 11th Street, a 4-unit mixed use asset located in the heart of downtown Manhattan Beach. One of the most desirable locations in all of Manhattan Beach, 124 11th Street is just steps from the ocean, Manhattan Beach Pier, and some of the hottest restaurants, shops and nightlife within walking distance. The residential units offers spectacular ocean views as they overlook the Manhattan Beach pier, sand and ocean waves. Built in 1946, the property has a great unit mix of three (3) residential units with ocean views and one (1) ground floor retail space which is located near the hottest retail spaces in the area. The apartment units consist of (1) two-bedroom, two-bathroom and (2) one-bedroom/ one-bathroom units. The property has undergone recent improvements including a new roof (Installed in 2020). Upon entering this property, you will find two separate entrances to two ground floor retail spaces which combine to 1 retail/office space. Perfect for an OWNER/USER. The property currently has 3 of the 4 units vacant, with the remaining tenant willing to move out with 60 day notice. This investment provides the perfect opportunity for an owner/user to occupy one of the magnificent ocean view apartment units and/or occupying the RETAIL/OFFICE space and renting out the other units for passive income. This is a trophy property that rarely hits the market. This iconic building in prime Downtown Manhattan Beach would be a prized asset in any investors real estate portfolio! Offering Memorandum can be provided upon request.

    Features
    Heating System:
    Central
    Parking:
    26.00
    New Construction YN:
    0
    Laundry:
    Washer Hookup, In Closet
    Parking:
    Community Structure, Controlled Entrance
    Senior Community:
    0
    List Agent Agent ID:
    CLW-C111997
    Stories:
    2
    Appliances:
    Microwave
    Address Map
    Street:
    11TH
    Street Number:
    124
    Street Suffix:
    Street
    Zip4:
    5419
    Floor Number:
    0
    Longitude:
    W119° 35' 21.8''
    Latitude:
    N33° 53' 1.6''
    MLS Addon
    Listing Courtesy of:
    SaraVita Properties Inc
    TaxAnnualAmount:
    $0
    Zoning:
    MNRH
    Lot Size Square Feet:
    2,711 Sqft
    List Agent Last Name:
    Rahban
    List Agent License Number:
    01849286
    Special Listing Conditions:
    Standard
    List Office ID:
    CLW-X82224
    List Agent First Name:
    Sasha
    DirectionFaces:
    North
    Directions:
    South of Manhattan Beach Blvd and West of Manhattan Ave.
    MLSAreaMajor:
    142 - Manhattan Bch Sand
    Levels:
    Multi/Split
    Parcel Number:
    4179018012
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income Sold

    124 11TH Street, Manhattan Beach, California 90266

    0.06 Sqft
    $5,950,000
    Listing ID #22131783
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    Sold
    Listing ID :
    22131783
    List Price :
    $5,950,000
    Year Built :
    1946
    Lot Area :
    0.06 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Manhattan Beach
    Zipcode:
    90266
    Water front Features:
    Ocean Front
    Close Price :
    $5,725,000
    Status :
    Closed
    Property Type :
    Single Family Residence
    Price Per Square Foot :
    $1,500
    Days on Market :
    11
    Agent info
    Contact Agent
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