1826-1828 12th Street presents a rare opportunity to acquire a 10-unit multifamily property in a desirable Manhattan Beach location. The property features an attractive unit mix consisting entirely of 2-bed/1-bath units across two buildings totaling approximately 6,384 square feet on an 8,254 square foot lot.
The property offers immediate upside and nearly all occupied units are eligible for the maximum allowable rent increase under AB 1482. Six of the ten units have undergone various renovations, and ownership has completed several building improvements since 2023, including a full roof repair, new subpanels, and SB 721 compliance.
Additional amenities include on-site parking and laundry facilities, with in-unit laundry in three units. Located within walking distance of Trader Joe’s and minutes from Polliwog Park, Manhattan Beach Middle School, and the Redondo Beach Performing Arts Center, the property offers investors a compelling combination of location, immediate upside, and long-term value.
- Pool:
- No
- Parking:
- 10.00
- New Construction YN:
- 0
- Laundry:
- Common Area
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- PWSTAWOO
- Water Source:
- Public
- Lot Features:
- 6-10 Units/acre
- Community Features:
- Sidewalks, Biking
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Yes
- Street:
- 12th
- Street Number:
- 1826
- Street Suffix:
- Street
- Floor Number:
- 0
- Longitude:
- W119° 37' 12.5''
- Latitude:
- N33° 53' 16.5''
- Listing Courtesy of:
- Lyon Stahl Investment Real Est
- TaxAnnualAmount:
- $0
- Lot Size Square Feet:
- 8,153 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:
- Located on 12th Street in Manhattan Beach, between Manhattan Beach Boulevard and Marine Avenue.
- MLSAreaMajor:
- 146 - Manhattan Bch Heights/Lib Vlg
- Parcel Number:
- 4165024026
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1826 12th Street, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- PW26198389
- List Price :
- $5,550,000
- Year Built :
- 1957
- Lot Area :
- 0.19 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Status :
- Active
- Property Type :
- Commercial/residential
- Price Per Square Foot :
- $869
- Days on Market :
- 21
