ONE OF THE FEW REMAINING SOUTH FACING, FULL STREET TO ALLEY CORNER LOT RIGHT IN THE MIDDLE OF DOWNTOWN MANHATTAN BEACH. LOT SLOPES UP FROM MANHATTAN AVE. TO BAYVIEW PROVIDING DYNAMIC OCEAN VIEWS. MOST OF THE VALUE IS IN THE LAND AND BEST USE IS PROBABLY DEVELOPMENT OF EITHER TWO TOWNHOMES OR A VERY LARGE SINGLE FAMILY HOME. EITHER WAY YOU WILL HAVE INCREDIBLE OCEAN VIEWS FROM PV TO MALIBU. LOWER COMMERCIAL BUILDINGS ACROSS THE STREET SHOULD PROVIDE BEAUTIFUL VIEWS FOR BOTH UNITS. PROPERTY IS CURRENTLY A FULLY RENTED TRIPLEX WITH GREAT TENANTS WHO WOULD MOST LIKELY WANT TO STAY. FRONT HOUSE ON MANHATTAN AVE COULD USE SOME TLC BUT HAS A LOT OF CHARM AND CURRENTLY HAS PANORAMIC OCEAN VIEWS FROM THE UPSTAIRS. HOUSE HAS 3 BEDROOMS AND 2 FULL BATHS AS WELL AS A LOFT UPSTAIRS THAT COULD BE A GREAT OFFICE. HARDWOOD FLOORS AND LAUNDRY. REAR 2 BEDROOM IS IN VERY GOOD SHAPE AND ALSO HAS GREAT OCEAN VIEWS. LARGE BEDROOMS AND 2 FULL BATHS. STUDIO IS VERY BASIC BUT LONG TERM TENANT WHO WOULD LOVE TO STAY. 3 CAR GARAGE IN THE BACK ON BAYVIEW. THIS BUILDING WOULD PROVIDE NEARLY $10k PER MONTH IN INCOME WHILE YOU GET PLANS DRAWN AND APPROVED. COULD ALSO BE A GOOD LONG TERM HOLD AS THERE AREN’T MANY OF THESE LOTS LEFT THIS CLOSE TO EVERYTHING. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY.
SEE AGENT REMARKS REGARDING DEVELOPMENT POTENTIAL WITH THE CITY OF MB.
- Heating System:
- Central
- Parking:
- 2.00
- New Construction YN:
- 0
- Laundry:
- Stackable
- Sewer:
- Conventional Septic
- Common Walls:
- 1 Common Wall
- Senior Community:
- 0
- List Agent Agent ID:
- SCUMMJAC
- Water Source:
- Public
- Lot Features:
- 0-1 Unit/acre
- Community Features:
- Street Lights
- Street:
- Manhattan
- Street Number:
- 1200
- Street Suffix:
- Avenue
- Zip4:
- 4722
- Floor Number:
- 0
- Longitude:
- W119° 35' 20.6''
- Latitude:
- N33° 53' 8.1''
- Listing Courtesy of:
- Strand Hill Christies International Real Estate
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 3
- Zoning:
- MNRH
- Lot Size Square Feet:
- 3,325 Sqft
- List Agent Last Name:
- Cummings
- List Agent License Number:
- 01173922
- Special Listing Conditions:
- Standard
- List Office ID:
- sb1310590
- List Agent First Name:
- Jack
- Directions:
- NORTH EAST CORNER OF 12TH ST. AND MANHATTAN AVE.
- MLSAreaMajor:
- 142 - Manhattan Bch Sand
- Parcel Number:
- 4179024007
- List Agent License Number:
- 01968431
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
1200 Manhattan Avenue, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB18082081
- List Price :
- $5,000,000
- Year Built :
- 1956
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $4,900,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $1,750
- Days on Market :
- 20
