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    Property Description

    Generational investment opportunity one block north of the Pier in the Manhattan Beach sand section. The first time available in over 20 years, this irreplaceable walk-street apartment building consists of 6 large one bedroom, one bathroom units (approx. 800 SF each) along with 6 garages. With rents approximately 30% below market, this opportunity will not only provide an investor with upside in rents, but also a great hedge against inflation in this excellent rental market, which consistently enjoys low vacancy and turnover rates. This pride of ownership Property has been well maintained and includes a common area outdoor patio. Set on a highly desirable walk street lot in a prime section of Manhattan Beach, it is located only two blocks from The Strand and one block from Downtown dining and shopping. This is truly an extraordinarily unique asset in a highly attractive area offering an investor long term stable income, as well as the opportunity to add additional value via a thoughtful upgrade of the Property.

    Features
    Heating System
    View:
    Peek-A-Boo, Pier, Trees/Woods, Courtyard
    Parking:
    20.00
    New Construction YN:
    0
    Utilities:
    Natural Gas Not Available, Natural Gas Connected, Sewer Connected, Electricity Connected, Water Available, Cable Not Available
    Parking:
    Tandem Covered, Auto Driveway Gate, Side by Side, Asphalt, See Remarks
    Sewer:
    Conventional Septic
    Room Type:
    Living Room, Kitchen, Galley Kitchen
    Common Walls:
    1 Common Wall
    Senior Community:
    0
    List Agent Agent ID:
    SOCONNDA
    Water Source:
    Public
    Lot Features:
    Front Yard, Rectangular Lot, Gentle Sloping, Walkstreet, Up Slope From Street
    Community Features:
    Sidewalks, Curbs, Biking
    Stories:
    2
    Entry Level:
    2
    Flooring:
    Tile, Laminate
    Association:
    0
    Entry Location:
    Main floor
    Property Condition:
    Turnkey, Repairs Cosmetic
    Exterior Features:
    Awning(s)
    Architectural Style:
    Mid Century Modern
    Appliances:
    Microwave, Refrigerator, Vented Exhaust Fan, Range Hood, Electric Oven, Electric Cooktop, 6 Burner Stove, Ice Maker
    Spa:
    0
    Interior Features:
    Built-in Features, High Ceilings, Open Floorplan, Ceiling Fan(s), Beamed Ceilings, Tile Counters
    Address Map
    Street:
    Manhattan
    Street Number:
    1220
    Street Suffix:
    Avenue
    Zip4:
    4744
    Floor Number:
    0
    Longitude:
    W119° 35' 20''
    Latitude:
    N33° 53' 9.7''
    MLS Addon
    Listing Courtesy of:
    Pacifica Properties Group, Inc.
    TaxAnnualAmount:
    $0
    Garage Spaces:
    6
    Zoning:
    MNRH
    Lot Size Square Feet:
    3,323 Sqft
    List Agent Last Name:
    O'Connor
    List Agent License Number:
    01384632
    Special Listing Conditions:
    Trust
    List Office ID:
    SB1366730
    List Agent First Name:
    Daniel
    DirectionFaces:
    North
    Directions:
    Two blocks North of Manhattan Beach Blvd
    MLSAreaMajor:
    142 - Manhattan Bch Sand
    Levels:
    Multi/Split
    Parcel Number:
    4179024001
    List Agent License Number:
    02142076
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income Sold

    1220 Manhattan Avenue, Manhattan Beach, California 90266

    0.08 Sqft
    $4,999,000
    Listing ID #SB22146156
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    Sold
    Listing ID :
    SB22146156
    List Price :
    $4,999,000
    Year Built :
    1955
    Lot Area :
    0.08 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Manhattan Beach
    Zipcode:
    90266
    Close Price :
    $6,060,000
    Status :
    Closed
    Property Type :
    Apartment
    Price Per Square Foot :
    $1,263
    Days on Market :
    9
    Agent info
    Contact Agent
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