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.
- 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
- Street:
- Manhattan
- Street Number:
- 1220
- Street Suffix:
- Avenue
- Zip4:
- 4744
- Floor Number:
- 0
- Longitude:
- W119° 35' 20''
- Latitude:
- N33° 53' 9.7''
- 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
- 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













