$ 2,850,000
1345 Manhattan Beach Boulevard Manhattan Beach, CA 90266
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$ 2,850,000
Est. payment /mo
Active
1345 Manhattan Beach Boulevard Manhattan Beach, CA 90266
3,942 SqFt
UPDATED:
11/24/2024 02:02 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,942 sqft
Price per Sqft $722
MLS Listing ID CRPW24210819
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1967
Lot Size 5,007 Sqft
Property Description
Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.
Location
State CA
County Los Angeles
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Building
Water Public
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