1345 Manhattan Beach Boulevard

Active

1345 Manhattan Beach Boulevard

Manhattan Beach CA, 90266

$2,850,000

$722.98 per sqft

Active

3,942 sqft

Multi-family

Built in 1967

Listed by Woody Stahl with Lyon Stahl Investment Real Est [email protected]

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.

PW24210819

MLSⓇ ID

October 15, 2024

Listed

October 15, 2024

Updated

Map

1345 Manhattan Beach Boulevard
Manhattan Beach CA, 90266

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: No
Heating Description: None

Exterior/Building Features

Lot Size: 0.11 Acres
Lot Features: 2-5 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 146 - Manhattan Bch Heights/Lib Vlg
Garage: Yes
Garage Spaces: 4
Parking Total: 4
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: MNRH

Listing Contact: 310-425-9838

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/15/2024 at 1:58 PM UTC