1345 Manhattan Beach Boulevard

Manhattan Beach, CA 90266
$2,850,000
0.11 acres | #PW24210819
Courtesy of Lyon Stahl Investment Real Est
Accepting Backup Offers

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.

  • Property Details
      • Stories:2
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1149
      • Parking spaces:4
      • Property type:Multi-Family
      • Year built:1967
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$2, 850, 000
      • MLS #:PW24210819
      • Cost:2850000
      • Property subtype:Quadruplex
      • MLS #:PW24210819

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Woody Stahl
Listing Office: Lyon Stahl Investment Real Est

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information