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$ 4,299,000
Est. payment /mo
Active
220 14th ST Manhattan Beach, CA 90266
4,192 Sqft Lot
UPDATED:
11/27/2024 04:32 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24079251
Originating Board California Regional MLS
Year Built 1959
Lot Size 4,192 Sqft
Property Description
Now being sold for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Interior
Heating Wall Furnace
Cooling None
Laundry In Garage, Washer, Dryer
Exterior
Parking Features Assigned Spaces, Garage, Uncovered Parking
Garage Spaces 10.0
Pool None
View Ocean
Building
Water District - Public
Others
Tax ID 4179025003
Special Listing Condition Not Applicable
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Listed by Akash Rohera • Rohera Capital