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$ 2,400,000
Est. payment /mo
Price Dropped by $50K
1220 Manhattan Beach BLD Manhattan Beach, CA 90266
5,057 Sqft Lot
UPDATED:
11/01/2024 04:31 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24119431
Originating Board California Regional MLS
Year Built 1957
Lot Size 5,057 Sqft
Property Description
FIRST TIME ON THE MARKET FOR SALE IN OVER 40 YEARS!! Centrally located in the heart of Manhattan Beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. The area boasts a strong rental market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential. The single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. Additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. All units are equipped with in-unit laundry facilities, providing modern convenience for tenants. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. With four one-car garages, this property caters to the parking needs of its residents. 1220 Manhattan Beach Blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. Positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying t
Location
State CA
County Los Angeles
Area 147 - Manhattan Bch Mira Costa
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 4167015008
Special Listing Condition Not Applicable
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Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.