$ 3,500,000
1446 12th ST Manhattan Beach, CA 90266
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,500,000
Est. payment /mo
New
1446 12th ST Manhattan Beach, CA 90266
7,010 Sqft Lot
UPDATED:
11/14/2024 07:59 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPV24224558
Originating Board California Regional MLS
Year Built 1966
Lot Size 7,010 Sqft
Property Description
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don't miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14,000 square feet of livable space. Current rents are below market.
Location
State CA
County Los Angeles
Area 146 - Manhattan Bch Heights/Lib Vlg
Interior
Laundry Other
Exterior
Garage Assigned Spaces, Attached Garage
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 4166009005
Special Listing Condition Not Applicable
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Listed by Jim Ghannadi • RE/MAX Estate Properties