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Lynette Williams

lynette.williams@exprealty.com +1(323) 251-6011

$ 2,850,000

Est. payment | -/mo

5,005 Sqft Lot

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$ 2,850,000

Est. payment | -/mo

Save Video Tour

5,005 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW24210819

HOA Y/N No

Year Built 1967

Lot Size 5,005 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 146 - Manhattan Bch Heights/Lib Vlg

Zoning MNRH

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4166010021

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Woody Stahl • Lyon Stahl Investment Real Est • woody@lyonstahl.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 251-6011

lynette.williams@exprealty.com

303 N Glenoaks Blvd, Burbank, CA, 91502, USA

1345 Manhattan Beach BLVD Manhattan Beach, CA 90266

Lynette Williams

Key Details

Location

Interior

Exterior

Building

Others

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1345 Manhattan Beach BLVD