1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266
Active for $2,850,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,007 sqft
| MLS | PW24210819 |
| Year Built | 1967 |
| Property Type | Quadruplex |
| County | Los Angeles |
| Status | Active |
| Active | $2,850,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,007 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Woody Stahl, Lyon Stahl Investment Real Est 310-726-3391. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Sevag Demirjian
REALTOR®
Direct: 818.669.5174
Email: Email Me
DRE: 02114440
DRE #01873088
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