1345 Manhattan Beach BLD Contingent

Manhattan Beach,CA 90266

$ 2850000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRPW24210819

Originating Board California Regional MLS

Year Built 1967

Lot Size 5,007 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

Interior

Heating No Heating

Cooling None

Laundry Laundry Area

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 4166010021

Special Listing Condition Not Applicable ,Accepting Backups

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