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.
MLS #
CRPW24210819
MLS Source
California Regional MLS
Days on Site
42
Cooling
None
Heating
No Heating
Pool
None
Garage/Parking
Garage: 4 Car(s)
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 726-3391
Co-Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
1345 Manhattan Beach Bld is a Residential Income in Manhattan Beach, CA 90266. This – square foot property sits on a 5,007 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,850,000 and was built in 1967.
This address can also be written as 1345 Manhattan Beach Bld, Manhattan Beach, CA 90266.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 21, 2024. For the most current information, please contact Woody Stahl, (310) 726-3391