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$ 2,650,000
Est. payment | /mo
7 Beds
5 Baths
3,131 SqFt
$ 2,650,000
Est. payment | /mo
7 Beds
5 Baths
3,131 SqFt
Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 3,131 sqft
Price per Sqft $846
MLS Listing ID SB25200460
Bedrooms 7
Full Baths 5
Year Built 1955
Property Sub-Type All Other Attached
Property Description
Welcome to 1436 Manhattan Beach Blvd, a well-located 4-unit apartment building in the heart of Manhattan Beach. The property offers a desirable unit mix of (2) 1-bed/1-bath, (1) 2-bed/1-bath, and (1) 3-bed/2-bath. Select units have been updated with new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers. The building itself was recently painted and designed for low maintenance, with ownership responsible only for water, sewer, and trash while tenants cover all remaining utilities. Additional highlights include (4) single-car garages, owned laundry machines, and mostly copper plumbing. A brand-new electrical system has already been paid for and is pending installation. The spacious 3-bedroom unit features a large private patio, making it an excellent option for an owner-user. The building is subject to AB 1482 statewide rent control, which currently allows annual increases of up to 8% (5% + CPI). Centrally located near award-winning schools, Target, Polliwog Park, Downtown Manhattan Beach, and the Pier, this property combines strong rental potential with an unbeatable coastal location. With steady tenant demand and limited multifamily supply in Manhattan Beach, the asset offers long-term stability and growth for both investors and owner-users alike.
Location
State CA
County Los Angeles
Zoning MNRH
Direction South Side of MB Blvd between Rowell Ave and Peck Ave
Interior
Heating Other/Remarks
Cooling Other/Remarks
Fireplace No
Exterior
Garage Spaces 4.0
View Y/N Yes
Water Access Desc Public
View City Lights
Roof Type Flat
Porch Patio
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 4167001044
Special Listing Condition Standard
Listed by Robert Sillman Lyon Stahl Investment Real Estate, Inc.
