Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1345 Manhattan Beach Boulevard
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$2,772,500

$2,850,000

2.7%
Est.Price: ?

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Est. payment /mo

8 Beds

5 Baths

5,007 Sqft Lot


SOLD DATE : 01/07/2025

Key Details

Sold Price $2,772,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24210819

Sold Date 01/07/25

Bedrooms 8

HOA Y/N No

Lot Size 5,007 Sqft

Property Sub-Type Res Income 2-4 Units

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.
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 Manhattan Beach (90266)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $80

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Robert Sillman • Lyon Stahl Investment Real Estate, Inc.
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Scripps Ranch, 92131, United States

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