Description
First time on the market for sale in over 40 years!!
centrally located in the heart of manhattan beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. the area boasts a strong rental market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential.
the single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. all units are equipped with in-unit laundry facilities, providing modern convenience for tenants. the property is separately metered for gas and electricity, ensuring efficiency and control over utilities. with four one-car garages, this property caters to the parking needs of its residents.
1220 manhattan beach blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying the luxurious coastal living that makes manhattan beach highly desirable. investors will appreciate the property's steady rental income, potential for appreciation in value, and the long-term stability of this robust and resilient market. seize the opportunity to be a part of the manhattan beach real estate success story and reap the numerous benefits it can add to your investment portfolio.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46006667
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1957
- Building Area Total: 2,840
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1161
- Lot Size Source: Assessor
- Lot Size Square Feet: 5057
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Listing Information
Listing Price Information
- Original List Price: 2,400,000
- Listing Contract Date: 2024-06-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 4167015008
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 147 - Manhattan Bch Mira Costa
- Directions: E of Sepulveda
- Zoning: MNRH
- Source Property Type: Residential Income
- Area: 147 - Manhattan Bch Mira Costa
- Property SubType: Apartment
Building and Construction
- Property Age: 67
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: side
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BuyOwner last updated this listing 11/16/2024 @ 23:59
- MLS: SB24119431
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,840 sqft, 5,057 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Manhattan Beach , in zip code 90266, this Los Angeles County Home are nearby neighborhoods.