4162 Manhattan Beach Boulevard

Lawndale, CA 90260

  • 10 Bed(s)
  • 6 Bath(s)
  • 5,580 Sqft
  • 5048
    Sqft(Lot)
$1,500,000

Description

4162 manhattan beach blvd is a prime investment and potential owner-user opportunity located in lawndale. this value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. the property features a 2-car garage attached to the front unit and a 4-car garage with back alley access.

with significant upside potential, the property delivers an impressive 6.51% market cap rate and 10.79 market grm with potential to maximize income through eligible 8.9% rent increases for every unit. priced at $375,000 per unit and $268 per square foot, it offers exceptional value with room for growth. there is also an appraisal on file in october 2024 for $1.771m.

conveniently situated near the scenic alondra park golf course and just minutes from manhattan beach, this property’s location adds to its tenant appeal. don’t miss this opportunity to invest in a high-demand south bay area with strong long-term potential!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47987266

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1985
    • Building Area Total: 5,580

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1159
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5048

  • Listing Price Information

    • Original List Price: 1,500,000
    • Listing Contract Date: 2024-12-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4074008004

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 113 - South Lawndale
    • Directions: 4 Parcels Weast of MB Blvd and Freeman Ave
    • Zoning: LNR3YY
    • Source Property Type: Residential Income
    • Area: 113 - South Lawndale
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 39
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 12/21/2024 @ 22:59

  • MLS: PW24246777
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 5,580 sqft, 5,048 sized lot, and 6 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 Lawndale , in zip code 90260, this Los Angeles County Home are nearby neighborhoods.