1345 Manhattan Beach BLD new Save Request In-Person Tour Request Virtual Tour
Manhattan Beach,CA 90266
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24210819
Year Built 1967
Lot Size 5,007 Sqft
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.
Location
State CA
County Los Angeles
Area 146 - Manhattan Bch Heights/Lib Vlg
Interior
Heating No Heating
Cooling None
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable