1345 Manhattan Beach Boulevard

Manhattan Beach, CA 90266

$2,850,000

List Price

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bed Beds

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1967

calendar_month Built

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.

Listing Information

List Price $2,850,000
Status Active
MLS PW24210819
Type Residential Income
Subtype Quadruplex
Year Built 1967
Lot Size 5,007
Structure Size N/A
Courtesy Of Lyon Stahl Investment Real Est
Listing Agent Woody Stahl DRE#01399621
Co-Listing Agent Brett Lyon DRE#01717818

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
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Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Woody Stahl, Brett Lyon, Lyon Stahl Investment Real Est . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 15th, 2024 at 1:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.