1345 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

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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.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 1345 Manhattan Beach Boulevard
City Manhattan Beach
State CA
Zip 90266
County Los Angeles
Listing Agent Woody Stahl DRE #01399621
Co-Listing Agent Brett Lyon DRE #01717818
Courtesy Of Lyon Stahl Investment Real Est
List Price $2,850,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 5,007
Year Built 1967

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 Nov 19th, 2024 at 7:00 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.