1345 Manhattan Beach BLVD Manhattan Beach, CA 90266

Active

$2,850,000

4 Units

8 Beds

5 Baths

3,942 Area(sq.ft.)

5,007 Lot Size(sq.ft.)

Type	# of Units	Bedroom	Bath	Furnished	Rent	Actual Rent	Projected Rent
Unit 1	1	2	2	No	n/a	n/a	$ 3,995
Unit 2	1	2	1	No	n/a	n/a	$ 3,695
Unit 3	1	2	1	No	$ 3,350	$ 3,350	$ 3,695
Unit 4	1	2	1	No	$ 3,350	$ 3,350	$ 3,695
4	4	8	5		$ 6,700	$ 6,700	$ 15,080

MLS #:	PW24210819MR
Days On Market:	9
County:	Los Angeles
Property Type:	Residential Income
Price per ft²:	$ 723
Price per unit:	$ 712,500
Year Built:	1967

Income Details / Structure / Land & Parking / Interior Features / Exterior Features

Property Details

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.