1446 12th ST Manhattan Beach, CA 90266
Active
$3,500,000
4 Units
9 Beds
8 Baths
4,514 Area(sq.ft.)
7,010 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | $ 3,800 | $ 3,800 | $ 4,800 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 2,800 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 2,800 |
| Unit 4 | 1 | 2 | 1 | No | $ 2,400 | $ 2,400 | $ 2,800 |
| 4 | 4 | 9 | 8 | $ 11,000 | $ 11,000 | $ 13,200 |
| MLS #: | PV24224558MR |
| Days On Market: | 6 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 775 |
| Price per unit: | $ 875,000 |
| Year Built: | 1966 |
Property Details
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don t miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14,000 square feet of livable space. Current rents are below market.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 6,282 |
| Net Operating Income: | $ 125,718 |
Structure
| Community Features: | Curbs |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | MNRH |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Garage - 2 Car |
Interior
| Laundry: | Inside |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
