$4,100,000 - 1643 Artesia Boulevard, Manhattan Beach
- -
- Bedrooms
- -
- Baths
- 11,347
- SQ. Feet
- 0.3
- Acres
BUILDING JUST PAINTED - APRIL 2012 --The 1643 Artesia Apartments is ideally located on the border of the Manhattan Beach / Mira Costa and Manhattan Heights residendtial areas, a vritual vortex at all access & transportation corridors and just steps to a myriad of shopping & entertainment venues. The property being comprised of 12 - 2 bedroom & 2 -3 bedroom units is the perfect mixture of the most sought after apartment size thus keeping the vacancy rate low if not non existent as demand for rentals in the city of Manhattan Beach has been historically high for 5 decades and will only continue to increase. The city of Manhattan Beach has a high barrier to entry and this property cannot be duplicated. Further, apartment property assets of this size seldom become available and the opportunity to increase value is a certainty. The building provides a low maintenance silhouette and enclosed garage parking for each unit plus an extra storage garage and the units are individually metered. There\'s a nice courtyard for outdoor activities and a full service lauldry. The building boosts long term tenancy which is testimony to the ongoing stability of the South Bay rental market and in particular Manhattan Beach.
Essential Information
-
- MLS® #:
- S11009231
-
- Price:
- $4,100,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 11,347
-
- Lot Size (SqFt):
- 12,998
-
- Units:
- 14
-
- Year Built:
- 1959
-
- Type:
- Residential Income
-
- Status:
- Active
Community Information
-
- Address:
- 1643 Artesia Boulevard
-
- Area:
- Manhattan Beach Mira Costa (147)
-
- City:
- Manhattan Beach
-
- County:
- Los Angeles
-
- State:
- CA
-
- Zip Code:
- 90266
Amenities
-
- Parking:
- Assigned, Garage
-
- # of Garages:
- 10
Interior
-
- Appliances:
- Refrigerator
-
- Heating:
- Wall Heater
-
- Stories:
- Two Level
Exterior
-
- Exterior:
- Frame, Stucco
-
- Lot Description:
- Curbs, Street Lighting, Sidewalks, Storm Drains, Utilities - Overhead, Gutters
-
- Roof:
- Composition
Additional Information
-
- Date Listed:
- January 24th, 2011
-
- Days on Market:
- 852
-
- Zoning:
- Mnrh
Listing Details
- Listing Agent:
- Jim Gallagher(00472274)
- Listing Office:
- Re/max Commercial & Inv Realty
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