1250 Manhattan Beach, Manhattan Beach, 90266

Residential Income For Sale

$2,400,000

Beds
Baths
3,692Sqft
.12Acres
1960Built
103DOM
MLS® #: 19498006
Active, 103 Days on Market

A four-unit investment property in Manhattan Beach, California. The property is located between Meadows Avenue and Sepulveda Blvd just blocks from Polliwog Park and the Manhattan Beach Middle School. This area is a solid majority-renter market with low vacancy rates.1250 Manhattan Beach Blvd consists of three one Bedroom one Bathroom units and one three Bedroom one Bathroom unit. All of the units are separately metered for gas and electricity. The property also offers four garage spaces. Due to its location and vintage of building, this property does not fall under Los Angeles Rent Control. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Essential Information

MLS® #: 19498006
Price: $2,400,000
Square Footage: 3,692
Acres: 0.12
Year Built: 1960
Type: Residential Income
Status: Active

Community Information

Address: 1250 Manhattan Beach
County: Los Angeles
State: CA
Zip Code: 90266

Interior

Appliances: None
Cooling: None
# of Stories: 2

Additional Information

Date Listed: August 8th, 2019
Days on Market: 103
Zoning: MNRH

Listing Details

Listing Agent: Jonathan Weir(02038545)
Listing Office: Marcus & Millichap

Financials

$/SqFt: $650

Welcome to this 0 bedroom 0 bath Residential Income in the Manhattan Beach Mira Costa (147) section of Manhattan Beach located at 1250 Manhattan Beach built in 1960. It is 0 square feet and the current asking price is $ 2,400,000.

Properties for Sale Similar to 1250 Manhattan Beach, Manhattan Beach, CA

Based on information from California Regional Multiple Listing Service, Inc. as of November 21st, 2019 at 3:21am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.