$2,400,000
- Beds
- Unknown
- sq ft
- Unknown
1220 Manhattan Beach Blvd, Manhattan Beach, CA 90266
1220 Manhattan Beach Blvd
Manhattan Beach, CA 90266
- 150 days on market
- Price drop $50,000↓
FIRST TIME ON THE MARKET FOR SALE IN OVER 40 YEARS!!
Centrally located in the heart of Manhattan Beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. The area boasts a strong rental market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential.
The single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. Additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. All units are equipped with in-unit laundry facilities, providing modern convenience for tenants. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. With four one-car garages, this property caters to the parking needs of its residents.
1220 Manhattan Beach Blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. Positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying the luxurious coastal living that makes Manhattan Beach highly desirable. Investors will appreciate the property's steady rental income, potential for appreciation in value, and the long-term stability of this robust and resilient market. Seize the opportunity to be a part of the Manhattan Beach real estate success story and reap the numerous benefits it can add to your investment portfolio.
Details
Property type
Apartment
Lot size
5,057 sq ft
Price per sq ft
Unknown
Year built
1957
Price History
11/01/2024
CRMLS #SB24119431
Price change
$2,400,000
-2.04%
11/01/2024
CRMLS #SB24119431
Removed
$2,450,000
07/31/2024
CRMLS #SB24119431
Listed
$2,450,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs
Community features:
Curbs
Status: Active
Tomo last checked: 11/08/2024 at 8:15 AM
Listing updated: 11/01/2024 at 9:35 AM
Listed by: Christopher Van Vuuren, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CRMLS #SB24119431
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