tomo logo

$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

CRMLS #SB24119431

Price change
$2,400,000
-2.04%
11/01/2024
CRMLS

CRMLS #SB24119431

Removed
$2,450,000
07/31/2024
CRMLS

CRMLS #SB24119431

Listed
$2,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

CRMLS logo

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