UPDATED:
09/12/2024 05:14 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $1,635
MLS Listing ID SB24090912
Style All Other Attached
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1959
Lot Size 4,192 Sqft
Acres 0.0962
Property Description
Now being sold for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Location
State CA
County Los Angeles
Area Manhattan Beach (90266)
Zoning MNRH
Interior
Equipment Dryer, Washer
Appliance Dryer, Washer
Laundry Garage
Exterior
Garage Assigned, Garage
Garage Spaces 4.0
View Ocean
Total Parking Spaces 10
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $70
Miscellaneous Gutters
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
