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$2,850,000
Est. payment /mo
8 Beds
3,942 SqFt
UPDATED:
12/04/2024 02:40 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,942 sqft
Price per Sqft $722
MLS Listing ID CRPW24210819
Bedrooms 8
HOA Y/N No
Year Built 1967
Lot Size 5,007 Sqft
Acres 0.11
Property Description
Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.
Location
State CA
County Los Angeles
Area Listing
Zoning MNRH
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 4166010021
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
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