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    1230 Manhattan Beach Blvd

    Manhattan Beach, CA 90266
    • $2,575,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 21-683148
    UPDATED: 43 min ago
    $2,575,000
    • 6
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,692
      SQFT
    • $697
      $/SQFT
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    For the first time on the market in 40-years, 1230 Manhattan Beach Boulevard is a 4-unit apartment in Manhattan Beach. Located just over a mile from the sand, the property boasts a total of 3,692-square feet of living space, 4 enclosed garage parking spaces, and 5,063-square feet of land. Due to the offering being a 4-Unit property, an investor can attain residential financing at ultra-low-rates. It is of walking distance to Space Park and the Manhattan Beach Pier. 1230 Manhattan Beach Boulevard consists of (1) 3-Bedroom/2-Bathroom unit, (2) 1-Bedroom/1-Bathroom units and (1) vacant 1-Bedroom/1-Bathroom unit. With one vacancy, this presents a once in a lifetime investment and owner-user opportunity. Additionally, the property contains an on-site laundry and the 3-Bedroom unit contains washer and dryer hook-ups.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-05T16:43:11.467. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/113471874
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    1230 Manhattan Beach Blvd Manhattan Beach, CA 90266

    • Price: $2,575,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 21-683148
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,692
    SQFT
    $697
    $/SQFT
    1960
    Built
    Neighborhood:
    Manhattan Beach Mira Costa
    County:
    Los Angeles
    Area:
    Manhattan Beach Mira Costa
    Property Description
    For the first time on the market in 40-years, 1230 Manhattan Beach Boulevard is a 4-unit apartment in Manhattan Beach. Located just over a mile from the sand, the property boasts a total of 3,692-square feet of living space, 4 enclosed garage parking spaces, and 5,063-square feet of land. Due to the offering being a 4-Unit property, an investor can attain residential financing at ultra-low-rates. It is of walking distance to Space Park and the Manhattan Beach Pier. 1230 Manhattan Beach Boulevard consists of (1) 3-Bedroom/2-Bathroom unit, (2) 1-Bedroom/1-Bathroom units and (1) vacant 1-Bedroom/1-Bathroom unit. With one vacancy, this presents a once in a lifetime investment and owner-user opportunity. Additionally, the property contains an on-site laundry and the 3-Bedroom unit contains washer and dryer hook-ups.
    Exterior Features

    Cross Streets Manhattan Beach Boulevard & Meadows Avenue Lot Size Area 5063 Other Structures None Parking Garage Garage Paved YN Yes Total Parking 4

    Interior Features

    Baths Total 5.00 Common Walls Attached Cooling Other Equipment Other Heating Other Laundry Laundry Area

    Property Features

    Assessed Total Value 952920 Gross Income 110000 Gross Operating Income 106706 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 62871.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Total Annual Expense 43834 Type Of Units 3 +21 +1 Year Built Source Estimated Zoning Mnrh

    Listing provided courtesy of Gianluca Jacoli DRE#01938297 of Shield Cre, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-05T16:43:11.467. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377