$2,772,500
Sold

1345 Manhattan Beach Boulevard

Manhattan Beach, CA 90266
0.11 acres | #PW24210819
Listing OfficeLyon Stahl Investment Real Est
Browse 2 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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

Derek KindReal Estate Group

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