1250 Manhattan Beach

Manhattan Beach, CA 90266 View Map $2,400,000 Schedule a Showing
Acres0.12
Year1960
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Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:19498006
On Site:17 Days
Lot Size:0.12 Acres
County:Los Angeles
A four-unit investment property in Manhattan Beach, California. The property is located between Meadows Avenue and Sepulveda Blvd just blocks from Polliwog Park and the Manhattan Beach Middle School. This area is a solid majority-renter market with low vacancy rates.1250 Manhattan Beach Blvd consists of three one Bedroom one Bathroom units and one three Bedroom one Bathroom unit. All of the units are separately metered for gas and electricity. The property also offers four garage spaces. Due to its location and vintage of building, this property does not fall under Los Angeles Rent Control. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:1250 Manhattan Beach Manhattan Beach, CA 90266
Zip Code:90266

Architecture

Year Built:1960

Property Features

Lot Size: 0.12 Acres / 5080 Sq. Ft.
Zoning:MNRH
Directions:Corner of Meadows Ave and MB Blvd

Tax and Financial Info

Electric Expense: 833.00
Insurance Expense: 2000.00
Maintenance Expense: 2600.00
Water / Sewer Expense: 833.00
Total Expenses: 39781.00
Gross Operating Income: 76800.00

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1250 Manhattan Beach Manhattan Beach, CA 90266
 
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Listing Information Last Updated 8/25/2019
Listing provided courtesy of Jonathan Weir, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/25/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Summary:

Home for sale at .

Description: The property at 1250 Manhattan Beach Manhattan Beach, CA 90266 in the subdivision with the MLS# 19498006 is currently listed for $2,400,000 and has been on the market for 16 days.

GeoCoordinates:

33.887102
-118.392025

Listing Price: $2,400,000

You are viewing the CRMLS listing details of the home for sale at 1250 Manhattan Beach Manhattan Beach, CA 90266, which features 0 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.