220 14th Street

Manhattan Beach, CA 90266 View Map $4,699,000 Schedule a Tour
Acres0.1
Year1959
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Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:20632470
On Site:5 Days
Lot Size:0.1 Acres
County:Los Angeles
The combined offering is made up of 2 contiguous lots with a triplex on one (216 14th) and 4-plex on the other lot (220 14th). Seller's preference is to sell them together. The investment affords a Buyer a multifaceted opportunity the chance to cash flow #1 and #2 enjoy the inevitable capital appreciation that a world-renowned beach location brings. And of course, there's the option to develop new luxury apartments, condos, townhomes or a single-family residence with ADUs. The lots are larger than many in the sand section and go street-to-alley making development very easy. Many sand section lots are 30 x 90, whereas these parcels are 34 x 123.

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

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Community Information

Address:220 14th Street Manhattan Beach, CA 90266
Zip Code:90266

Architecture

Year Built:1959
Total Units: 4
Unit 1: 1 Unit•1 Bed•1 Bath•Unfurnished•$3,300 actual rent•$3,300 total rent•$3,600 pro forma
Unit 6: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,800 actual rent•$2,800 total rent•$3,600 pro forma
Unit 7: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,950 actual rent•$2,950 total rent•$3,600 pro forma
Unit 8: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,875 actual rent•$2,875 total rent•$3,600 pro forma
Parking: Garage

Features / Amenities

Heating Type: Wall Furnace

Property Features

Lot Size: 0.1 Acres / 4192 Sq. Ft.
Zoning:MNRH
Directions:From Highland Ave, head west on 14th to 220 14th St.

Tax and Financial Info

Total Expenses: 64881.00
Gross Annual Income: 143100.00
Gross Operating Income: 138807.00

Schools

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220 14th Street Manhattan Beach, CA 90266
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220 14th Street Manhattan Beach, CA 90266
 
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Listing provided courtesy of Brice Head, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of September 18, 2020. 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. IDX provided by Sierra Interactive.

Property Summary:

Home for sale at .

Description: The property at 220 14th Street Manhattan Beach, CA 90266 in the subdivision with the MLS# 20632470 is currently listed for $4,699,000 and has been on the market for 4 days.

GeoCoordinates:

33.886632
-118.411083

Listing Price: $4,699,000

You are viewing the CRMLS listing details of the home for sale at 220 14th Street Manhattan Beach, CA 90266, which features 0 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.