Listed by 714-655-0098 - Christopher Van Vuuren - DRE #02060007 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838 Listing Courtesy of: DRE #02043828
$2,400,000 affordable loan icon Calculate Payment

1220 Manhattan Beach Boulevard Manhattan Beach, CA 90266

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Apartment Residence
Beds
Baths
2,840 Sq. Ft.
0.12 Acre Lot

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Last updated on 11/24/2024 6:18 PM
FIRST TIME ON THE MARKET FOR SALE IN OVER 40 YEARS!! Centrally located in the heart of Manhattan Beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. The area boasts a strong rental market with historically low vacancy rates, m...aking this a prime asset with a compelling blend of stability and growth potential. The single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. Additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. All units are equipped with in-unit laundry facilities, providing modern convenience for tenants. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. With four one-car garages, this property caters to the parking needs of its residents. 1220 Manhattan Beach Blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. Positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying the luxurious coastal living that makes Manhattan Beach highly desirable. Investors will appreciate the property's steady rental income, potential for appreciation in value, and the long-term stability of this robust and resilient market. Seize the opportunity to be a part of the Manhattan Beach real estate success story and reap the numerous benefits it can add to your investment portfolio. Continue reading
MLS#
SB24119431
Property Type
Apartment
Status
Active Under Contract
Year Built
1957
Square Feet
2,840 sq. ft
Lot Size
0.12
Sewer
Public Sewer

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Listed by 714-655-0098 - Christopher Van Vuuren - DRE #02060007 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838 Listing Courtesy of: DRE #02043828
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/24/2024 6:18 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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