$4,500,000
$4,750,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2,700 Sqft Lot
SOLD DATE : 04/24/2025
Key Details
Sold Price $4,500,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25049784
Sold Date 04/24/25
HOA Y/N No
Rental Info Month To Month
Year Built 1920
Lot Size 2,700 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Investment Opportunity 7-Unit Coastal Gem in Manhattan Beach. Located just steps from the sand and surf, this exceptional seven-unit property in Manhattan Beach offers an unbeatable location on the highly sought-after walk streets, west of Highland Avenue. Just south of the Manhattan Beach Pier and the vibrant downtown Manhattan Beach scene, this Strand-adjacent building is the perfect opportunity for investors seeking strong rental demand in one of Southern California's most desirable beachfront communities. This well-maintained property features six spacious 1-bedroom, 1-bathroom units and 1 charming studio apartment, all designed to capture the relaxed coastal lifestyle that makes Manhattan Beach so special. Tenants will enjoy the convenience of being just a few blocks from world-class dining, boutique shopping, coffee shops, and the iconic Manhattan Beach Strand, where breathtaking ocean views and beachside living define the neighborhood's appeal.
With an unbeatable location, strong rental upside, and the endless appeal of Manhattan Beach living, this rare multi-unit offering presents an incredible opportunity for investors or owner-users looking to capitalize on prime coastal real estate. Don't miss your chance to own a piece of this prestigious beachside community!
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNRM
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features One Space
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Cable Available
View Y/N Yes
View Ocean
Roof Type Flat
Total Parking Spaces 4
Private Pool No
Building
Lot Description Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4179014006
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash,Cash to Loan
Special Listing Condition Standard
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Bought with Sera Najarian • Douglas Elliman of California, Inc