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Listed by Akash Rohera • Rohera Capital
$4,299,000
Est. payment /mo
4 Beds
4 Baths
2,628 SqFt
UPDATED:
11/28/2024 12:31 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $1,635
MLS Listing ID CRSB24090912
Bedrooms 4
Full Baths 4
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1959
Lot Size 4,192 Sqft
Property Description
Now being sold for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Dryer, In Garage, Washer
Exterior
Garage Spaces 4.0
Pool None
View Ocean
Private Pool false
Building
Story 2
Water Public
Schools
School District Manhattan Unified
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803