216 14th Street, Manhattan Beach, CA 90266

$4,550,000
Sold Price
$4,550,000
List Price
$5,250,000
Closing Date
Oct 03, 2019
Status
CLOSED
MLS#
SB19162707
Year Built
1950
Lot Size
4,190
Acres
0.10
Lot Location
21-25 Units/Acre, Value In Land
Days on Market
0
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

HUGE PRICE REDUCTION - One of the largest build-able lots near highly sought-after downtown MB – 4,190 sq. ft. lot zoned MNRH for High Density. According to the City, owner could potentially build 7,124 sq. ft. house or multiple Townhouse units. Amazing location below Highland Ave., just down the Hill from City Hall. Property currently consists of a Triplex, so Buyer could continue to receive rental income while preparing plans to build the Home of their Dreams. While the property is situated just a few blocks from downtown, the Pier and the ocean it is also just 6 LOTS from The Strand. Property being sold for Land value! Perfectly situated just 6 LOTS from the beach & 3 blocks to all of the incredible downtown restaurants, shops, etc. Beach living at its finest. Don't Miss This One of a Kind Opportunity!!!!! Buyer to verify all information regarding the lot and what could be built on it with the City of Manhattan Beach.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$66,000
Operating Expense
70000

Listing courtesy of Listing Agent: Michael Millea (Mike@TheEnsburyGroup.com) from Listing Office: Keller Williams Beach Cities.

Listing sold by Woody Stahl from Lyon Stahl Investment Real Est

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.