1446 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

$2,500,000
Sold Price
$2,500,000
List Price
$2,600,000
Closing Date
Aug 18, 2021
Status
CLOSED
MLS#
SB21107082
Year Built
1955
Lot Size
4,911
Acres
0.11
Lot Location
Gentle Sloping
Days on Market
79
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

***GREAT INVESTMENT/1031 EXCHANGE OPPORTUNITY!!! 4-UNIT INCOME PROPERTY (2) 1 BED/1 BATH (1) 2 BED/1 BATH (1) 3 BED/2 BATH*** 1446 Manhattan Beach Blvd offers four renovated apartments with a strong tenant mix. All units were updated in 2015 with vinyl wood flooring, and each unit has an individually operated garage space. There is a large 3 bedroom/2 bath front unit with a large bonus room that can be used as an extra bedroom, office, or exercise space. The two rear units are spacious 1 bedroom/1 bath that open onto a nicely landscaped rear patio for all tenants, with a shared BBQ and coin laundry facilities housed in its own building. Upstairs there is a large 2 bedroom/1 bath unit. The building is well-maintained and professionally managed.1446 offers a unique opportunity to own a strong 4 unit building in a prime Manhattan Beach location, centrally located to all schools and across the street from Polliwog Park.

Additional Information

Pool Description
None
Cooling Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$120,380
Operating Expense
38700

Listing courtesy of Listing Agent: Matt Waxman (mathew.waxman@gmail.com) from Listing Office: One Pacific Properties.

Listing sold by Audrey Judson from Strand Hill Christies International Real Estate

Mortgage Calculator

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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.