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Sold for $2,772,500 on 01/07/25
  • Listing Provided by: 

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    $2,772,500

    1345 Manhattan Beach Blvd, Manhattan Beach, CA 90266

    --beds
    --baths
    3,942sqft
    Quadruplex
    Built in 1967
    -- sqft lot
    $2,723,700 Zestimate®
    $703/sqft
    $6,947 Estimated rent

    What's special

    Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 06:16pm

    Listing Provided by:

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Robert Sillman, DRE #02145409

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: PW24210819MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,942
    • Total interior livable area: 3,942 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,007 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4166010021
    • Zoning: MNRH
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Manhattan Beach

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $2,723,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,723,700