Listing Courtesy of: CRMLS / Lyon Stahl Investment Real Estate, Inc. / Christopher Van Vuuren / CENTURY 21 Union Realty Co. / Sergey Evangelista - Contact: 714-655-0098
1220 Manhattan Beach Boulevard Manhattan Beach, CA 90266
Pending (160 Days)
$2,400,000
2,840
SQFT
Description
MLS #:
SB24119431
SB24119431
Lot Size
5,057 SQFT
5,057 SQFT
Type
Multifamily
Multifamily
Year Built
1957
1957
County
Los Angeles County
Los Angeles County
Listed By
Christopher Van Vuuren, Lyon Stahl Investment Real Estate, Inc., Contact: 714-655-0098
Sergey Evangelista, DRE #02043828 CA, CENTURY 21 Union Realty Co.
Sergey Evangelista, DRE #02043828 CA, CENTURY 21 Union Realty Co.
Source
CRMLS
Last checked Nov 21 2024 at 7:02 AM GMT+0000
CRMLS
Last checked Nov 21 2024 at 7:02 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Inside
Lot Information
- Rectangular Lot
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Lyon Stahl Investment Real Estate, Inc. | 714-655-0098
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Nov 01, 2024
Price Changed
$2,400,000
-2%
-50,000
Jul 16, 2024
Price Changed
$2,450,000
-2%
-50,000
Jul 09, 2024
Price Changed
$2,500,000
-2%
-50,000
Jun 11, 2024
Original Price
$2,550,000
-
-
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Union Realty Co. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Centrally located in the heart of Manhattan Beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. The area boasts a strong rental market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential.
The single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. Additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. All units are equipped with in-unit laundry facilities, providing modern convenience for tenants. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. With four one-car garages, this property caters to the parking needs of its residents.
1220 Manhattan Beach Blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. Positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying the luxurious coastal living that makes Manhattan Beach highly desirable. Investors will appreciate the property's steady rental income, potential for appreciation in value, and the long-term stability of this robust and resilient market. Seize the opportunity to be a part of the Manhattan Beach real estate success story and reap the numerous benefits it can add to your investment portfolio.