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Property listed by Rohera Capital, Akash Rohera {attribution_contact}
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.
Property Details and Features
Appliances & Equipment
- Dryer
- Washer
Bathrooms
- 4 main level bathrooms
- 4 full bathrooms
- 4 total bathrooms
Bedrooms
- 4 main level bedrooms
- 4 total bedrooms
Building
- Built in 1959
- Levels: Two
- Living area: 2628
- 2 stories
- Architectural style: ,Attached
- Common walls: OneCommonWall
Community
- Gutters
- Sidewalks
Cooling
- None
Fireplaces
- None
Garage
- 4 spaces
Heating
- WallFurnace
Interior Features
- AllBedroomsUp
- AllBedroomsDown
Laundry
- InGarage
Listing
- ListingID: SB24090912
- Standard status: Active
- 205 days on market
Location
- Country: US
Lot
- 0.0962 acres
- 4,192 square feet
- Size: 4,192
- RectangularLot
Parking
- 6 open parking spaces
- 10 totals parking
- Assigned
- Garage
- Uncovered
Pool
- None
Property
- Zoning: MNRH
- Ocean
Sewer
- PublicSewer