1436 Manhattan Beach Blvd - Multi-Family FOR SALE


Manhattan Beach, CA 90266
$2,650,000 USD
310-908-5092
1436 Manhattan Beach Blvd, Manhattan Beach, CA for Sale
$2,650,000 USD
Multi-Family - FOR SALE
1/10
null | 4.18% Cap Rate

1436 Manhattan Beach Blvd
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Unit mix: (2) 1-bed/1-bath, (1) 2-bed/1-bath, (1) 3-bed/2-bath
  • Select units feature new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers
  • The building was recently painted and is designed for low maintenance, with ownership responsible for minimal expenses
  • (4) on-site single-car garages, owned laundry machines, mostly copper plumbing
  • New electrical system has been paid for and is pending installation
  • Subject to AB 1482 statewide rent control (currently allows 8% annual increases: 5% + CPI)

OVERVIEW

Welcome to 1436 Manhattan Beach Blvd, a well-located 4-unit apartment building in the heart of Manhattan Beach. The property offers a desirable unit mix of (2) 1-bed/1-bath, (1) 2-bed/1-bath, and (1) 3-bed/2-bath. Select units have been updated with new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers. The building itself was recently painted and designed for low maintenance, with ownership responsible only for water, sewer, and trash while tenants cover all remaining utilities. Additional highlights include (4) single-car garages, owned laundry machines, and mostly copper plumbing. A brand-new electrical system has already been paid for and is pending installation. The spacious 3-bedroom unit features a large private patio, making it an excellent option for an owner-user. The building is subject to AB 1482 statewide rent control, which currently allows annual increases of up to 8% (5% + CPI). Centrally located near award-winning schools, Target, Polliwog Park, Downtown Manhattan Beach, and the Pier, this property combines strong rental potential with an unbeatable coastal location. With steady tenant demand and limited multifamily supply in Manhattan Beach, the asset offers long-term stability and growth for both investors and owner-users alike.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$846 USD /SF

# OF UNITS

4

PRICE/UNIT

$662,500

CAP RATE

4.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4167-001-044

ASK ABOUT THIS PROPERTY

Robert SillmanLyon Stahl Investment Real EstateMore Info
310-908-5092

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Robert SillmanLyon Stahl Investment Real EstateMore Info
310-908-5092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.