1534 Manhattan Beach Blvd - Multi-Family FOR SALE


Manhattan Beach, CA 90266
$2,995,000 USD
310-613-1251
1534 Manhattan Beach Blvd, Manhattan Beach, CA for Sale
$2,995,000 USD
Multi-Family - FOR SALE
1/42
null | 4% Cap Rate

1534 Manhattan Beach Blvd
Manhattan Beach, CA 90266


HIGHLIGHTS

  • 4 units: (1) 3-bed 2-bath, (1) 2-bed 1-bath, & (2) 1-bed 1-bath
  • In-place Cap Rate: 4.00% & In-place GRM: 17.46
  • 8 total parking w/ 4 garage spaces
  • Conveniently located to Downtown Manhattan Beach, Polliwog Park, MBMS, & the 405 Freeway

OVERVIEW

Prime 4-unit investment opportunity in the heart of Manhattan Beach. Located at 1534 Manhattan Beach Blvd, this well-maintained property features a desirable unit mix with a fully detached spacious 3-bedroom, 2-bath front unit with a private deck and private back yard, two recently remodeled 1-bedroom, 1-bath units, and a 2-bedroom, 1-bath unit. All units are in excellent condition, offering strong tenant appeal and minimal upkeep. The property provides four enclosed garage spaces. Ideally positioned just minutes from Downtown Manhattan Beach, Hermosa Beach, and El Segundo, residents enjoy easy access to award-winning schools, shopping, dining, the 405 freeway, and major commuter routes. This is a rare chance to own a turnkey, income-producing asset in one of the South Bay’s most sought-after rental markets.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$964 USD /SF

# OF UNITS

4

PRICE/UNIT

$748,750

CAP RATE

4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4164-032-006

ASK ABOUT THIS PROPERTY

Austin ZahnLyon Stahl Investment Real Estate, Inc.More Info
310-613-1251

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Austin ZahnLyon Stahl Investment Real Estate, Inc.More Info
310-613-1251

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