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1345 Manhattan Beach Boulevard

Manhattan Beach, CA 90266

– beds
– baths
– sqft
5,007 sqft lot
1967 build
– on site

More homes

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.

Listed By CRMLS_CA / Woody Stahl / Lyon Stahl Investment Real Est / woody@lyonstahl.com

Last checked: Checking… • Last updated Jan 17, 2025 •

MLS# PW24210819 —

The Building

Year Built:

1967
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3942.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

1 Parcel from Manhattan Beach Blvd and N Rowell Ave
Latitude:

33.88763600
Longitude:

-118.39012300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

MNRH
Lot Features:

2-5 Units/Acre
Lot Size Area:

5007.0000
Lot Size Acres:

0.1149
Lot Size SqFt:

5007.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

59
Tax Census Tract:

6204.00
Tax Tract:

141
Tax Lot:

21

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4166010021
Showings Begin:

2024-10-15

Heating & Cooling

Heating:

None
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/4/24 Dec 4, 2024		BRIDGE	$2,850,000
12/3/24 Dec 3, 2024	Sold Subject To Contingencies	CRMLS_CA	$2,850,000
10/15/24 Oct 15, 2024	Listed / Active	CRMLS_CA	$2,850,000	-0.9% (-0.1% / YR)

Multifamily Sold on 1/7/2025

$2,772,500

Listing provided by broker:

Woody Stahl

Lyon Stahl Investment Real Est

woody@lyonstahl.com

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Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Est. Based on information from California Regional Multiple Listing Service, Inc. as of 18:23 on Jan 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1345 Manhattan Beach Boulevard

Manhattan Beach, CA 90266