4162 Manhattan Beach Boulevard
Lawndale, CA 90260
- – beds
- – baths
- – sqft
- 5,048 sqft lot
- 1985 build
- – on site
4162 Manhattan Beach Blvd is a prime investment and potential owner-user opportunity located in Lawndale. This value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. The property features a 2-car garage attached to the front unit and a 4-car garage with back alley access. With significant upside potential, the property delivers an impressive 6.51% market CAP rate and 10.79 market GRM with potential to maximize income through eligible 8.9% rent increases for every unit. Priced at $375,000 per unit and $268 per square foot, it offers exceptional value with room for growth. There is also an appraisal on file in October 2024 for $1.771M. Conveniently situated near the scenic Alondra Park Golf Course and just minutes from Manhattan Beach, this property’s location adds to its tenant appeal. Don’t miss this opportunity to invest in a high-demand South Bay area with strong long-term potential!
Listed By CRMLS_CA / Woody Stahl / Lyon Stahl Investment Real Est / broker@lyonstahl.com
Last checked:
Checking…
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Last updated Dec 18, 2024
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MLS# PW24246777 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1985
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5580.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:4 Parcels Weast of MB Blvd and Freeman Ave
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Latitude:33.88708200
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Longitude:-118.34829300
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LNR3YY
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Lot Features:2-5 Units/Acre
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Lot Size Area:5048.0000
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Lot Size Acres:0.1159
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Lot Size SqFt:5048.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:7422
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Tax Lot:25
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4074008004
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Biking
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:6.00
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Garage Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/9/24
Dec 9, 2024
|
Listed / Active | CRMLS_CA | $1,500,000 |