310. 991. 3946
1220 Manhattan Beach
Manhattan Beach, CA 90266
For Sale Now!
Call 310-991-3946 to upgrade your investment portfolio
1220 Manhattan Beach Blvd, Manhattan Beach, CA 90266
6 bd | 5 ba | 2,840 sqft | 5,057 sqft lot
Priced at: $2,400,000 | $11K Income | 3.97% Cap Rate | 18.48 GRM
A fourplex with walkability to multiple highly rated K-12 schools, various grocery stores from Target, Trader Joes, Ralphs, and Gelsons, one of the South Bay's largest and most beautiful parks (Polliwog Park), tennis/basketball courts, and even an art gallery. Just a straight shot down Manhattan Beach Blvd to reach the beach, or a right on PCH to get to the Manhattan Village Shopping Mall & Manhattan Country Club.
Be a landlord or homeowner in one of the most premiere and luxurious communities in Los Angeles.
Call 310-991-3946 to schedule a viewing.
With a massive new luxury senior living development around the corner, and companies spending millions to stay and cement their presence in Manhattan Beach (like the massive Skechers HQ expansion), it's clear that businesses are seeing rising potential in this contemporary beach town, and tenants will fight to earn a home in this beautiful and developing neighborhood.
Add this premier beach city property to your portfolio!
Call 310-991-3946 to schedule your tour today!
Unit A
1 bd | 1 ba
The first unit is located directly off of Manhattan Beach Blvd. It is the front & West unit and features studio lighting, exposed wooden beams, and is full of various wood textures as well as stone counters.
It features one bedroom, one bath, and comes with it's own washer & dryer.
Current Rent: $2,250
Estimated Market Potential: $2,750
Unit B
2 bd | 2 ba | + Den | + Patio
This is the premiere unit at this 4 plex. Located in the far West & rear of the building, it's tucked away from traffic and is accessed by a walkway. This unit features some of the most original & extensive remodels of the units, with it's very own secret extra family room/bedroom tucked away in the basement den, including it's very own full renovated bath.
Current Rent: $3,800
Estimated Market Potential: $4,350
Unit C
1 bd | 1 ba
This is the second of the 1-bed 1-bath units, facing Manhattan Beach Blvd. This unit is located on the East side of the building.
The warm skylight brings out the warm natural tones of the tile & wood floors and wood cabinets. A clean, comfortable unit with it's own washer & dryer in the kitchen.
Current Rent: VACANT!
Estimated Market Potential: $2,750
Unit D
2 bd | 1 ba
The rear East unit has the same accommodations as the others, with it's own washer and dryer, an off-street detached garage, and an exposed beam cathedral ceiling. Like the other rear unit, this one features a second bedroom and an outdoor patio just behind the building. The darker wood-colors of the paneling, beams, and floors combined with the natural lighting of the skylight work well to create a tropical feel for this unit. This is further emphasized by the unique green bathroom, giving the unit a splash of color.
Current Rent: $2,200
Estimated Market Potential: $3,500