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Key Details
Sold Price $3,900,000
Property Type Condo
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $1,484
MLS Listing ID SB25003599
Sold Date 02/06/25
Bedrooms 4
Full Baths 4
Year Built 1959
Property Sub-Type All Other Attached
Type of Financing Cash,Conventional,Exchange,Cash To New Loan
Property Type All Other Attached
Property Description
Priced to sell, this property is being listed for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents endless opportunities. Live in one unit and rent the others. Three brand new and presold condos are completing construction in 2025. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Location
State CA
County Los Angeles
Zoning MNRH
Direction Head North on Highland Ave, Turn left on 14th Street. Property will be on your left side
Interior
Heating Wall/Gravity
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Assigned, Garage
Garage Spaces 4.0
View Y/N Yes
Water Access Desc Public
View Ocean
Total Parking Spaces 10
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Bought with Akash Rohera Rohera Capital
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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