1345 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

About this fourplex

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.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$2,772,500

Sold January 2025 · listed $2,850,000, on market October 2024 · MLS #PW24210819 · Source: CRMLS

Listing Agent: Woody Stahl · Listing Office: Lyon Stahl Investment Real Est · Contact: woody@lyonstahl.com · Bought with: Robert Sillman · Lyon Stahl Investment Real Estate, Inc.

$2,875,000

Sold January 2017 · orig. $2,995,000, on market August 2016 · MLS #SB16192221 · Source: CRMLS

Listing Agent: Adam Barshay · Listing Office: Barshay Real Estate, Inc. · Contact: 310-937-1501 · Bought with: Christopher Eto · Stasia America Properties, Inc

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