1250 Manhattan Beach, Manhattan Beach, CA 90266
1250 Manhattan Beach, Manhattan Beach, CA 90266
1250 Manhattan Beach, Manhattan Beach, CA 90266
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,045,000
Est. payment /mo
5,079 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26176556

HOA Y/N No

Year Built 1960

Lot Size 5,079 Sqft

Property Sub-Type Quadruplex

Property Description

1250 Manhattan Beach Boulevard is a turnkey fourplex in sought-after Manhattan Beach, California. This offering presents an exciting opportunity to acquire a thoughtfully renovated asset loaded with quality upgrades and amenities in a strong coastal submarket.

1250 Manhattan Beach Boulevard features a mix of one three-bed/two-bath and three one-bed/one-bath units. All units have been remodeled with brand new kitchens, new baths, in-unit laundry, LVP flooring, new vinyl windows, new water heaters, and more. This asset's extensive recent capital improvements list also includes a new roof, updated plumbing and electrical, and additional thoughtful upgrades to support ongoing property operations and support rental demand.

The property is located just one mile from the Manhattan Beach Pier, offering tenants easy access to the beach, dining, and retail (Target is less than a block away). This area boasts a strong tenant base: the average household income within one mile is over $216,000.

This asset's extensive list of recent upgrades make it a pride-of-ownership asset and an excellent acquisition opportunity for any investor looking for a turnkey South Bay asset.

Location

State CA

County Los Angeles

Area 147 - Manhattan Bch Mira Costa

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4167015002

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com, DRE #01332755

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