$4,499,000 Price Analysis   ♡   Manhattan Beach, CA 90266 4 bed 4 bath 2,628 SqFt ($1711/SqFt) 4,192SqFt lot. Built 1959 Listed 2024-05-06, Taxes $29,086 | Ⓧ USDA Ineligible due to price & location near Manhattan Beach |
Exceptional 4-unit apartment building steps away from downtown and the iconic Manhattan Beach Pier.
Nestled 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a seco nd bedroom. Situated on an oversized 4, 190 square foot sand section lot, extending from street to lley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door.
Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, adjusting rent positioning, 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.
Property MLS #SB24090912 from CRMLS
Bedrooms On Main Level: 4
Full Bathrooms: 4
Bathrooms On Main Level: 4
Heating: Yes
Lot Size Acres: 0.0962351
Lot Size Source: Assessor
Lot Size Square Feet: 4192
Garage Description: Detached
Parking Features: Parking YN: Yes, Parking Features: Assigned, Garage, Uncovered
Parking Total: 10
Uncovered Spaces: 6.00
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: Head North on Highland Ave, Turn left on 14th Street. Property will be on your left side
Source Property Type: Residential
Area: 142 - Manhattan Bch Sand
Source Neighborhood: 142 - Manhattan Bch Sand
Parcel Number: 4179025003
Walk Score: 94
Zoning: MNRH
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $994,227 + $1,538,691 $2,532,918 | $29,086 |
| 2021 | $974,733 + $1,508,521 $2,483,254 | $28,672 |
| 2020 | $964,739 + $1,493,053 $2,457,792 | $28,411 |
| 2019 | $945,823 + $1,463,778 $2,409,601 | $27,907 |
| 2018 | $927,278 + $1,435,077 $2,362,355 | $27,328 |
| 2017 | $909,097 + $1,406,939 $2,316,036 | $26,597 |
| 2016 | $891,272 + $1,379,352 $2,270,624 | $25,473 |
| 2015 | $877,885 + $1,358,633 $2,236,518 | $24,947 |
| 2014 | $860,689 + $1,332,020 $2,192,709 | $24,613 |
| 2013 | $856,800 + $1,326,000 $2,182,800 | $24,456 |
| 2012 | $840,000 + $1,300,000 $2,140,000 | $23,824 |
| 2010 | $100,000 + $2,080,000 $2,180,000 | $23,801 |
| 2009 | $150,000 + $2,350,000 $2,500,000 | $27,074 |
| 2009 | $100,000 + $2,080,000 $2,180,000 | $27,074 |
| 2008 | $153,000 + $3,111,000 $3,264,000 | $35,106 |
| 2007 | $429,435 + $682,183 $1,111,618 | $12,297 |
$4,499,000
CRMLS
Price Changed 2024-06-03
$4,499,000
CRMLS
Listed 2024-05-06
$4,599,000
CRMLS
Listed 2024-05-06
$4,599,000
CRMLS
Sold 2022-03-16
$4,000,000
Public Record
Listing removed 2021-03-08
$0
TheMLSCLAW
Listed 2020-09-14
$4,699,000
TheMLSCLAW
Sold 2011-12-12
$2,140,000
Public Record
Listing removed 2009-02-22
$3,992,000
CRMLS
Listing removed 2009-02-15
$3,992,000
CRMLS
Listed 2008-09-02
$3,997,000
CRMLS
Sold 2007-05-15
$3,200,000
Public Record
Sold 1999-02-02
$950,000
Public Record
Sold 1972-01-05
$950,000
Public Record
Year Built: 1959
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Side
Living Area Source: Assessor
Property Age: 65
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.