740 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

$4,350,000
List Price
$4,350,000
Status
ACTIVE
MLS#
PW18165748
Year Built
1961
Lot Size
5,457
Lot Location
Lot Shape-Rectangular
Days on Market
72
Property Type
Multifamily

Property Description

740 Manhattan Beach Boulevard IS a completely renovated six-unit apartment building just a half-mile from the Manhattan Beach Pier in Manhattan Beach, California. Tenants enjoy the property’s highly sought after location near the beach and numerous popular dining, shopping and entertainment opportunities. This turnkey asset consists of a 1961 construction with three two-bedroom and three one-bedroom units that have each recently undergone a $30,000 renovation. The units boast new modern kitchens with stainless steel appliances, new bathrooms, upgraded flooring and more. Additionally, the units are separately metered for gas and electricity. The property also features two two-car garages in the front and two single-car garages in the rear. With its excellent location, turnkey condition, and potential upside in rents, 740 Manhattan Beach Boulevard presents an excellent investment opportunity.

Additional Information

Tract Number
2622
Lot Description
Suburban
Pool Description
None
Garage Spaces Total
6
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Steven Bogoyevac from Steven M. Bogoyevac, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.