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$ 3,500,000
Est. payment | /mo
7,008 Sqft Lot
$ 3,500,000
Est. payment | /mo
7,008 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV24224558
HOA Y/N No
Year Built 1966
Lot Size 7,008 Sqft
Property Description
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don’t miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14,000 square feet of livable space. Current rents are below market.
Location
State CA
County Los Angeles
Area 146 - Manhattan Bch Heights/Lib Vlg
Zoning MNRH
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned, Door-Multi, Garage
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4166009005
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
Listed by Jim Ghannadi • RE/MAX Estate Properties • 310-686-5040