1446 12th ST new

Manhattan Beach,CA 90266

$ 3500000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV24224558

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

Laundry Inside

Exterior

Garage Assigned,Door-Multi,Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Submit

Listing Terms Cash,Cash to New Loan,Submit

Special Listing Condition Standard

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