1601 Artesia Blvd | Manhattan Beach, CA 90266
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1601 Artesia Blvd
Manhattan Beach, CA 90266
The Villa Nova...one of MB's biggest. · Multifamily Property For Sale
·
21 Units
Investment Highlights
- First time on market in decades
- Massive, 80% upside in rent
- Highly visible locaiton
- Tremendous development potential
Property Facts
| No. Units | 21 | Building Size | 15,588 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | MNRH - Add or ADUs over the parking or build as many as 30+/- townhomes or condos can go on-site. 21 by right then 35% more with density bonuses. (BTV) | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 15,588 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | MNRH - Add or ADUs over the parking or build as many as 30+/- townhomes or condos can go on-site. 21 by right then 35% more with density bonuses. (BTV) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 8 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 4163-009-027 | Improvements Assessment | $1,530,000 |
| Land Assessment | $7,701,000 | Total Assessment | $9,231,000 |
Property Taxes
Parcel Number
4163-009-027
Land Assessment
$7,701,000
Improvements Assessment
$1,530,000
Total Assessment
$9,231,000
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