740 Manhattan Beach Blvd
Manhattan Beach, CA 90266
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 4,722 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Zoning | MNRH | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,722 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | MNRH |
About 740 MANHATTAN BEACH BLVD , MANHATTAN BEACH, CA 90266
Marcus & Millichap is pleased to present 740 Manhattan Beach Boulevard, 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.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $2,975 | - |
| 1+1 | 3 | $2,550 | - |
Property Taxes
| Parcel Number | 4170-022-034 | Improvements Assessment | $2,398,363 |
| Land Assessment | $2,231,036 | Total Assessment | $4,629,399 |
Property Taxes
