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$2,772,500

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
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Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.

Full Property Details for 1345 Manhattan Beach Blvd

General

  • Sold For: $2,772,500
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW24210819
  • Added to Site: 465 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: 146 - Manhattan Bch Heights/Lib Vlg
  • County: Los Angeles
  • Development Name: 146 - Manhattan Bch Heights/Lib Vlg
  • Driving Directions: 1 Parcel from Manhattan Beach Blvd and N Rowell Ave

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: 1
  • Square Feet: 3,942
  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 0.1149
  • Lot Size Source: Assessor
  • Zoning: MNRH
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $703.32
  • Price Per Unit: 712500

Listed by Lyon Stahl Investment Real Est, Woody Stahl and Lyon Stahl Investment Real Estate, Inc., Brett Lyon
Sold by Lyon Stahl Investment Real Estate, Inc., Robert Sillman

Listing agents

— 1345 Manhattan Beach Blvd —

  • Woody Stahl

    Lyon Stahl Investment Real Est

  • Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

woody@lyonstahl.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1345 Manhattan Beach Blvd

School District:Manhattan Beach Unified School District
NameGradesDistance
Meadows Avenue Elementary School
1200 Meadows Ave., Manhattan Beach, CA 90266
K-50.1 mi
Manhattan Beach Middle School
1501 North Redondo Avenue, Manhattan Beach, CA 90266
6-80.4 mi
Mira Costa High School
1401 Artesia Boulevard, Manhattan Beach, CA 90266
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1345 Manhattan Beach Blvd

Date
Details
Price
Change
Source
1/07/2025
Sold
$2,772,500
-2.72%
MLS
10/15/2024
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lyon Stahl Investment Real Est, Woody Stahl and Lyon Stahl Investment Real Estate, Inc., Brett Lyon
Sold by Lyon Stahl Investment Real Estate, Inc., Robert Sillman

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Price Reduced near 1345 Manhattan Beach Blvd

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Recent Sales near 1345 Manhattan Beach Blvd

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1505 11th St, Manhattan Beach, CA 90266 - Photo 1 Sold
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1345 Manhattan Beach Boulevard, Manhattan Beach, CA 90266 (MLS# PW24210819) is a Multi-Family property that was sold at $2,772,500 on January 07, 2025. Want to learn more about 1345 Manhattan Beach Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Manhattan Beach? You can browse all Manhattan Beach real estate or contact a Coldwell Banker agent to request more information.