1446 12th Street, Manhattan Beach, CA 90266 - MLS#PV24224558

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Anthony Napoli

Hunter & Maddox International Inc

realestate@anthonynapoli.com +1(619) 750-3558

$3,500,000

Est. payment - /mo

9 Beds

8 Baths

7,010 Sqft Lot

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UPDATED:

11/14/2024 03:34 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV24224558

Bedrooms 9

HOA Y/N No

Lot Size 7,010 Sqft

Property Description

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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.
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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 Manhattan Beach (90266)

Zoning Assessor

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $69

Acceptable Financing Cash

Space Rent $3,800

Listing Terms Cash

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Listed by Jim Ghannadi • RE/MAX Estate Properties

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

1446 12th Street Manhattan Beach, CA 90266

Anthony Napoli

Key Details

Location

Exterior

Building

Others

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