1436 12TH Street, Manhattan Beach, CA 90266

$5,245,000
List Price
$5,245,000
Status
ACTIVE
MLS#
17251966
Year Built
1973
Lot Size
10,503
Days on Market
6
Property Type
Multifamily

Property Description

-Seven Spacious Two-Story Townhouse Style Two-Bedroom/Two-Bathroom Apartments -Separate 640-Square Foot Building with 12 Foot Ceilings Full Plumbing and Electrical, & Potential to be Converted into an Eighth Unit, Dramatically Increasing Rental Revenue -45% in Rental Upside with Fully Remodeled Interiors & 59% with Additional Unit -Non-Rent Controlled Asset in One of California's Most Sought After Locations -Huge 10,503-Square Foot Lot - Prime for New Development for Condominiums* -15 Parking Spaces & Laundry Facility On-Site*Buyer to verify

Additional Information

Cooling
Yes
Cooling Description
See Remarks

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Listing courtesy of CBC Advisors.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.