$3,500,000
1446 12th Street Manhattan Beach, CA 90266
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Jim Ghannadi • RE/MAX Estate Properties
$3,500,000
Est. payment /mo
4,514 SqFt
UPDATED:
11/15/2024 04:16 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,514 sqft
Price per Sqft $775
MLS Listing ID CRPV24224558
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1966
Lot Size 7,010 Sqft
Property Description
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don�??t 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
Interior
Fireplace No
Laundry Inside
Building
Water Public
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