CA > Manhattan Beach
Manhattan Beach, CA 90266,1436 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1436 Manhattan Beach Boulevard
Manhattan Beach, CA 90266,1436 Manhattan Beach Boulevard
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$2,550,000
Est. payment /mo
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7 Beds
5 Baths
3,131 SqFt
Price Dropped by $100K

1436 Manhattan Beach Boulevard Manhattan Beach, CA 90266

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Damon Cuccia

Damon Cuccia

+1(619) 370-3777

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,131 sqft

Price per Sqft $814

MLS Listing ID SB25200460

Bedrooms 7

Full Baths 5

Year Built 1955

Lot Size 4,902 Sqft

Property Sub-Type All Other Attached

Property Description

$100,000 Price Improvement + 4.63% CAP Rate + Newly Vacant & Renovated 1-Bed Unit! 1436 Manhattan Beach Blvd offers a desirable unit mix of (2) 1-bed/1-bath, (1) 2-bed/1-bath, and (1) 3-bed/2-bath. Select units have been updated with new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers. The building itself was recently painted and designed for low maintenance, with ownership responsible only for water, sewer, and trash while tenants cover all remaining utilities. Additional highlights include (4) single-car garages, owned laundry machines, and mostly copper plumbing. A brand-new electrical system has already been paid for and is pending installation. The spacious 3-bedroom unit features a large private patio, making it an excellent option for an owner-user. The building is subject to AB 1482 statewide rent control, which currently allows annual increases of up to 8% (5% + CPI). 3 units are eligible for a rent increase now. Centrally located near award-winning schools, Target, Polliwog Park, Downtown Manhattan Beach, and the Pier, this property combines strong rental potential with an unbeatable coastal location. With steady tenant demand and limited multifamily supply in Manhattan Beach, the asset offers long-term stability and growth for both investors and owner-users alike.

Location

State CA

County Los Angeles

Zoning MNRH

Direction South Side of MB Blvd between Rowell Ave and Peck Ave

Interior

Heating Other/Remarks

Cooling Other/Remarks

Fireplace No

Exterior

Garage Spaces 4.0

View Y/N Yes

Water Access Desc Public

View City Lights

Roof Type Flat

Porch Patio

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 4167001044

Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Robert Sillman Lyon Stahl Investment Real Estate, Inc.

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Damon Cuccia

Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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1436 Manhattan Beach Boulevard