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1818 12th Street

Manhattan Beach, CA 90266
  • $3,000,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: SB25044919
UPDATED: 38 min ago
$3,000,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Michael Miller of Inland Pacific Management Company (310-376-9824)


Description

Prime Investment Opportunity in Manhattan Beach, CAWelcome to this exceptional 5-unit apartment building located in the heart of Manhattan Beach, CA. This property offers a unique investment opportunity in one of the most sought-after coastal communities in Southern California.Property Highlights:Unit Details: Each of the five units boasts approximately 550 sqft (buyer to verify) of well-designed living space, featuring 2 bedrooms and 1 bathroom.Modern Amenities: All units have been tastefully remodeled and come equipped with a stove, dishwasher, microwave, and refrigerator, ensuring a comfortable and convenient living experience for tenants.Parking: Each unit includes one carport space, providing secure and accessible parking.Laundry: The building offers a coin-operated laundry facility, adding an extra layer of convenience for residents.Location Benefits:Award-Winning School District: Manhattan Beach is renowned for its top-rated schools.Beautiful Beaches: Enjoy the stunning beaches just a short distance away, perfect for relaxation and recreation.Vibrant Downtown: The property is conveniently located a short drive to downtown Manhattan Beach, offering a variety of shops, dining options, and entertainment venues.This property is a fantastic opportunity for investors looking to capitalize on the high demand for rental units in Manhattan Beach. Don't miss out on this chance to own a piece of prime real estate in a thriving community.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160974523
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1818 12th Street Manhattan Beach, CA 90266

  • Price: $3,000,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 38 min ago
  • ID#: SB25044919
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1957
Built
Neighborhood:
146 - Manhattan Bch Heights/Lib Vlg
County:
Los Angeles
Area:
146 - Manhattan Bch Heights/Lib Vlg
Property Description
Prime Investment Opportunity in Manhattan Beach, CAWelcome to this exceptional 5-unit apartment building located in the heart of Manhattan Beach, CA. This property offers a unique investment opportunity in one of the most sought-after coastal communities in Southern California.Property Highlights:Unit Details: Each of the five units boasts approximately 550 sqft (buyer to verify) of well-designed living space, featuring 2 bedrooms and 1 bathroom.Modern Amenities: All units have been tastefully remodeled and come equipped with a stove, dishwasher, microwave, and refrigerator, ensuring a comfortable and convenient living experience for tenants.Parking: Each unit includes one carport space, providing secure and accessible parking.Laundry: The building offers a coin-operated laundry facility, adding an extra layer of convenience for residents.Location Benefits:Award-Winning School District: Manhattan Beach is renowned for its top-rated schools.Beautiful Beaches: Enjoy the stunning beaches just a short distance away, perfect for relaxation and recreation.Vibrant Downtown: The property is conveniently located a short drive to downtown Manhattan Beach, offering a variety of shops, dining options, and entertainment venues.This property is a fantastic opportunity for investors looking to capitalize on the high demand for rental units in Manhattan Beach. Don't miss out on this chance to own a piece of prime real estate in a thriving community.
Exterior Features

Architectural Style Traditional Carport Spaces 5 Carport YN Yes Construction Materials StuccoCopper Plumbing Entry Level 1 Entry Location front Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 0 Parking Features AssignedCarport Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances DishwasherFree-Standing RangeDisposalMicrowaveRefrigerator Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features BathGasKitchenLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Interior Features Storage

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsParkStreet LightsSuburbanSidewalks Current Financing Conventional Electric Standard Electric Expense 660 Fuel Expense 1050 Garage YN No Gross Income 0 Gross Scheduled Income 149820 Insurance Expense 2316 Land Lease YN No Laundry Features In Carport Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 17091 Net Operating Income 100909 New Construction YN No New Taxes Expense 33510 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 41500 Pest Control Expense 230 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Year 2024 Tenant Pays ElectricityGas Trash Expense 3000 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2896 Zoning MNRH



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Michael Miller of Inland Pacific Management Company (310-376-9824)