- 7 BR
- 8 BA
- 10,009 SqFt.
- 15,006 Lot
- $12,499,000
- Active
- DOM: 17
A rare, LARGE investment opportunity in irreplaceable "90266" - mere minutes to world famous sand and surf. The twelve 1 Bed units are ideal for the typically young, single renters in The Beach Cities, whereas the eight 2 Bed units and one 3 Bed unit appeal to couples and work-at-home renters. Additionally, the building has newer, dual-pane windows and copious parking with 21 enclosed garage spots - not that common in buildings closer to the sand. Also, this highly-accessible location near Aviation has wider appeal than units near The Strand - an approachable "beach" option for many renters means high occupancy, all the time. A friendly, 'community' vibe is highlighted by comfortable, landscaped common areas with umbrellas, tables and chairs. And walking distance to award-winning Mira Costa High School. High-demand units in an even higher-demand location means capital appreciation is nearly guaranteed, for a savvy Buyer. And on a potentially larger scale, the 21K sq. ft. lot allows for ADU additions and/or ground-up condo or townhome development nearby townhomes on Aviation Way have sold for almost $2,000,000 each.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
1601 Artesia Boulevard, Manhattan Beach, (MLS® #23270747)
Date | Details | Price | Change |
---|---|---|---|
Closed | $9,050,000 | – | |
Pending (from Active) | – | – | |
First Day Active | $10,999,999 | – |
Quick Summary of 1601 Artesia Boulevard: This 0 Bedroom/22 Bathroom home in Manhattan Beach is priced at $10,999,999 ($706/PSF) . The 15,588 sqft. residence was originally built in 1961 and was listed on May 16th, 2023 at $10,999,999, showing 120 Days on Market currently. Contact Dave Fratello today for more information or to go see 1601 Artesia Boulevard.
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 8:55pm PDT. 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.