1356 Manhattan Beach Boulevard

Manhattan Beach, CA 90266

$1,582,500

Closed

  • 2,116Sq. Ft.
  • 4,663Lot Size (Sq.Ft.)

1356 Manhattan Beach Blvd is a duplex in a highly sought-after market with low inventory. Currently operating 3.26% CAP with the capability of performing at 3.93% CAP simply by raising the rents to market prices, even stronger CAP rate with more significant upgrades to the units. This duplex has two garages with room to park next to the garage, also plenty of street parking directly next to units. Private deck recently re-done off upper bedroom of 4-bed/3-bath. This is an excellent investment opportunity in Manhattan Beach.

Key Details

  • Type: Residential Income
  • Year Built: 1953
  • Days on Market: 74
  • Combined DOM* : 74
  • Close Date: December 12th, 2018
  • Status: Closed
  • Closed Price: $1,582,500
  • PPSF: $748
  • Orig. list price: $1,675,000
  • Date Listed: August 10th, 2018
  • MLS® #: SB18194373
  • APN: 4167014023
  • Special:

Additional Info

  • Parking Spaces: 2
  • Garage Spaces: 2

Co-Agent

  • Agent: Doug Lawson
  • Office: Lyon Stahl Investment Real Estate, Inc.

Community Information

Exterior

  • Lot Description: Back Yard, Front Yard, Landscaped, Lawn, Yard
  • Lot Size (sq. ft.): 4,663
  • Lot Size (acres): 0.11

Interior

  • Square Footage: 2,116

* 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” it, or sellers may change agents when a property has failed to sell.

Price History for 1356 Manhattan Beach Boulevard, Manhattan Beach, CA (MLS® #SB18194373)

Date Details Price Change
Closed $1,582,500
Pending
Price Reduced (from $1,675,000) $1,579,000 $96,000 (5.73%)
Pending (from Active)
Price Reduced $1,579,000 $20,999 (1.31%)
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Based on information from California Regional Multiple Listing Service, Inc. as of August 22nd, 2019 at 11:28am 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.