740 Manhattan Beach Boulevard

Manhattan Beach, CA 90266

$4,150,000

Closed

  • 4,722Sq. Ft.
  • 5,457Lot Size (Sq.Ft.)

740 Manhattan Beach Boulevard IS a completely renovated six-unit apartment building just a half-mile from the Manhattan Beach Pier in Manhattan Beach, California. Tenants enjoy the property’s highly sought after location near the beach and numerous popular dining, shopping and entertainment opportunities. This turnkey asset consists of a 1961 construction with three two-bedroom and three one-bedroom units that have each recently undergone a $30,000 renovation. The units boast new modern kitchens with stainless steel appliances, new bathrooms, upgraded flooring and more. Additionally, the units are separately metered for gas and electricity. The property also features two two-car garages in the front and two single-car garages in the rear. With its excellent location, turnkey condition, and potential upside in rents, 740 Manhattan Beach Boulevard presents an excellent investment opportunity.

Key Details

  • Type: Residential Income
  • Year Built: 1961
  • Days on Market: 13
  • Combined DOM* : 13
  • Close Date: September 28th, 2018
  • Status: Closed
  • Closed Price: $4,150,000
  • PPSF: $879
  • Orig. list price: $4,350,000
  • Date Listed: July 10th, 2018
  • MLS® #: PW18165748
  • APN: 4170022034
  • Special:

Additional Info

  • Parking Spaces: 6
  • Garage Spaces: 6

Community Information

  • Area: Hill Section
  • City/State: Manhattan Beach, CA
  • Zip Code: 90266
  • County: Los Angeles

Exterior

  • Lot Description: Lot Shape-Rectangular
  • Lot Size (sq. ft.): 5,457
  • Lot Size (acres): 0.00

Interior

  • Square Footage: 4,722

* 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 740 Manhattan Beach Boulevard, Manhattan Beach, CA (MLS® #PW18165748)

Date Details Price Change
Closed (from Active)
Property Listed $4,350,000

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Based on information from California Regional Multiple Listing Service, Inc. as of August 24th, 2019 at 10:07pm 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.