Property Showcase

1436 12TH STManhattan Beach, CA 90266 0

$4,895,000
Multi-Family
Status: Active
  • Bed:14
  • Bath:14
  • Sqft:7,382
  • Lot:10,503 sq ft
  • MLS#: 17251966
33.887989044189453-118.3885498046875
Courtesy Of CBC Advisors

Description:

-Price Reduced! -Seven Spacious Two- Bedroom/Two-Bathroom Apartments, Each a Two-Story Town-House Configuration -33% in Rental Upside with Fully Remodeled Interiors -Immediate Rental Upside, As-Is -Separate 640-Square-Foot Building Provides Potential Eighth Unit* -Non-Rent Controlled -Huge 10,503-Square Foot Lot -City Code Allows for 8-Unit Condominium Development** -15 Parking Spaces & Laundry Facility On-Site *Buyer to verify

Main Features:

Listing Status Active Year Built 1973
Floors 2 County Los Angeles
Taxes $55,069.00 Rental Price $0
Units 7 Zoning MNRH

Additional Features:

Cooling Other
Heating Other
Interior Features Other
Special Conditions Standard Sale

Extra Features:

Annual Expenses 70369.00 Cap Rate 3.23
Carport Spaces 15 Gross Income 228556.00
Insurance Exp 2500.00 LP Per SQFT 663.1
Net Operating Income 158187.00 Other Exp 1400.00
Parking Spaces 15 SQFT Source Estimated

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

1436 12TH ST, Manhattan Beach, CA 90266

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

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