1446 12Th Street

Manhattan Beach, CA 90266

$3,500,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

1966

calendar_month Built

Property Description

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don’t miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14,000 square feet of livable space. Current rents are below market.

Listing Information

List Price $3,500,000
Status Active
MLS PV24224558
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1966
Lot Size 7,010
Structure Size N/A
DOM 26
Courtesy Of RE/MAX Estate Properties
Listing Agent Jim Ghannadi DRE#01124918

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Jim Ghannadi, RE/MAX Estate Properties 310-703-1820. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.