124 11th

Manhattan Beach, CA 90266
$5,725,000
This is an unparalleled mixed-use investment opportunity, offering a rare chance to secure a coveted piece of Manhattan Beach real estate just steps from the legendary Strand. Located only one block from the vibrant Pier, upscale dining, and boutique shopping, this 4-unit property boasts a truly A++ location. The twoRead MoreRead Less
Property listed by Strand Hill Properties, Keith Kelley 310-944-5554
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.06 Acres
Year Built
1946
MLS Number
PV25272373
Property Location Map
Additional Details
Property Access
Frontage Type: Alley, CityStreet, Road Surface: AlleyPaved, Paved
Building
Built in 1946, 1 building, 2 stories, Entry level: 1, Entry location: Ground
Community
Biking, WaterSports
Cooling
CentralAir
Expenses
Electric: $2,400, Insurance: $6,000, Operating: $83,621, Trash: $2,400, Water/Sewer: $2,400, Other Expense: $67,621
Exterior Features
Awnings
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $366,000, Net Operating Income: $282,379
Laundry
LaundryCloset, None
Lot
0.0622 acres, ZeroToOneUnitAcre
Parking
2 total parking spaces
Pool
None
Property
Coastline, Ocean, Panoramic, Pier, Water
Roof
Flat
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4179018012, Tax Block: 11, Lot: 14
Utilities
Water Source: Public, 2 separate electric meters
Water Features
AcrossTheRoadFromLakeOcean, BeachAccess, OceanAccess, OceanSideOfHighway
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Holden Groff
Associate Agent
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.