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Pina & Co Real Estate
Direct Office:
949 698 2003
[email protected]

DRE# 01218728
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220 14th Street,  Manhattan Beach CA, 90266

(Active)
$4,599,000
|
4 beds, 4 Full baths, 2,628 sqft
|
MLS# SB24090912
Last Updated: 5/19/2024 10:05 AM
Description for 220 14th Street Manhattan Beach, CA 90266
Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, adjusting rent positioning, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Price
$4,599,000
Los Angeles
4
4 Full
2,628 (approx)
SB24090912
Active
Description
Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, adjusting rent positioning, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.
Listing Information
Property Type: Single Family, Fourplex, Multi-Family, 2 Story
4 4 Full
0.1 Acres Assessor 2,628 (approx)
1959 Yes-4 spaces 2
Public
Public Sewer
Neighborhood
School Information
District: Manhattan Unified
Room Information
Bathrooms: Main Level: 4
4
Main Level: 4, Total: 4
In Garage
Interior Features
Dryer,Washer
None
Other, Wall Furnace
1 Common Wall
Side
None
All Bedrooms Up,All Bedrooms Down
Exterior / Lot Features
4 Garage Spaces, 10 Parking Spaces, 0 Covered Parking Spaces, Assigned,Garage,Uncovered
None
Ocean
MNRH
Rectangular Lot
Driving Directions
Head North on Highland Ave, Turn left on 14th Street. Property will be on your left side
Financial Considerations
4179025003
Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Price History

Manhattan Beach Real Estate

Manhattan Beach is located in California. Manhattan Beach, California 90266 has a population of 34,508.

The median household income in Manhattan Beach, California 90266 is $161,531. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Manhattan Beach 90266 is 38 years.

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Listing Agent: Akash Rohera CalDRE: 01998388 - Rohera Capital, 310-567-9142
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/19/2024 10:05 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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