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1436 12th Street
Manhattan Beach, CA 90266

$4,895,000 
  • -- Beds
  • -- Baths
  • 6,742 sqft
  • Residential Income | Apartment
  • Pending Continue to Show
1436 12th Street, Manhattan Beach - 522137418
1436 12th Street, Manhattan Beach - 522137419
1436 12th Street, Manhattan Beach - 522137420
1436 12th Street, Manhattan Beach - 522137421
1436 12th Street, Manhattan Beach - 522137422
1436 12th Street, Manhattan Beach - 522137423
1436 12th Street, Manhattan Beach - 522137424
1436 12th Street, Manhattan Beach - 522137425
1436 12th Street, Manhattan Beach - 522137426
1436 12th Street, Manhattan Beach - 522137427
1436 12th Street, Manhattan Beach - 522137428
1436 12th Street, Manhattan Beach - 522137429
1436 12th Street, Manhattan Beach - 522137430
1436 12th Street, Manhattan Beach - 522137431
1436 12th Street, Manhattan Beach - 522137432
1436 12th Street, Manhattan Beach - 522137433
1436 12th Street, Manhattan Beach - 522137434
1436 12th Street, Manhattan Beach - 522137435
1436 12th Street, Manhattan Beach - 522137436
1436 12th Street, Manhattan Beach - 522137437
1436 12th Street, Manhattan Beach - 522137438
1436 12th Street, Manhattan Beach - 522137439
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1436 12th Street, Manhattan Beach - 522137441
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1436 12th Street, Manhattan Beach - 522137444
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1436 12th Street, Manhattan Beach - 522137446
1436 12th Street, Manhattan Beach - 522137447
1436 12th Street, Manhattan Beach - 522137448
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1436 12th Street, Manhattan Beach - 522137451
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1436 12th Street, Manhattan Beach - 522137453

Property Description for 1436 12th Street, Manhattan Beach CA 90266

This quaint building with 7 comfortable townhome-style apartment units sits on a quiet street in a great neighborhood of East Manhattan Beach. It’s close to Polliwog Park, and the units feature enclosed patios downstairs and large balcony decks upstairs. Occupying a substantial 10,503 sq. ft. lot that has some site specific unique concessions in the zoning code, this building offers plenty of flexibility in terms of investment options.?1. Keep it as-is and continue to lease the units?2. Renovate the building and lease the units at significantly higher rents?It is worth noting that the 2 bedroom/2 bath floor plan makes the units ideal for roommates. 3. Tear the building down and develope a new 10-unit apartment complex 4. Tear the building down and developing 7 new town home condominiums. Architectural feasibility studies are available on both of these options. This location is ideal for families and commuters alike. It’s close to parks, restaurants and shopping, minutes from both downtown Manhattan Beach to the West, and the 405 freeway, to the East. This is a huge opportunity in a great location—with lots of options.

  • Property Class: Residential Income
  • Listing Status: Pending Continue to Show
  • City: Manhattan Beach
  • State: CA
  • Zip: 90266
  • Area: 146 - Manhattan Bch Heights/Lib Vlg
  • County: Los Angeles
  • Class: Residential Income
  • Property Subtype: Apartment
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 6,742 sqft
  • Lot Sq Ft Apx: 10478.00
  • Garage: 4.00
  • Year Built: 1973
  • Listing#: SB18077643
  • HOA Fee: 0.00
  • Parcel Number: 4166009007
  • List Date: 4/5/2018
  • Last updated on: 5/24/2018

Property Features for 1436 12th Street, Manhattan Beach CA 90266

  • Cooling: None
  • Heating: Radiant
  • Parking Features: Covered Parking
  • Year Built: 1973
  • Community Features: Street Lighting
  • Zoning: MNRH
  • Lot Desc: Lot 10000-19999 Sqft
  • Pool: None

Additional Information for 1436 12th Street, Manhattan Beach CA 90266

  • Bedroom 2 Area: 960
  • Carport Y/N: Yes
  • Expenses: 67275.00
  • Garage Style: Covered Parking
  • Gross Building Area: 6742.00
  • Gross Income: 206808.00
  • Heating Fuel: Radiant
  • Net Income: 139533.00
Courtesy of Bryn Stroyke, Stroyke Properties, Inc.
Copyright 2018, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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.