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listing
1 of 4
MultifamilyFor Sale
$3,500,000
1446 12th Street
Manhattan Beach, CA 90266
Listing Provided Courtesy of Re/max Estate Properties
MLS: San Diego Multiple Listing Service (SDMLS)
7,010Sq Ft
Est. Mortgage
$18,166/mo

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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.Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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.

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Listing Courtesy of Re/max Estate Properties. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/14/2024 10:46 AM
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