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1450 12th Street, Manhattan Beach, CA 90266

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For Sale

$3,500,000

9 beds • 8 baths • 4,514 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $775.37
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Developers, Investors, Owner Users and 1031 Exchange Buyers. Don t miss out on this rare opportunity. A large fourplex with over 4,500 square feet of living space on over a 7,000 square foot lot. The building has one - 3 bedrooms/3 baths unit, two - 2 bedrooms/2baths units, and one - 2bedrooms/1 bath unit. For builders, the property has 2 sets of plans. One to build three townhomes approximately 3,000 square feet each, and another plan to build four townhomes approx 1,800 to 1,900 square feet each. The sister building next door at 1446 is also for sale at the same price and also has plans to build townhomes. This gives you the opportunity to purchase 8 units on two lots, totaling over 14,000 square feet without having to go through the hassle of commercial financing. For owner-users a great opportunity to occupy one of the units and collect rental income from the other 3 units.
MLS# PV24224581

Courtesy Of RE/MAX Estate Properties

(310) 378-9494

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 1450 12th Street, Manhattan Beach, CA 90266

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(562) 927-2626
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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