4162 Manhattan Beach Blvd is a prime investment and potential owner-user opportunity located in Lawndale. This value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. The property features a 2-car garage attached to the front unit and a 4-car garage with back alley access. With significant upside potential, the property delivers an impressive 6.51% market CAP rate and 10.79 market GRM with potential to maximize income through eligible 8.9% rent increases for every unit. Priced at $375,000 per unit and $268 per square foot, it offers exceptional value with room for growth. There is also an appraisal on file in October 2024 for $1.771M. Conveniently situated near the scenic Alondra Park Golf Course and just minutes from Manhattan Beach, this property’s location adds to its tenant appeal. Don’t miss this opportunity to invest in a high-demand South Bay area with strong long-term potential!
MLS #
CRPW24246777
MLS Source
California Regional MLS
Days on Site
9
Pool
None
Garage/Parking
Garage, Garage: 6 Car(s)
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Co-Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
4162 Manhattan Beach Bld is a Residential Income in Lawndale, CA 90260. This – square foot property sits on a 5,048 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1985.
This address can also be written as 4162 Manhattan Beach Bld, Lawndale, CA 90260.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 18, 2024. For the most current information, please contact Woody Stahl, (310) 425-9838