Lawndale, CA 90260,4162 Manhattan Beach BLVD
Lawndale, CA 90260,4162 Manhattan Beach BLVD
Lawndale, CA 90260,4162 Manhattan Beach BLVD
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$1,500,000
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5,048 Sqft Lot
Pending

4162 Manhattan Beach BLVD Lawndale, CA 90260

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Roe Valenti S.0190519

UPDATED:

12/23/2024 10:29 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW24246777

HOA Y/N No

Year Built 1985

Lot Size 5,048 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area 113 - South Lawndale

Zoning LNR3YY

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4074008004

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com

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Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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4162 Manhattan Beach BLVD