220 14th ST, Manhattan Beach, CA 90266 – SB24079251

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$4,299,000

Est. payment - /mo

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4,190 Sqft Lot

Active

220 14th ST Manhattan Beach, CA 90266

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/05/2024 01:58 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24079251

HOA Y/N No

Year Built 1959

Lot Size 4,190 Sqft

Property Description

Now being sold for lot value! Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Zoning MNRH

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry In Garage

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gutter(s), Sidewalks

View Y/N Yes

View Ocean

Total Parking Spaces 10

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4179025003

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Akash Rohera • Rohera Capital • 310-567-9142