Generational investment opportunity one block north of the Pier in the Manhattan Beach sand section. The first time available in over 20 years, this ir-
replaceable walk-street apartment building consists of 6 large one bedroom, one bathroom units (approx. 800 SF each) along with 6 covered garages.
With rents approximately 30+% below market, this opportunity will not only provide an investor with upside in rents, but also a great hedge against
inflation in this excellent rental market, which consistently enjoys low vacancy and turnover rates. This pride of ownership Property has been well main-
tained and includes a common area outdoor patio. Set on a highly desirable walk street lot in a prime section of Manhattan Beach, it is located only
two blocks from The Strand and one block from Downtown dining and shopping. This is truly an extraordinarily unique asset in a highly attractive area
offering an investor long term stable income, as well as the opportunity to add additional value via a thoughtful upgrade of the Property.
Co- Listed with :
Adam Barshay
Barshay Real Estate
310.780.0334
Lic #01354021
Dan Oconnor
Property Group
310.261.7756
LIC#01384632
1220 MANHATTAN AVE, MANHATTAN BEACH
6-Unit Apartment Building | 4,800 sf | 3,323 sf lot
PRIME MANHATTAN BEACH LOCATION
