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Backup Offers

1220 Manhattan Beach Blvd, Manhattan Beach, CA, 90266

$2,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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1220 Manhattan Beach Blvd, Manhattan Beach$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1957
MLS #SB24119431
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1220 Manhattan Beach Blvd

FIRST TIME ON THE MARKET FOR SALE IN OVER 40 YEARS!! Centrally located in the heart of Manhattan Beach, this property benefits from proximity to major employment centers, transportation hubs, and recreational amenities. The area boasts a strong rental market with historically low vacancy rates, making this a prime asset with a compelling blend of stability and growth potential. The single-story building offers a variety of units, including a luxurious 2-bed, 2-bath unit with a den and high-end finishes, featuring a private yard that can serve as an owner's unit. Additionally, there is a 2-bed, 1-bath unit with its own private yard and two 1-bed, 1-bath units. All units are equipped with in-unit laundry facilities, providing modern convenience for tenants. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. With four one-car garages, this property caters to the parking needs of its residents. 1220 Manhattan Beach Blvd is more than just an investment; it's a chance to become part of a thriving community and leverage the dynamic lifestyle that this location offers. Positioned strategically, this property lets you take advantage of the constant demand for housing fueled by nearby employment centers, all while enjoying the luxurious coastal living that makes Manhattan Beach highly desirable. Investors will appreciate the property's steady rental income, potential for appreciation in value, and the long-term stability of this robust and resilient market. Seize the opportunity to be a part of the Manhattan Beach real estate success story and reap the numerous benefits it can add to your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (714) 655-0098
  • Listing Agent: Christopher Van Vuuren

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: E of Sepulveda

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000

Tax Information:

  • Annual Amount: $4,635
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Manhattan Beach, CA.

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,299

Avg. Days On Market

48

# of Sold Homes

39

1220 Manhattan Beach Blvd vs Manhattan Beach

165 DAYS ON ROCKET

+117 Days

$2,400,000

-$575K Less

KEY TAKEAWAY

This property is $575K less than the Median Sold Price in Manhattan Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24119431

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (714) 655-0098
  • Listing Agent: Christopher Van Vuuren

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,635$322,178
2020$4,528$318,876
2019$4,358$312,624
2018$4,064$306,495
2017$4,064$300,486

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1038413
9
/10
  • Meadows Elementary School

  • 1200 N Meadows Ave

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-1038414
9
/10
  • Pennekamp Elementary School

  • 110 S Rowell Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1038415
9
/10
  • Pacific Elementary School

  • 1200 Pacific Ave

  • 0.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,731. Residents of Manhattan Beach, CA typically earn between $100k-200k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1220 Manhattan Beach Blvd

What is the listing price of this property?

The listing price of 1220 Manhattan Beach Blvd property is $2,400,000.

What type of property is this?

The property 1220 Manhattan Beach Blvd is a condo located in Manhattan Beach, California, 90266.

Is this property for sale now?

Accepting Backup Offers: 1220 Manhattan Beach Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,635 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1220 Manhattan Beach Blvd is 1957.

Rocket HomesCaliforniaLos Angeles CountyManhattan Beach902661220 Manhattan Beach Blvd

This home is located at 1220 Manhattan Beach Blvd in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Mira Costa neighborhood. This home, which was built in 1957, sits on a 0.12 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $2,400,000.

Over 7 listings were sold over their listed price in October 2024 in Manhattan Beach, CA. In the same period over 28 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Manhattan Beach, CA between September 2024 and October 2024 decreased by 1.4%. Listings spent 48 days on the market in October 2024, and had a median list price of $2,975,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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