StatusAccepting Backup Offers (Active Under Contract)
About 1345 Manhattan Beach Blvd
Discover this charming 4-unit apartment building located in East Manhattan Beach. Situated near Polliwog Park, this property offers a mix of (1) 2-bed/2-bath townhome style unit and (3) 2-bed/1-bath units, and most of the major systems were updated several years ago. There is also 2 2-Car Garages for a total of 4 garage spaces. Priced attractively at $712,500 per unit and $722.98 per square foot, the property provides a solid income opportunity with a 4.42% CAP rate. Located in a prime, sought-after neighborhood, this is an excellent investment for those looking to capitalize on the strong rental market and long-term appreciation potential in Manhattan Beach.
Property Details
Property Features
Property Information:
Year Built: 1967
Stories: 2
Listing Office:
Office Name: Lyon Stahl Investment Real Est
Office Email: woody@lyonstahl.com
Listing Agent: Woody Stahl
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Virtual/3D Tour
3D Tour: 1345 Manhattan Beach Blvd
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Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: 1 Parcel from Manhattan Beach Blvd and N Rowell Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,850,000
Tax Information:
Annual Amount: $35,459
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Manhattan Beach, CA.
This property is $200K 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: #PW24210819
Listing Office:
Office Name: Lyon Stahl Investment Real Est
Office Email: woody@lyonstahl.com
Listing Agent: Woody Stahl
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: 12/21/2024, 8:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 13, 2017
Jan 13, 2017Home Sold
$11,500,000
Nov 25, 2015
Nov 25, 2015Home Sold
$8,800,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$35,459
$3,082,579
2020
$34,509
$3,050,972
2019
$33,794
$2,991,150
2018
$25,880
$2,932,500
2017
$25,880
$2,244,000
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Meadows Elementary School
1200 N Meadows Ave
Distance between this listing and this school0.13 miles
Public District Grades KG-5
9
/10
Pennekamp Elementary School
110 S Rowell Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
9
/10
Pacific Elementary School
1200 Pacific Ave
Distance between this listing and this school0.74 miles
Public District Grades KG-5
Nearby Schools
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school0.42 miles
Public District Grades 6-8
9
/10
Hermosa Valley School
1645 Valley Dr
Distance between this listing and this school1.49 miles
Public District Grades 5-8
9
/10
Richard Henry Dana Middle School
5504 W 135th St
Distance between this listing and this school1.69 miles
Public District Grades 6-8
Nearby Schools
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school0.86 miles
Public District Grades 9-12
4
/10
Centinela Valley Independent Study
4951 Marine Ave
Distance between this listing and this school1.48 miles
Public District Grades 9-12
2
/10
R. K. Lloyde High School
4951 Marine Ave
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $169,231. Typical income of Manhattan Beach, CA residents is $200k+ annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Interested in 1345 Manhattan Beach Blvd? Let's connect.
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This home is located at 1345 Manhattan Beach Blvd in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Mira Costa neighborhood. This home, which was built in 1967, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $2,850,000.
In November 2024 more than 5 listings in Manhattan Beach, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 14 were sold below. The inventory of homes for sale in Manhattan Beach, CA between October 2024 and November 2024 decreased by 22.6%. While the average time on the market in November 2024 was 56 days, the median list price was $3,050,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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