1826 12th Street

Manhattan Beach, CA 90266
$5,695,000
1826-1828 12th Street presents a rare opportunity to acquire a 10-unit multifamily property in a desirable Manhattan Beach location. The property features an attractive unit mix consisting entirely of 2-bed/1-bath units across two buildings totaling approximately 6,384 square feet on an 8,254 square foot lot. The property offers upside, while nearlyRead MoreRead Less
Property listed by Lyon Stahl Investment Real Est, Woody Stahl [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
MixedUse
Lot Size
0.19 Acres
Year Built
1957
MLS Number
PW26198389
Property Location Map
Additional Details
Building
Built in 1957, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Biking, Sidewalks
Expenses
Gardener: $1,200, Insurance: $7,980, Maintenance: $6,500, Operating: $109,512, Other Expense: $13,800
Income
Gross Income: $350,364, Gross ScheduledIncome: $361,200, Net Operating Income: $240,852
Laundry
CommonArea
Lot
0.1872 acres, SixToTenUnitsAcre
Parking
10 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4165024026, Lot: 16
Utilities
Water Source: Public, 10 separate electric meters, 10 separate gas meters
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Andrea McCracken
DRE# 01920016
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.