Manhattan Beach, CA 90266,220 14th Street
Manhattan Beach, CA 90266,220 14th Street
Manhattan Beach, CA 90266,220 14th Street
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$4,299,000
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4 BD
4 BA
4,192 Sqft Lot
Price Dropped by $100K

220 14th Street Manhattan Beach, CA 90266

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UPDATED:

09/12/2024 05:15 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24079251

Bedrooms 4

HOA Y/N No

Lot Size 4,192 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.
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 Manhattan Beach (90266)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $70

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,290

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Akash Rohera • Rohera Capital

GET MORE INFORMATION

Catherine Maranca

Agent | CA DRE#01955971

+1(760) 809-5554

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220 14th Street