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Listed by Jim Ghannadi • RE/MAX Estate Properties
$ 3,500,000
Est. payment /mo
Active
1446 12th Street Manhattan Beach, CA 90266
4,514 SqFt
UPDATED:
11/14/2024 10:19 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,514 sqft
Price per Sqft $775
MLS Listing ID PV-24224558
Year Built 1966
Lot Size 7,010 Sqft
Property Description
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don't miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14,000 square feet of livable space. Current rents are below market.
Location
State CA
County Los Angeles
Zoning MNRH
Interior
Laundry Inside
Exterior
Parking Features Garage - Three Door, Garage - Two Door, Assigned
Garage Spaces 2.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer