1826 12th Street, Manhattan Beach, CA 90266
List Price: $5.7M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 8,153 sq ft
MLS Number: PW26198389
About This Property
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 nearly all occupied units are eligible for the maximum allowable rent increase under AB 1482. Six of the ten units have undergone various renovations, and ownership has completed several building improvements since 2023, including a full roof repair, new subpanels, and SB 721 compliance. Additional amenities include on-site parking and laundry facilities, with in-unit laundry in three units. Located near Trader Joe’s and minutes from Polliwog Park, Manhattan Beach Middle School, and the Redondo Beach Performing Arts Center, the property offers investors a compelling combination of location, upside, and long-term value.
Listing provided by: Woody Stahl DRE #01399621 310-425-9838 broker@lyonstahl.com, Lyon Stahl Investment Real Est
Source: CRMLS, MLS #: PW26198389
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