A
Seller's Agent in 2025
Akash Rohera
Rohera Capital
(540) 680-3889
6 in this area
13 Total Sales
Priced to sell, this property is being listed 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 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 endless opportunities. Live in one unit and rent the others. Three brand new and presold condos are completing construction in 2025. 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.
Last Agent to Sell the Property
Rohera Capital Brokerage Phone: 310-567-9142 License #01998388 Listed on: 01/07/2025
Last Buyer's Agent
Rohera Capital Brokerage Phone: 310-567-9142 License #01998388 Listed on: 01/07/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,900,000 | Lawyers Title Company | |
| Grant Deed | $4,000,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Orange Coast Title | |
| Trustee Deed | $2,060,000 | Accommodation | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | $400,000 | None Available | |
| Grant Deed | $3,200,000 | Fidelity National Title | |
| Grant Deed | $950,000 | Lawyers Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,925,000 | New Conventional | |
| Previous Owner | $2,560,000 | Negative Amortization | |
| Previous Owner | $712,500 | No Value Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $3,900,000 | -2.5% | $1,484 / Sq Ft |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | For Sale | $3,999,000 | -- | $1,522 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $47,506 | $4,244,831 | $4,138,711 | $106,120 |
| 2024 | $47,506 | $4,161,600 | $4,057,560 | $104,040 |
| 2023 | $46,243 | $4,080,000 | $3,978,000 | $102,000 |
| 2022 | $29,087 | $2,532,918 | $1,538,691 | $994,227 |
| 2021 | $28,673 | $2,483,254 | $1,508,521 | $974,733 |
| 2019 | $27,907 | $2,409,601 | $1,463,778 | $945,823 |
| 2018 | $27,329 | $2,362,355 | $1,435,077 | $927,278 |
| 2016 | $25,473 | $2,270,624 | $1,379,352 | $891,272 |
| 2015 | $24,948 | $2,236,518 | $1,358,633 | $877,885 |
| 2014 | $24,613 | $2,192,709 | $1,332,020 | $860,689 |
A
Seller's Agent in 2025
Akash Rohera
Rohera Capital
(540) 680-3889
6 in this area
13 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25003599
APN: 4179-025-003