220 14th Street, Manhattan Beach, CA 90266

$4,499,000 Asking Price

4 beds
4 baths
2,628  sqft
Built in 1959

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, adjusting rent positioning, 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.

Features & Amenities

Interior

Laundry:
Garage
A/C:
N/K
Heating:
Wall/Gravity
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Uncovered, Parking spaces: 10

Construction

General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
MNRH, 4179025003
View:
Ocean

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Rohera Capital, Akash Rohera

About Manhattan Beach, CA

Housing

Number of Units
14,428
Median Home Value
$1,157,701
Median Rent
$2,025

33.71% of housing units are renter occupied.

8.17% are vacant.

Commute

Car
44.45%
Public Transportation
0.31%
Walk to Work
1.15%
Work from Home
53.08%
Other
0.84%

The median travel time to work is 16 minutes.

People

Population
34,837
Median Age
42.40
Median Household Size
2.81

Education

High School
5.89%
Associate’s Degree
3.98%
Bachelor’s Degree
41.96%
Graduate Degree
35.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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