$4,500,000
$5,200,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
905 909 Manhattan Beach BLVD Manhattan Beach, CA 90266
8,280 Sqft Lot
Key Details
Sold Price $4,500,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22024413
Sold Date 05/04/22
HOA Y/N No
Year Built 1948
Lot Size 8,280 Sqft
Property Description
ONE OF THE FINEST MULTI-RESIDENTIAL/COMMERCIAL LOCATIONS IN THE CITY, WHERE THE TREE SECTION MEETS THE HILL SECTION, JUST 5 BLOCKS AND A 10 MINUTE WALK TO DOWNTOWN. DOUBLE 36 X 115 LOTS WITH 72 FEET OF SOUTH FACING FRONTAGE AND A 30 FOOT HEIGHT LIMIT OFFERS POTENTIAL TO DEVELOP 4 TOWNHOMES + ADDITIONAL COMMERCIAL SPACE WITH CITY APPROVAL. 905 MBB IS IMPROVED WITH A TWO STORY DETACHED OFFICE BUILDING WITH OVER 2,000 SQ FT, PLUS DETACHED REAR DUPLEX WITH LOWER 1-BR UNIT AND UPPER SPACIOUS HOME-LIKE 1-BR UNIT WITH FIREPLACE, HARDWOOD FLOORS, LARGE DECK AND OVERSIZED ONE CAR GARAGE WITH SECURE STORAGE. ADDITIONAL SEPARATE STORAGE ROOM, SEPARATE LAUNDRY ROOM + 2 CAR PARKING ARE LOCATED ON LOWER LEVEL OF THE DUPLEX. 909 MBB HAS 400 SQ FT OFFICE BUILDING + 10 CAR PARKING. BUSINESS IS REAL ESTATE BROKERAGE WHICH WOULD PREFER SHORT TERM RENT BACK TO FACILITATE RELOCATION. OWNER/BROKER UTILIZING 905 OFFICE BLDG, 905-A, 905-B, 909 OFFICE BLDG (PAYS GAS: 387/YR, ELECTRIC: 2791/YR, PAYS NO RENT). 905, 905-A, 905-B, 909 RENTS LISTED ARE PRO-FORMA. POTENTIAL SHORT TERM ASSUMABLE FINANCE AVAILABLE.
Location
State CA
County Los Angeles
Area 143 - Manhattan Bch Tree
Zoning CL
Interior
Heating Central, Forced Air, Fireplace(s), Wall Furnace
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Laundry Room, Outside
Exterior
Carport Spaces 3
Fence Masonry, Wood
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities, Water Connected
Roof Type Composition,Flat,Rolled/Hot Mop,Shingle
Total Parking Spaces 13
Building
Lot Description Near Public Transit, Street Level, Level
Story 2
Water Public
Others
Tax ID 4170011011
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, Private Financing Available
Listing Terms Cash, Cash to New Loan, Conventional, Private Financing Available
Financing Conventional
Special Listing Condition Standard
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Bought with Joe Mandelbaum • Mandelbaum and Associates, Inc.