Manhattan Beach, CA 90266,1762 Manhattan Beach BLVD

$1,595,000

Est. payment /mo

$1,599,000

0.3%
Est.Price: ?

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1762 Manhattan Beach BLVD Manhattan Beach, CA 90266

1,704 SqFt

SOLD DATE : 02/12/2020

Key Details

Sold Price $1,595,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,704 sqft

Price per Sqft $936

MLS Listing ID SB17259549

Sold Date 02/12/20

HOA Y/N No

Year Built 1952

Lot Size 5,074 Sqft

Acres 0.1165

Property Description

Large price improvement for a unique and outstanding existing property or redevelopment opportunity in Manhattan Beach on Manhattan Beach Blvd.

A rare offering of a commercially zoned property situated on a prime corner lot at the bustling gateway of affluent Manhattan Beach. Highly-visible commercial property block is an ideal development site!

Prior approved plans for mixed-use medical/residential building included in the sale. Plans offer appx. 1,872 SF of medical office space with an additional appx. 2,460 SF of residential space for a total of approximately 4,400 SF and 11 parking spaces on the ground floor. Approved plans and permits have lapsed and need to be re-approved by the city.

Buyer to conduct their own investigation and due diligence with the city of Manhattan Beach

Property highlights:
• Heavy drive-by traffic of approximately 30,000+ CPD
• Across the street from Trader Joe’s
• Highly-visible corner lot
• Just under 2 miles to the beach.
• Currently a 1,704 SF building on a 5,000+ SF Lot (buyer to verify)
• Nearby: Trader Joe's, The Redondo Beach Performing Arts Center, Polliwog Park, Target, Downtown Manhattan Beach
• Close to aerospace, tech, service, finance industries, Metro Green Line & 405 Fwy
Any future development is subject to discretionary approval from the Manhattan Beach Planning Department

Location

State CA

County Los Angeles

Area 147 - Manhattan Bch Mira Costa

Zoning MNCL

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Building

Lot Description Corner Lot

Water Public

Others

Tax ID 4164016001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Caskey • Strand Hill Christie's Int'l
Bought with General NONMEMBER • CRMLS

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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