Manhattan Beach, CA 90266,1601 Artesia BLVD
Manhattan Beach, CA 90266,1601 Artesia BLVD
Manhattan Beach, CA 90266,1601 Artesia BLVD
Manhattan Beach, CA 90266,1601 Artesia BLVD
Manhattan Beach, CA 90266,1601 Artesia BLVD
Manhattan Beach, CA 90266,1601 Artesia BLVD
See all 15 photos

$9,050,000

$10,999,999

17.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

22 Baths

15,588 SqFt


SOLD DATE : 09/22/2023

Key Details

Sold Price $9,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 15,588 sqft

Price per Sqft $580

MLS Listing ID 23270747

Sold Date 09/22/23

HOA Y/N No

Year Built 1961

Lot Size 0.487 Acres

Lot Dimensions Assessor

Property Description

A rare, LARGE investment opportunity in irreplaceable "90266" - mere minutes to world famous sand and surf. The twelve 1 Bed units are ideal for the typically young, single renters in The Beach Cities, whereas the eight 2 Bed units and one 3 Bed unit appeal to couples and work-at-home renters. Additionally, the building has newer, dual-pane windows and copious parking with 21 enclosed garage spots - not that common in buildings closer to the sand. Also, this highly-accessible location near Aviation has wider appeal than units near The Strand - an approachable "beach" option for many renters means high occupancy, all the time. A friendly, 'community' vibe is highlighted by comfortable, landscaped common areas with umbrellas, tables and chairs. And walking distance to award-winning Mira Costa High School. High-demand units in an even higher-demand location means capital appreciation is nearly guaranteed, for a savvy Buyer. And on a potentially larger scale, the 21K sq. ft. lot allows for ADU additions and/or ground-up condo or townhome development nearby townhomes on Aviation Way have sold for almost $2,000,000 each.

Location

State CA

County Los Angeles

Area 147 - Manhattan Bch Mira Costa

Zoning MNRH

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Covered

Total Parking Spaces 21

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4163009027

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Brice Head • CBRE, Inc.
Bought with Benjamin Lester • Kape Property Management, Inc.
agent-avatar

+1(949) 338-1712

rudy@rudyzuniga.com

27201 Puerta Real #300, Mission Viejo, CA, 92691

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.