Manhattan Beach - Beach Property For Sale #5541385

Attention Developers, Investors, Owner Users and 1031 Exchange Buyers. Don't miss out on this rare opportunity. A large fourplex with over 4,500 square feet of living space on over a 7,000 square foot lot. The building has one - 3 bedrooms/3 baths unit, two - 2 bedrooms/2baths units, and one - 2bedrooms/1 bath unit. For builders, the property has 2 sets of plans. One to build three townhomes approximately 3,000 square feet each, and another plan to build four townhomes approx 1,800 to 1,900 square feet each.
The sister building next door at 1450 is also for sale at the same price and also has plans to build townhomes. This gives you the opportunity to purchase 8 units on two lots, totaling over 14,000 square feet without having to go through the hassle of commercial financing.
For owner-users a great opportunity to occupy one of the units and collect rental income from the other 3 units.