Manhattan Beach - Beach Property For Sale #5541385

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don't miss out on this rare opportunity to acquire a four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14000 square feet of available space. Current rents are below market. For owner-users a great opportunity to occupy one of the units and collect rental income from the other 3 units.