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1446 12th Street

Manhattan Beach, CA 90266
  • $3,400,000
  • STATUS: ACTIVE
  • ON SITE: 129 Days
  • ID#: PV24224558
UPDATED: 37 min ago
$3,400,000
  • 9
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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. Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/157700299
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1446 12th Street Manhattan Beach, CA 90266

  • Price: $3,400,000
  • Status: ACTIVE
  • On Site: 129 Days
  • Updated: 37 min ago
  • ID#: PV24224558
9
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Manhattan Beach (90266)
County:
Los Angeles
Area:
Manhattan Beach (90266)
Property Description
Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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. Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Dont 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.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Curbs

Interior Features

Total Baths Unit1 3 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 1

Property Features

Annual Expense Actual 6282 Buildings 1 Cfd Mello Roos Fee 831.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 132000 Home Owners Fees 0.0 Monthly Total Fees 69 Possession Close of Escrow Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3800.0 Unit2 Rent Actual 2400.0 Unit3 Rent Actual 2400.0 Unit4 Rent Actual 2400.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Jim Ghannadi of Estate Properties: 310-686-5040. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037