Save
Ask
Tour
Hide
Share
$6,950,000
113 Days Online

124 11th Street
Manhattan Beach, CA 90266

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Sasha Rahban of SaraVita Properties Inc

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

124 11th Street124 11th Street124 11th Street124 11th Street
Save
Ask
Tour
Hide
Share

NEW UPDATED PRICE! OVER 1 MILLION DOLLAR PRICE REDUCTION. MOTIVATED SELLERS. BRING ALL OFFERS! We are proud to present 124 11th Street, a 4-unit mixed use asset located in the heart of downtown Manhattan Beach. One of the most desirable locations in all of Manhattan Beach, 124 11th Street is just steps from the ocean, Manhattan Beach Pier, and some of the hottest restaurants, shops and nightlife within walking distance. The residential units offers spectacular ocean views as they overlook the Manhattan Beach pier, sand and ocean waves. Built in 1946, the property has a great unit mix of three (3) residential units with ocean views and one (1) ground floor retail space which is located near the hottest retail spaces in the area. The apartment units consist of (1) two-bedroom, two-bathroom and (2) one-bedroom/ one-bathroom units. The property has undergone recent improvements including a new roof (Installed in 2020). Upon entering this property, you will find two separate entrances to two ground floor retail spaces which combine to 1 retail/office space. Perfect for an OWNER/USER. The property currently has 3 of the 4 units vacant, with the remaining tenant willing to move out with 60 day notice. This investment provides the perfect opportunity for an owner/user to occupy one of the magnificent ocean view apartment units and/or occupying the RETAIL/OFFICE space and renting out the other units for passive income. This is a trophy property that rarely hits the market. This iconic building in prime Downtown Manhattan Beach would be a prized asset in any investors real estate portfolio! Offering Memorandum can be provided upon request.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$6,950,000
Days Online 
113 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,966 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1946
MLS Number 
21792162
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
a month agoPrice changed to $6,950,000
4 months agoListing first seen online
General Features
Parking 
CoveredDoor MultiGarage
Parking Spaces 
4
Number of Stories 
2
Acreage 
0.06
Attached Garage 
No
Zoning 
MNRH
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Heating 
Central
Appliances 
DishwasherMicrowaveOvenRefrigeratorDryer
Laundry Features 
InsideLaundry ClosetIn Garage
Fireplace 
No
Save
Ask
Tour
Hide
Share
Exterior Features
Spa 
No
Waterfront Property 
No
Community Features
Association Dues 
0
MLS Area 
142 - Manhattan Bch Sand


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share