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4162 Manhattan Beach Blvd - Massive 4-Unit in Lawndale

4 Unit Apartment Building Offered at $2,126,205 CAD at a 2.57% Cap Rate in Lawndale, CA 90260

Investment Highlights

  • Large 5,580 SF 4-Unit Apartment Building in Lawndale
  • (1) 2-Car Garage Attached to Front Unit, (1) 4-Car Garage w/ Back Alley Access
  • Great Location in Lawndale – Manhattan Beach Adjacent and Right Down The Street From Alondra Park Golf Course
  • Strong Unit Mix: (1) Spacious 4-Bed/3-Bath Front Unit Townhome Stye Unit w/ Balcony, (3) 2-Bed/1-Bath Units
  • Great Upside Potential: 6.51% Market CAP | 10.79 Market GRM
  • On-Site Laundry

Executive Summary

4162 Manhattan Beach Blvd is a prime investment and potential owner-user opportunity located in Lawndale. This value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. The property features a 2-car garage attached to the front unit and a 4-car garage with back alley access.
With significant upside potential, the property delivers an impressive 6.51% market CAP rate and 10.79 market GRM, making it an attractive choice for investors. Priced at $375,000 per unit and $268 per square foot, it offers exceptional value with room for growth. Conveniently situated near the scenic Alondra Park Golf Course and just minutes from Manhattan Beach, this property’s location adds to its tenant appeal. Don’t miss this opportunity to invest in a high-demand South Bay area with strong long-term potential!

Property Facts

Price $2,126,205 CAD
Price Per Unit $531,551 CAD
Sale Type Investment
Cap Rate 2.57%
No. Units 4
Property Type Multifamily
Lot Size 0.12 AC
Building Size 5,580 SF
No. Stories 2
Year Built 1985
Opportunity Zone Yes
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code LNR3YY
LNR3YY
  • Listing ID: 34135822

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: 4162 Manhattan Beach Blvd, Lawndale, CA 90260

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