4162 Manhattan Beach Blvd - Massive 4-Unit in Lawndale
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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!
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 | Lot Size | 0.12 AC |
Price Per Unit | $531,551 CAD | Building Size | 5,580 SF |
Sale Type | Investment | No. Stories | 2 |
Cap Rate | 2.57% | Year Built | 1985 |
No. Units | 4 | Opportunity Zone |
Yes
|
Property Type | Multifamily |
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 |
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Walk Score ®
Very Walkable (81)
zoning
Zoning Code | LNR3YY |
LNR3YY |
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4162 Manhattan Beach Blvd - Massive 4-Unit in Lawndale
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