1701 Artesia Boulevard, Manhattan Beach, CA 90266
-
Listed Price :
$20,000,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2025
Property Description
Great rental opportunity in prestigious Manhattan Beach. Comprising twelve thoughtfully designed residential units, including ten 2-bedroom/2-bathroom and two 1-bedroom/1.5-bathroom configurations, each crafted as single-level condos, this property epitomizes contemporary luxury living. Impeccable attention to detail and modern design elements create an atmosphere of refined elegance throughout, appealing to discerning tenants and homeowners alike.
Enhancing the property's allure is a commercial unit, offering potential for additional revenue streams or an opportunity to establish a thriving business in a highly desirable location.
Investors will be particularly drawn to the promise of lucrative rental income and the flexibility afforded by the ability to sell units individually. This feature not only maximizes potential returns but also offers a hedge against market fluctuations, making it an ideal investment for long-term wealth accumulation. This multi-unit property presents a compelling business proposition, combining luxury living, strategic location, and promising revenue potential. Proforma gross annual income $832,500. Proforma cap rate of 3%. Anticipated completion October 2025.
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Features |
Balcony, Elevator, High Ceilings |
| Cooling Type |
Central Air |
Listing Information
| Address |
1701 Artesia Boulevard |
| City |
Manhattan Beach |
| State |
CA |
| Zip |
90266 |
| County |
Los Angeles |
| Listing Agent |
Jeremiah Carew DRE #01374136 |
| Courtesy Of |
3 Leaf Realty Inc |
| List Price |
$20,000,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Townhouse |
| Structure Size |
N/A |
| Lot Size |
13,409 |
| Year Built |
2025 |
Listing information courtesy of: Jeremiah Carew, 3 Leaf Realty Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 9th, 2024 at 4:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
