1701 Artesia Boulevard Manhattan Beach, CA 90266
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.
- Property TypeTownhouse
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID NumberSB24139169
- Home Size Source N/A
- Year Built2025
- Lot Size0.3078 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 22
- Sewer Public Sewer
- Number of Stories Three Or More3
- Acreage 0.3078
- Water Public
- Property Sub Type Townhouse
- Garage Spaces 22
- Zoning MNCL
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Interior BalconyElevatorHigh Ceilings
- Laundry Features Inside
Exterior Features
- Pool Features None
Community Features
- Community Features CurbsSidewalks
- Senior Community No
- MLS Area 147 - Manhattan Bch Mira Costa