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Multifamily

2106 Manhattan Beach Blvd

2106 Manhattan Beach Blvd, Redondo Beach, CA 90278

Listing Price: $13,250,000

Cap Rate
4.48%
Number of Units
18
GRM
15.74
Occupancy
100.0%
Price/Unit
$736,111

Investment Overview

The Weir Group is pleased to present our newest exclusive listing in the city of Redondo Beach. 2106 Manhattan Beach Blvd is situated in one of the most centralized South Bay locations with immediate proximity to major employment, entertainment, and industry hubs. The property is comprised of 18 townhouse units. 15 of the units have been fully renovated from top to bottom including new electrical, plumbing, premium kitchens and bathrooms, plank flooring, and stackable, in-unit washer/dryers. The remaining 3 units are in classic condition and can be delivered fully renovated. Additionally, each townhome is complete with its own private patio and gated, on-grade parking. The community has been re-roofed and two-toned painted and has retrofit windows, lighting/signage package, wood façade cladding, and low irrigation landscaping.

2106 Manhattan Beach Blvd is positioned in one of the most ideal locations on the corner of Manhattan Beach Blvd and Aviation Blvd, directly across the street from Northrup Grumman’s 100-acre headquarters and office park. 2106 Manhattan Beach Blvd is less than 1 mile to the 405 exit/entry, and 1 mile to the Rosecrans corridor. The property is also located only 2 miles away from Manhattan Beach Pier, offering tenants an extremely desirable place to live for both employment and lifestyle. A new owner can benefit from scale purchasing a rarely traded, 18-unit asset with minimal future repairs and maintenance. For more information, please reach out to Jonathan Weir.

Investment Highlights

  • Rare Larger South Bay Multifamily
  • Turn-Key Asset
  • 100% 2 Bedroom Townhomes
  • Units Include Ultra-Premium Renovations & In-Unit W/D
  • All Units Include Private Patios

Exclusively Listed By

Financing By

Multifamily

2106 Manhattan Beach Blvd

Listing Price: $13,250,000

Cap Rate
4.48%
Number of Units
18
GRM
15.74
Occupancy
100.0%
Price/Unit
$736,111

Investment Highlights

  • Rare Larger South Bay Multifamily
  • Turn-Key Asset
  • 100% 2 Bedroom Townhomes
  • Units Include Ultra-Premium Renovations & In-Unit W/D
  • All Units Include Private Patios

Investment Overview

The Weir Group is pleased to present our newest exclusive listing in the city of Redondo Beach. 2106 Manhattan Beach Blvd is situated in one of the most centralized South Bay locations with immediate proximity to major employment, entertainment, and industry hubs. The property is comprised of 18 townhouse units. 15 of the units have been fully renovated from top to bottom including new electrical, plumbing, premium kitchens and bathrooms, plank flooring, and stackable, in-unit washer/dryers. The remaining 3 units are in classic condition and can be delivered fully renovated. Additionally, each townhome is complete with its own private patio and gated, on-grade parking. The community has been re-roofed and two-toned painted and has retrofit windows, lighting/signage package, wood façade cladding, and low irrigation landscaping. 2106 Manhattan Beach Blvd is positioned in one of the most ideal locations on the corner of Manhattan Beach Blvd and Aviation Blvd, directly across the street from Northrup Grumman’s 100-acre headquarters and office park. 2106 Manhattan Beach Blvd is less than 1 mile to the 405 exit/entry, and 1 mile to the Rosecrans corridor. The property is also located only 2 miles away from Manhattan Beach Pier, offering tenants an extremely desirable place to live for both employment and lifestyle. A new owner can benefit from scale purchasing a rarely traded, 18-unit asset with minimal future repairs and maintenance. For more information, please reach out to Jonathan Weir.

Exclusively Listed By

Financing By

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