Investment Overview

Marcus & Millichap is pleased to present to market 1250 Manhattan Beach Boulevard, a turnkey fourplex in sought-after Manhattan Beach, California. This offering presents an exciting opportunity to acquire a thoughtfully renovated asset loaded with quality upgrades and amenities in a strong coastal submarket. 1250 Manhattan Beach Boulevard features a mix of one three-bed/two-bath and three one-bed/one-bath units. All units have been remodeled with brand new kitchens, new baths, in-unit laundry, LVP flooring, new vinyl windows, new water heaters, and more. This asset’s extensive recent capital improvements list also includes a new roof, updated plumbing and electrical, and additional thoughtful upgrades to support ongoing property operations and support rental demand. The property is located just one mile from the Manhattan Beach Pier, offering tenants easy access to the beach, dining, and retail (Target is less than a block away). This area boasts a strong tenant base: the average household income within one mile is over $216,000. This asset’s extensive list of recent upgrades make it a pride-of-ownership asset and an excellent acquisition opportunity for any investor looking for a turnkey South Bay asset.