1220 Tennyson Street

Manhattan Beach, CA 90266

$3,199,900
Price
3
Beds
8
Baths
5,712 Sq. Ft.
$560 / Sq. Ft.
5,712
Sq. Ft.
$560
per Sq. Ft.

Description

Manhattan Beach, California is known for its beautiful beaches, upscale restaurants, and luxurious homes. And now, there is an exciting opportunity for investors looking to add to their portfolio in this highly sought-after area. A stunning 8-unit property is currently for sale in Manhattan Beach, offering a rare chance to own a piece of this prestigious community. Located just minutes from the beach and popular attractions, this property boasts a prime location that is sure to attract tenants. Each...Manhattan Beach, California is known for its beautiful beaches, upscale restaurants, and luxurious homes. And now, there is an exciting opportunity for investors looking to add to their portfolio in this highly sought-after area. A stunning 8-unit property is currently for sale in Manhattan Beach, offering a rare chance to own a piece of this prestigious community. Located just minutes from the beach and popular attractions, this property boasts a prime location that is sure to attract tenants. Each 1 bed 1 bath bungalow style unit comes with its own enclosed patio, in unit fireplace, and all units come with garage parking.
  1. Listed by Edwin Huber • DRE #01314032 • Brokerage DRE #01897136 • Century 21 Peak • 562-419-4942

Property Details for 1220 Tennyson Street

Parking Spaces Total
7
Private Pool
No
Cooling Type
N/K
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5712
Assessor Parcel Number
4168-012-019

Location

Listing Courtesy of Century 21 Peak, Edwin Huber, DRE #01314032
Add your commute
LISTING UPDATED: 06/13/2024 09:42 AM

Property Details for 1220 Tennyson Street

StatusActive Under Contract
MLS #DW24102557
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Peak, Edwin Huber, DRE #01314032
Add your commute

Building Information for 1220 Tennyson Street

Building/Complex1220 Tennyson StFloor-Stories1Residences-Pet Policy-Year Built1958Building Size-

Payment Calculator

$17,936 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,463

Property Taxes

$473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1220 Tennyson Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $185,940
  • Gross Scheduled Income: $185,940
  • Net Operating Income: $125,068
  • Gross Multiplier: 17.21
  • Cap Rate: 3.91
Expense Details
  • Operating Expense: $60,872
  • Operating Expense Percent: 32.74%
  • New Taxes Expense: $31,960
  • Gardener Expense: $2,400
  • Fuel Expense: $0
  • Electric Expense: $396
  • Insurance Expense: $12,000
  • Professional Management Expense: $0
  • Trash Expense: $3,437
  • Water Sewer Expense: $2,304
  • Total Expenses: $60,872
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 6174
  • Tax Census Tract: 6208.02
  • CFD/Mello-Roos Fee: $2,107
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Front
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: Vinyl
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft, Up Slope from Street
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 7
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $10,800
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,195
  • Unit Type Total Rent: $2,195
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Patio: 8

Property History for 1220 Tennyson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1220 Tennyson Street

Taxable ValueLand$196,040Additions$124,832Total$320,872
Tax Record2023$5,678 ($473 / month)
Home Facts
Total Finished SqFt5,712 SqFtAbove Grade Finished SqFt5,712 SqFtLot Size14,328 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningMNRHCountyLOS ANGELESAPN4168-012-019

Schools near 1220 Tennyson Street

This home is within Manhattan Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Aurelia Pennekamp Elementary School
PublicK to 5

Manhattan Beach Middle School
Public6 to 8

Mira Costa High School
Public9 to 12

Hope Chapel Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Peak, Edwin Huber, DRE #01314032

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.