220 14th Street

Manhattan Beach, CA 90266

$4,599,000
Price
4
Beds
4
Baths
2,628 Sq. Ft.
$1,750 / Sq. Ft.
2,628
Sq. Ft.
$1,750
per Sq. Ft.

Description

Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development...Exceptional 4-unit apartment building just steps away from downtown and the iconic Manhattan Beach Pier. Nestled only 8 parcels away from the renowned beachfront, this property offers unparalleled convenience and coastal living. Two upper units boast captivating ocean views from their decks, while the lower units feature enclosed patios doubling as a second bedroom. Situated on an oversized 4,190 square foot sand section lot, extending from street to alley, this property presents effortless development opportunities. Three brand new and presold condos are being developed next door. Endless possibilities for value enhancement include remodeling and re-leasing, short-term rentals, adjusting rent positioning, owner occupancy with rental income, condominium conversion or tenancy in common (TIC), or redevelopment for a new project. Ample on-site parking with 10 spaces available, rare for a property in this location. Embrace the promise of capital appreciation in this sought-after beachfront locale. Indulge in the vibrant offerings of downtown Manhattan Beach, from shopping to fine dining, or unwind with a leisurely stroll along the nearby sunset-lit strand. This unique opportunity will elevate your investment portfolio.

Property Details for 220 14th Street

View
Ocean
Parking Spaces Total
10
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2628

Location

Listing Courtesy of Rohera Capital, Akash Rohera, DRE #01998388
Add your commute
LISTING UPDATED: 05/07/2024 01:44 AM

Property Details for 220 14th Street

StatusActive
MLS #SB24079251
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
CountyLos Angeles County

Location

Listing Courtesy of Rohera Capital, Akash Rohera, DRE #01998388
Add your commute

Building Information for 220 14th Street

Building/Complex220 14th StFloor-Stories2Residences-Pet Policy-Year Built1959Building Size-

Payment Calculator

$28,953 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,099

Property Taxes

$3,854

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 14th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $200,700
  • Gross Scheduled Income: $203,100
  • Net Operating Income: $135,700
Expense Details
  • Operating Expense: $65,000
  • New Taxes Expense: $55,648
  • Electric Expense: $1,200
  • Insurance Expense: $2,250
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
  • Total Expenses: $65,000
Tax / Assessment Info
  • Tax Tract Number: 6174
  • Tax Census Tract: 6203.05
  • CFD/Mello-Roos Fee: $848
  • Tax Lot: 36
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Equipment: Dryer, Washer
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Laundry Location: Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
Exterior Features
  • Entry Location: Side
  • Structure Type: Quadruplex
  • Miscellaneous: Gutters
  • View Description: Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Walk Score: 94
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Garage, Uncovered
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Non-Garage: Uncovered
  • Parking Garage Spaces: 4
  • Parking Garage: Assigned, Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Assigned, Garage, Uncovered
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • 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: $3,290
  • Unit Type Total Rent: $3,290
  • Unit Type Pro Forma: 4500
  • 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: $3,600
  • Unit Type Total Rent: $3,600
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 3
Unit 4
  • 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: $3,561
  • Unit Type Total Rent: $3,561
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 220 14th 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 220 14th Street

Taxable ValueLand$3,978,000Additions$102,000Total$4,080,000
Tax Record2023$46,243 ($3,854 / month)
Home Facts
Total Finished SqFt2,628 SqFtAbove Grade Finished SqFt2,628 SqFtLot Size4,192 SqFtStyleQuadraplexYear Built1959ZoningMNRHCountyLOS ANGELESAPN4179-025-003

Schools near 220 14th 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 - PK to 8
Rating
School
Distance
Grand View Elementary School
PublicK to 5

Manhattan Beach Middle School
Public6 to 8

Mira Costa High School
Public9 to 12

American Martyrs School
PrivatePK to 8

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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220 14th Street is a multi-family home for sale in Manhattan Beach, CA 90266. This property was listed for sale on May 6, 2024 by Rohera Capital, it's currently listed at $4,599,000. It has been on the market for a total of 13 days and was last sold on March 2, 2022. This listing's school district is Manhattan Beach Unified School District. Nearby schools include Grand View Elementary School, Manhattan Beach Middle School and Mira Costa High School. 220 14th Street is a 4-bed, 4-bath, 2,628 sqft multi-family home built in 1959.

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 Rohera Capital, Akash Rohera, DRE #01998388

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.