4162 Manhattan Beach Boulevard

Lawndale, CA 90260

$1,400,000
Last Sold Price
10
Beds
6
Baths
5,580 Sq. Ft.
$251 / Sq. Ft.
5,580
Sq. Ft.
$251
per Sq. Ft.

Description

4162 Manhattan Beach Blvd is a prime investment and potential owner-user opportunity located in Lawndale. This value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. The property features a 2-car garage attached to the front unit and a 4-car garage with back alley access. With significant upside potential, the property delivers an impressive 6.51% market CAP rate and 10.79 market...4162 Manhattan Beach Blvd is a prime investment and potential owner-user opportunity located in Lawndale. This value-add 4-unit apartment building offers a strong unit mix, including one spacious 4-bedroom, 3-bathroom townhome-style front unit, and three 2-bedroom, 1-bathroom units. The property features a 2-car garage attached to the front unit and a 4-car garage with back alley access. With significant upside potential, the property delivers an impressive 6.51% market CAP rate and 10.79 market GRM with potential to maximize income through eligible 8.9% rent increases for every unit. Priced at $375,000 per unit and $268 per square foot, it offers exceptional value with room for growth. There is also an appraisal on file in October 2024 for $1.771M. Conveniently situated near the scenic Alondra Park Golf Course and just minutes from Manhattan Beach, this property’s location adds to its tenant appeal. Don’t miss this opportunity to invest in a high-demand South Bay area with strong long-term potential!
  1. Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est • woody@lyonstahl.com
  2. Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 4162 Manhattan Beach Boulevard

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5580
Assessor Parcel Number
4074-008-004
Property Attached YN
true
LISTING UPDATED: 02/04/2025 09:16 AM

Property Details for 4162 Manhattan Beach Boulevard

StatusClosed
MLS #PW24246777
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.12 AC / 5,048 SF
CountyLos Angeles County

Building Information for 4162 Manhattan Beach Boulevard

Stories2Residences-Year Built1985Building Size-Lot Size0.12 AC / 5,048 SF

Property Information for 4162 Manhattan Beach Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $76,800
  • Gross Scheduled Income: $76,800
  • Vacancy Allowance: 3840
  • Gross Operating Income: $72,960
  • Net Operating Income: $38,537
  • Gross Multiplier: 19.53
  • Cap Rate: 2.57
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $34,423
  • New Taxes Expense: $19,776
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $6,975
  • Maintenance Expense: $3,072
  • Other Expense: $3,400
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $34,423
Tax / Assessment Info
  • Tax Tract Number: 7422
  • CFD/Mello-Roos Fee: $1,447
  • Tax Lot: 25
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 3650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 2595
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2595
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 2595
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 4162 Manhattan Beach Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4162 Manhattan Beach Boulevard

Taxable ValueLand$295,451Additions$246,696Total$542,147
Tax Record2024$8,072 ($673 / month)
Home Facts
Total Finished SqFt5,580 SqFtAbove Grade Finished SqFt5,580 SqFtStories1Lot Size5,048 SqFtStyleQuadraplexYear Built1985ZoningLNR3YYCountyLOS ANGELESAPN4074-008-004

Schools near 4162 Manhattan Beach Boulevard

This home is within Lawndale Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William Anderson Elementary School
PublicK to 5

Will Rogers Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 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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Similar Sold 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621; Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818

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.