Est. cap rate

4.4%

Assumed rent, all units

$13,960/mo

Units

4

Price per unit

$480,000

Est. annual NOI

$83,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,400 sqft

Lot size

4,893 sqft

Year built

1957

Stories

1

Garage spaces

4

Style

Bungalow

Heating

Wall Furnace,Central

Cooling

None

Pool

None

View

None

Status

Active

Days on market

1

MLS #

248022679

About this property

An exceptional opportunity to own a four-unit income property in Manhattan Beach, directly across from beloved Polliwog Park. Offering an appealing combination of location, rental potential, and long-term investment value, this property features four 1-bedroom, 1-bathroom residences of approximately 550 square feet each. A standout feature is the rare combination of a private, single-car garage AND built-in washer and dryer in every unit—highly desirable conveniences that distinguish this property from typical rental offerings. The two rear units also enjoy access to an outdoor area. Location is a key advantage, with Polliwog Park just across the street, offering walking paths, green space, and the popular summer Concerts in the Park series. Trader Joe's, shopping, dining, and schools within the highly regarded Manhattan Beach Unified School District are all nearby. Ideally positioned between major aerospace and technology employment centers to the east and the beaches, Manhattan Beach Pier, and vibrant downtown to the west, the property offers convenient access to both work and recreation. For investors, four separate residences provide multiple rental income streams in one of the South Bay's most desirable coastal communities. For owner-users, the opportunity to occupy one unit while generating income from the other three creates an appealing path to Manhattan Beach ownership. With its sought-after location, desirable amenities, and flexibility for future use, this property presents a compelling opportunity to enjoy the Manhattan Beach lifestyle while building long-term real estate wealth.

Location

1426 Manhattan Beach

Manhattan Beach, Los Angeles, CA, 90266