Multifamily Property with On-Site
For Sale
$5,495,000
1826 12th St, Manhattan Beach, CA 90266
Two residential buildings offer renovated units, shared laundry facilities, and parking in Manhattan Beach.
Property Size6,384 SF
Lot Size0.19 Acres
Price / SF$860.75
Days on Market48
Property Features for 1826 12th St
General Information
Standard status
Active
Size
6,384 SF
Lot size
0.19 Acres
Property subtype
Investment
Units
Unit Mix
10 x 2BR/1BA
Multifamily Units
10
Additional Details
Public Transit
Yes
Amenities
on-site parking
laundry facilities
in-unit laundry
Building Details
Building Size
6,384 SF
Year Built
1957
Buildings
2
Units
10
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Brett Lyon · License #01717818
(310) 706-4066
Source:
Elliman
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 1 at 7:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
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Investment Insights
Based on property information with market context.
This 10-unit multifamily property consists of two buildings totaling approximately 6,384 square feet on an 8,254 square foot lot. The unit mix is entirely composed of 2-bed/1-bath residences. Six units have been renovated, and three include in-unit laundry. Additional property features include on-site parking and laundry facilities.
Ownership improvements completed since 2023 include a full roof repair, new subpanels, and SB 721 compliance. The property is located near Trader Joe’s, Polliwog Park, Manhattan Beach Middle School, and the Redondo Beach Performing Arts Center. Walk Score is 36, Bike Score is 42, and Transit Score is 52. The building was constructed in 1957, and nearly all occupied units are eligible for the maximum allowable rent increase under AB 1482.
Ownership improvements completed since 2023 include a full roof repair, new subpanels, and SB 721 compliance. The property is located near Trader Joe’s, Polliwog Park, Manhattan Beach Middle School, and the Redondo Beach Performing Arts Center. Walk Score is 36, Bike Score is 42, and Transit Score is 52. The building was constructed in 1957, and nearly all occupied units are eligible for the maximum allowable rent increase under AB 1482.
Key Highlights
- 10‑unit multifamily property across two buildings
- All units are 2‑bed/1‑bath residences
- Approximately 6,384 square feet on an 8,254 square foot lot
Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
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Business Placement
Demographics for 90266, CA
35,506
Population
14,945
Households
2.4
Avg Household Size
43
Median Age
79%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
8,877
Density / Sq Mi
$193,904
Median Household Income
$114,154
Median Earnings
$3,492
Median Rent
$2,000,001
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings offer renovated units, shared laundry facilities, and parking in Manhattan Beach.
Where is this apartment building located?
The property is located at 1826 12th St Manhattan Beach, CA.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 10‑unit multifamily property across two buildings; All units are 2‑bed/1‑bath residences; Approximately 6,384 square feet on an 8,254 square foot lot
