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Multifamily Property with On-Site Parking
New
For Sale
$5,695,000

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$892.07
Days on Market2

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
Source: Elliman
Added: Sep 16 Last Checked: Sep 16 at 1:45PM

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

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.

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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Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Nail Salon Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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 $5,695,000.
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
More about this property
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