Sold
1601 Artesia Blvd
Manhattan Beach CA, 90266
$9,050,000
$580.57 per sqft
Sold
22 Baths
15,588 sqft
Multi-family
Built in 1961
A rare, LARGE investment opportunity in irreplaceable "90266" - mere minutes to world famous sand and surf. The twelve 1 Bed units are ideal for the typically young, single renters in The Beach Cities, whereas the eight 2 Bed units and one 3 Bed unit appeal to couples and work-at-home renters. Additionally, the building has newer, dual-pane windows and copious parking with 21 enclosed garage spots - not that common in buildings closer to the sand. Also, this highly-accessible location near Aviation has wider appeal than units near The Strand - an approachable "beach" option for many renters means high occupancy, all the time. A friendly, 'community' vibe is highlighted by comfortable, landscaped common areas with umbrellas, tables and chairs. And walking distance to award-winning Mira Costa High School. High-demand units in an even higher-demand location means capital appreciation is nearly guaranteed, for a savvy Buyer. And on a potentially larger scale, the 21K sq. ft. lot allows for ADU additions and/or ground-up condo or townhome development nearby townhomes on Aviation Way have sold for almost $2,000,000 each.
23-270747
MLSⓇ ID
May 16, 2023
Listed
January 14, 2025
Updated
Map
1601 Artesia Blvd
Manhattan Beach CA, 90266
Interior Features
Total Stories
2
Total Bathrooms
22
Appliances
Range/Oven
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.49 Acres
Other Property Details
Area Name
Manhattan Beach Mira Costa
Days on Market
120
Garage
No
Parking
Covered Parking
Parking Total
21
View
No
County
Los Angeles
Pool
No
Zoning
MNRH
Listed by Brice Head with CBRE, Inc.
Listing Contact: 310-344-8218
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Mark Gruskin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025