After a steep increase in real estate prices during 2013 in Manhattan Beach the inventory still remains very tight. Income properties are no exception as there is currently only one Manhattan Beach income property listed for sale. The two unit property is located on 44th St. and asking price is $1,175,000.
Four Manhattan Beach multifamily properties are in escrow with accepted offers. Prices range from $1,550,000 to $3,700,000.
Scrolling back to closed sales since January 1, 2014 the MLS shows six multifamily sales in Manhattan Beach. Price range from $1,255,000 to $1,867,500 and all sales were two unit properties.
For more information about Manhattan Beach income property for sale contact us at ToeringandTeam@gmail.com
Manhattan Beach income units for sale:
Rainmaker
1,585,495
1,585,495
Norma Toering Broker for Palos Verdes and Beach Cities
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South Bay Los Angeles cities I sell real estate in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.
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