3,131 sqft

$2,300,000

1436 Manhattan Beach Boulevard, Manhattan Beach CA, 90266

Price per sqft$734.59

Built in1955

Property size3,131 sqft

Property typeCondominium

Bought with Robert Sillman with Lyon Stahl Investment Real Estate, Inc. and Listed by Robert Sillman CA DRE# 02145409 with Lyon Stahl Investment Real Estate, Inc. [email protected]

Overview

Sold

Closed

Listed Sep 8, 2025

Updated Aug 25

$100,000 Price Improvement + 4.63% CAP Rate + Newly Vacant & Renovated 1-Bed Unit! 1436 Manhattan Beach Blvd offers a desirable unit mix of (2) 1-bed/1-bath, (1) 2-bed/1-bath, and (1) 3-bed/2-bath. Select units have been updated with new flooring, fresh paint, stainless steel appliances, and in-unit washer/dryers. The building itself was recently painted and designed for low maintenance, with ownership responsible only for water, sewer, and trash while tenants cover all remaining utilities. Additional highlights include (4) single-car garages, owned laundry machines, and mostly copper plumbing. A brand-new electrical system has already been paid for and is pending installation. The spacious 3-bedroom unit features a large private patio, making it an excellent option for an owner-user. The building is subject to AB 1482 statewide rent control, which currently allows annual increases of up to 8% (5% + CPI). 3 units are eligible for a rent increase now. Centrally located near award-winning schools, Target, Polliwog Park, Downtown Manhattan Beach, and the Pier, this property combines strong rental potential with an unbeatable coastal location. With steady tenant demand and limited multifamily supply in Manhattan Beach, the asset offers long-term stability and growth for both investors and owner-users alike.

Additional information

MLS^® ID: SB25197916

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Maintenance Expense: $2,000
Garage: Yes
View: Yes
55+/Senior Community: No

Bought with Robert Sillman with Lyon Stahl Investment Real Estate, Inc. and Listed by Robert Sillman CA DRE# 02145409 with Lyon Stahl Investment Real Estate, Inc. [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 5:09 AM UTC Last Checked: 5:09 AM UTC