Manhattan Beach, CA 90266 1446 12th Street

Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don’t miss out on this rare opportunity to acquire a four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom, two 2 bedroom / 2 bath and one 2 bedroom / one bath unit. For builder, there are already 2 sets of plans, first set to build three large townhome units totaling approximately 3,000 square feet each. Another set of plans to build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14000 square feet of available space. It is a great opportunity for owner user to occupy one of the units and collect rental income from the other 3 units. Current rents are below market.