#PV24224581, Jim Ghannadi, Listing Office: Estate Properties
#SB25044919·
Listing Office: Inland Pacific Management Company·
Listing Agent: Michael Miller·
Listing Office Phone: 310-376-9824
$3,000,000 List price
1818 12th St Manhattan Beach, CA 90266
0.09 acres
Multi-Family
Property details
About 1818 12th St
Prime Investment Opportunity in Manhattan Beach, CA Welcome to this exceptional 5-unit apartment building located in the heart of Manhattan Beach, CA. This property offers a unique investment opportunity in one of the most sought-after coastal communities in Southern California. Property Highlights: Unit Details: Each of the five units boasts approximately 550 sqft (buyer to verify) of well-designed living space, featuring 2 bedrooms and 1 bathroom. Modern Amenities: All units have been tastefully remodeled and come equipped with a stove, dishwasher, microwave, and refrigerator, ensuring a comfortable and convenient living experience for tenants. Parking: Each unit includes one carport space, providing secure and accessible parking. Laundry: The building offers a coin-operated laundry facility, adding an extra layer of convenience for residents. Location Benefits: Award-Winning School District: Manhattan Beach is renowned for its top-rated schools. Beautiful Beaches: Enjoy the stunning beaches just a short distance away, perfect for relaxation and recreation. Vibrant Downtown: The property is conveniently located a short drive to downtown Manhattan Beach, offering a variety of shops, dining options, and entertainment venues. This property is a fantastic opportunity for investors looking to capitalize on the high demand for rental units in Manhattan Beach. Don't miss out on this chance to own a piece of prime real estate in a thriving community.
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.0947 Acres
Year built1957
ParkingAssigned, Carport
MLS #SB25044919
FireplaceBath, Gas, Kitchen, Living Room
Summary
- MLS Number: SB25044919
- MLS Name: CRMLS
- Office Name: Inland Pacific Management Company
- Office Phone: (310) 376-9824
- Listing Agent: Michael Miller
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,000,000
1818 12th St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 07, 2014 | Home Sold | $3,050,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,832,776 | $21,931 |
| 2023 | $1,796,840 | $21,302 |
| 2022 | $1,761,609 | $20,949 |
| 2021 | $1,727,068 | $20,744 |
| 2020 | $1,709,360 | $20,208 |
| 2019 | $1,675,844 | $19,783 |
| 2018 | $1,642,985 | $19,158 |
| 2017 | $1,610,771 | $19,158 |
History based on county public records data.
Nearby schools
9
Meadows Elementary School
Public District KG-5
0.6 mi
•1200 N Meadows Ave
7
Lincoln Elementary School
Public District KG-5
0.7 mi
•2223 Plant Ave
9
Pennekamp Elementary School
Public District KG-5
0.8 mi
•110 S Rowell Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $180,000. The majority of Manhattan Beach, CA residents have income $200k+ annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
5%
<35k
18%
35k-100k
33%
100k-200k
44%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1818 12th St in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Village / Library Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $3,000,000.
In January 2025 more than 4 listings in Manhattan Beach, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 12 were sold below. In January 2025 in Manhattan Beach, CA there were 37% more homes for sale than in December. While the average time on the market in January 2025 was 38 days, the median list price was $3,246,666.
From Rocket Homes Real Estate and based on county public records data.