$3,150,000
$2,995,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
1,995 Sqft Lot
SOLD DATE : 06/24/2022
Key Details
Sold Price $3,150,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22056273
Sold Date 06/24/22
HOA Y/N No
Year Built 1939
Annual Tax Amount $33,381
Tax Year 2021
Lot Size 1,995 Sqft
Property Sub-Type Mixed Use
Property Description
We are pleased to present this rare purchase opportunity in Downtown Manhattan Beach. 229 13th St. Manhattan Beach is a beach-side mixed-use property consisting of a restaurant and two residential units. This is an amazing opportunity to obtain a south facing 30' x 67' lot on a desirable walk street in the Sand Section. The property is just a one minute walk to the sand and adjacent to the well-known Uncle Bill's Pancake House. Ocean View Café occupies the restaurant space of the subject property on a Month to Month basis. They are an American & Mediterranean café serving omelets, salads, & sandwiches inside and on an ocean view patio. There is also a two story duplex located directly behind the restaurant consisting of two 1 bedroom 1 bath residential units. There are approximately three parking spaces located in the rear of the property along with a small one car garage used for storage. This is a very unique opportunity for a user, investor, or developer looking to occupy, collect cash flow, or reposition the property. The in-place cash flow and month-to-month tenancy gives a buyer flexibly with regard to how they would like to reposition or use the property. This is the most attractively priced lot in Downtown Manhattan Beach and won't last long.
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Total Parking Spaces 3
Building
Lot Description Street Level
Water Public
Others
Tax ID 4179025015
Financing Conventional
Special Listing Condition Standard
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Bought with Ryan Sharpe Kidder Mathews of California, Inc