442 Manitoba St - Apartments FOR SALE


Playa Del Rey, CA 90293
$1,999,000 USD
707-332-5204
442 Manitoba St, Playa Del Rey, CA for Sale
$1,999,000 USD
Apartments - FOR SALE
1/28
null | 3.86% Cap Rate

442 Manitoba St
Playa Del Rey, CA 90293


HIGHLIGHTS

  • ½ mile from the ocean, walking distance to the beach, downtown Playa Del Rey, and popular shops and restaurants.
  • New 31-acre park (Lulu’s Place) under construction nearby, featuring tennis courts, soccer fields, playgrounds, dog park, and walking paths.
  • Both units beautifully refreshed in 2015 with new water heaters, lighting fixtures, roofing, and central heat/AC.
  • Vacant front unit ideal for owner-occupancy, with high-end custom finishes.
  • Units include stainless steel appliances and in-unit washer/dryers.
  • Detached two-car garage for each unit with private outdoor space.

OVERVIEW

Located just ½ mile from the ocean and within walking distance to the beach, downtown Playa Del Rey, and popular shops and restaurants, 442 Manitoba St offers an exceptional coastal lifestyle. Nearby, the new 31-acre park, Lulu’s Place, is under construction, featuring tennis courts, soccer fields, playgrounds, a dog park, and walking paths. Both units were beautifully refreshed in 2015 with high-end updates, including new water heaters, lighting fixtures, roofing, and central heat/AC. The vacant front unit is ideal for owner-occupancy, showcasing custom finishes, stainless steel appliances, and in-unit washer/dryers. Each unit includes a detached two-car garage with private outdoor space, offering the potential to convert garages into an ADU for added income. Situated near major aerospace employers in El Segundo and Hawthorne and close to Silicon Beach, Culver City, and Marina Del Rey, this property combines convenience, style, and investment potential.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$641 USD /SF

# OF UNITS

2

PRICE/UNIT

$999,500

CAP RATE

3.86%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,003 SF

ZONING

LAR2

APN/PARCEL ID

4117-028-031

ASK ABOUT THIS PROPERTY

Tyler FarrarPacific Partners Real Estate InvestmentsMore Info
707-332-5204

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Tyler FarrarPacific Partners Real Estate InvestmentsMore Info
707-332-5204

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.