Condominium buy in Manhattan Beach California

We are pleased to present a commercial property in Manhattan Beach located across the street from Manhattan Village. Manhattan Village boasts major renovations since 2017 with many incoming retailers and high traffic. This 3 tenant retail center includes 2 that are NNN. Majority long term tenants yield stable return. The lot is a flat oversized lot at 17292 SF currently zoned at MBC2YY at 160'x108' which yields future potential construction. (must check with city planning commission). There are 20 parking spaces for 4756 SF of rental space, with potential to draw out more spaces. Rare opportunity to acquire this commercial building with a big lot size for future redevelopment potential. MLS® ID: SB21241356 Listed: 11/2/21 Updated: 9/29/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Exterior/Building Features Lot Size: 0.4 acres lot Lot Details: 0-1 Unit/Acre Other Property Details Area Name: 143 - Manhattan Bch Tree Taxes: $59194.09 Tax Frequency: per YEAR Garage: No Parking: N View: N County: Los Angeles Water Source: Public Pool: No Zoning: MBC2YY Property History Date Event Price Value 6/8/22 Price Change $6,500,000 -8% 4/7/22 Price Change $7,100,000 -5% 3/1/22 Price Change $7,500,000 -6% Listed by Andrew Tseng, The Realestate Group, Based on information from California Regional Multiple Listing Service, Inc. as of 9/29/22. 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, 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.