142 The Strand bike path in Manhattan Beach CA

After a steep increase in real estate prices during 2013 in Manhattan Beach the inventory still remains very tight.  Income properties are no exception as there is currently only one Manhattan Beach income property listed for sale.  The  two unit property is located on 44th St. and asking price is $1,175,000.

Four Manhattan Beach multifamily properties are in escrow with accepted offers.  Prices range from $1,550,000 to $3,700,000.

Scrolling back to closed sales since January 1, 2014 the MLS shows six multifamily sales in Manhattan Beach.  Price range from $1,255,000 to $1,867,500 and all sales were two unit properties.

For more information about Manhattan Beach income property for sale contact us at ToeringandTeam@gmail.com

Manhattan Beach income units for sale:

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