1421 12th St APT 1, Manhattan Beach, CA, 90266 | 5.2% Rental Yield

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1421 12th St APT 1, Manhattan Beach, CA, 90266 | 5.2% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Manhattan Beach at 1421 12th St APT 1, Manhattan Beach, CA, 90266 listed at $1,350,000 pairs $5,848/mo rent with a $6,608/mo payment. Total monthly income runs $5,848/mo. Return on cash invested measures 13.5% in year one, and rental yield registers 5.2% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 68.39% and total cumulative return in cash totals $299,117. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,848/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1985

7,497 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1421 12th Street, Unit 1, a bright and airy front townhome in a quaint Cape-Cod style building. Flooded with natural light, this home features an open floor plan where the kitchen, dining, and living spaces connect seamlessly. Off the dining area, sliding glass doors open to a spacious terrace, perfect for outdoor dining or lounging. The updated kitchen showcases stainless steel appliances, new stone countertops, refaced cabinetry, and fresh paint. Additional highlights on the main level include hardwood floors throughout, a brick fireplace, and a convenient powder room. Upstairs, two bedrooms each enjoy their own ensuite bath and large closets, creating a versatile dual-primary layout. One bedroom also features a private terrace with room for seating and lounging. The lower level provides direct access to a two-car garage with ample storage. This special property (one of only five units) is a quiet escape, located just one block from Meadows Elementary, Polliwog Park, and Manhattan Beach Middle School. Manhattan Beach Preschool is also just around the corner. With easy access to downtown shops and dining, plus LAX and major freeways just minutes away, this location is ideal for both convenience and lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,790 (100%)
Owner Occupied HU	9,139 (61.8%)
Renter Occupied HU	4,418 (29.9%)
Vacant Housing Units	1,233 ( 8.3%)
Median Home Value	$2,000,001
Average Home Value	$1,932,922