$2,500,000
$2,575,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
2,424 SqFt
SOLD DATE : 06/20/2023
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $1,031
MLS Listing ID SB23092050
Sold Date 06/20/23
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1958
Lot Size 2,382 Sqft
Acres 0.0547
Property Description
Ocean view income property at Manhattan Beach's notorious surf and sand beach, El Porto. Fantastic income opportunity!!! Triplex with 2 bonus units on an oversized lot! Unit mix includes two updated 2-bedrooms, one 1-bedroom and two bonus studios. 5 parking spots with 2 covered. Top ocean view unit nicely updated and perfect for owner/user to live and rent the rest! Or collect rents and get one of the highest cap rates seen in the Sand Section for income and potential appreciation! Power lines in this area are coming down as work is nearing the final phase! This is a huge bonus to potential value added as well as aesthetically pleasing! Don't miss this unique opportunity to own prime beach real estate in one of the fastest growing locations!
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNRH
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Granite Counters, Unfurnished
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Garage None
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected
View Y/N Yes
View Ocean
Parking Type None
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 4137005055
Energy Description 1500.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Probate Listing
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Bought with Anoop Garg • The Real Estate Consultants Westside Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "