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    520 Manhattan Beach Blvd

    Manhattan Beach, CA 90266
    • $2,999,000
    • STATUS: Active
    • ON SITE: 26 Days
    • ID#: 21-790870
    UPDATED: 206 min ago
    $2,999,000
    • 4
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,128
      SQFT
    • $1,409
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This fully vacant duplex is an opportunity for an investor or owner-user to purchase a multifamily property in the heart of Manhattan Beach, California. The property consists of a mix of (2) two-bed/two-bath units. Both units have an identical floorplan and boast a full kitchen, in-suite washer/dryer, wood-burning fireplace, balconies/patios with views of the ocean. Each unit has had Anderson glass doors installed in the back bedroom deck and the property has been newly painted. The ground floor has (2) large one-car garages with new doors and additional driveway space. The garages also have extra space for additional storage rooms.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-27T23:42:53.01. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/122028739
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    520 Manhattan Beach Blvd Manhattan Beach, CA 90266

    • Price: $2,999,000
    • Status: Active
    • Updated: 206 min ago
    • ID#: 21-790870
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,128
    SQFT
    $1,409
    $/SQFT
    1960
    Built
    Neighborhood:
    Manhattan Beach Hill
    County:
    Los Angeles
    Area:
    Manhattan Beach Hill
    Property Description
    This fully vacant duplex is an opportunity for an investor or owner-user to purchase a multifamily property in the heart of Manhattan Beach, California. The property consists of a mix of (2) two-bed/two-bath units. Both units have an identical floorplan and boast a full kitchen, in-suite washer/dryer, wood-burning fireplace, balconies/patios with views of the ocean. Each unit has had Anderson glass doors installed in the back bedroom deck and the property has been newly painted. The ground floor has (2) large one-car garages with new doors and additional driveway space. The garages also have extra space for additional storage rooms.
    Exterior Features

    Lot Size Area 2493 Other Structures None Parking Garage AttachedDriveway Total Parking 6 View Description CoastlineOcean View YN Yes

    Interior Features

    Baths Total 4.00 Cooling Other Equipment DishwasherRefrigeratorWasherDryer Heating Other Laundry In UnitRoom

    Property Features

    Alley YN Yes Assessed Total Value 1645619 Gross Income 141000 Gross Operating Income 136770 Like Units1 1 Like Units2 1 Net Operating Income 99786.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36984 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Mnrh

    Listing provided courtesy of Nabil Awada DRE# of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-27T23:42:53.01. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101