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$2,500,000
$2,575,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 06/20/2023
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23092050
Sold Date 06/20/23
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Corner of 44th and Highland
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Special Listing Condition Probate Sbjct to Overbid
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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! "