Property Type:Residential Income (Multi-Family)
Lot Size:2,493 Sq. Ft.
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.
Price Change History
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Address:520 Manhattan Beach Blvd Manhattan Beach, CA 90266
Area:144 - Manhattan Bch Hill
Building Area: 2128.0
Number of Buildings: 1
Total Units: 2
Stories Total: 3
Unit 1: 1 Unit•2 Beds•2 Baths•Unfurnished•$6,000 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•Unfurnished•$5,750 pro forma
Garage Spaces: 2.0
Parking Features: Driveway
Parking Total: 6.0
Features / Amenities
Appliances: Dishwasher, Refrigerator, Dryer, Washer
Laundry: Laundry Room
Lot Size: 0.06 Acres / 2,493 Sq. Ft.
View: Coastline, Ocean
Directions:Corner of Valley Street and Manhattan Beach Blvd
Tax and Financial Info
Gross Income: $141,000
Net Operating Income: $99,786
Listing agent / office Nabil Awada, Matthews Real Estate Investment Services.
WALKING AND TRANSPORTATION
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Based on information from California Regional Multiple Listing Service, Inc. as of May 19, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.