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$1,995,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PW25065600
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Introducing a rare and exceptional single level duplex in the highly sought-after neighborhood of East Manhattan Beach, just over a mile from the ocean. This property offers remarkable long-term income potential and exciting development opportunities. The duplex features two beautifully updated, turnkey 2-bedroom, 1-bathroom units, each with its own private outdoor space and an attached 2-car garage. Both units are equipped with modernized HVAC systems, ensuring comfort and efficiency. With 1,440 sq. ft. of living space on a nearly 5,000 sq. ft. lot, this property presents a solid investment opportunity, with annual rental income exceeding $77,000. Situated in a prime location, residents will enjoy easy access to top-rated schools like Meadows Avenue Elementary, Manhattan Beach Middle School, and the popular Polliwog Parkall within walking distance. This duplex is an excellent opportunity for investors seeking to capitalize on a strong rental market, the potential for value-add development, and the long-term appreciation prospects of the coveted Manhattan Beach market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction West on Manhattan Beach Blvd. > North on N Rowell Ave
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 4166007018
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Listed by Patrick Sweeney The CREM Group