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$6,500,000
Est. payment /mo
5 Beds
4 Baths
0.33 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV25095628
Bedrooms 5
HOA Y/N No
Lot Size 0.331 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
An exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
An exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
An exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
Location
State CA
County Los Angeles
Area Palos Verdes Peninsula (90274)
Zoning Assessor
Interior
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Space Rent $11,625
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Listed by Lynn Lord • Estate Properties