Description
Presenting this exceptional duplex located on a rare and highly desirable corner lot in east manhattan beach, just over a mile from the beach. this property offers tremendous long-term income potential and exciting development possibilities. featuring two updated and turnkey 3-bedroom, 2-bathroom units, it also includes a detached 2-car garage with sunroom, a spacious driveway that can accommodate up to 3 additional vehicles, with spacious lot to potentially add adu and jadu. with 2,600 sq. ft. of living space on a nearly 7,500 sq. ft. lot, this property presents a solid investment opportunity with projected annual income of $115,000 and a 4.1% cap rate. nestled in a prime, sought-after neighborhood, residents will enjoy proximity to top-rated schools such as meadows avenue elementary, manhattan beach middle school, and the popular polliwog park—all just a short walk away. this property is an excellent opportunity for investors looking to leverage the strong rental market, potential for value-added development, and the long-term appreciation prospects of the manhattan beach market.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48629206
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1958
- Building Area Total: 2,600
Pool Features
- None
Laundry Features
- Laundry Closet
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1714
- Lot Size Source: Assessor
- Lot Size Square Feet: 7466
-
Listing Information
Listing Price Information
- Original List Price: 2,550,000
- Listing Contract Date: 2025-02-15
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4166008020
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street,Tandem,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 146 - Manhattan Bch Heights/Lib Vlg
- Directions: West on Manhattan Beach Blvd > North on N Rowell Ave
- Zoning: MNRM
- Source Property Type: Residential Income
- Area: 146 - Manhattan Bch Heights/Lib Vlg
- Property SubType: Duplex
Building and Construction
- Property Age: 67
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: ground
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 07:09
- MLS: PW25034625
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is for sale, it has 2,600 sqft, 7,466 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Manhattan Beach , in zip code 90266, this Los Angeles County Home are nearby neighborhoods.