This unique Spanish architectural compound located a prime North facing corner lot on The Strand in Manhattan Beach is a legal triplex estate presenting a life time opportunity to use as an owner user or as an investment property. Currently a multi-residence property consisting of 4 remodeled units,… Read More this property has the coastal charm & character of the original Spanish architecture while integrating upgrades and modern conveniences throughout each unit. Recently remodeled, all units have an ocean view, its own washer/dryer, and its own garage/parking space. The upper front unit has an oversized deck, with an unobstructed panoramic ocean view, extending from Palos Verdes to Malibu. The upper back three-bedroom / 2 bath unit features ocean views, kitchen with updated kitchen / bathrooms, and a light and bright living room for easy seaside living. The lower middle unit is completely remodeled with 2 bedrooms/ 2 baths, new kitchen with laundry and an attached garage. The lower ocean front unit is a charming 1 bedroom/ 1 bath with its own private patio. This home is walking distance to the shops, restaurants & award winning schools. It located is on a world class surfing beach and has an easy commute to the westside, Santa Monica, LAX, and downtown LA. This significant compound has endless possibilities and is ready for immediate enjoyment. Read Less
Property listed by eXp Realty of California, Inc., Holly Messer 310-546-9800
Listing Snapshot
Days Online
112
Last Updated
Property Type
Quadruplex
Lot Size
0.08 Acres
Year Built
1938
MLS Number
SB21120639
30 Days Snapshot Of 90266
$3,050k
-18%
(avg) sold price
4
-86%
homes sold
47
-55%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1938, Building area total: 3,553, Levels: MultiSplit, 1 building, Architectural style: Spanish, Attached, Common walls: Item2CommonWalls
Community
StormDrains, StreetLights, Sidewalks
Expenses
Insurance expense: $5,500, Maintenance expense: $1,500, New taxes expense: $21,478, Operating expense: $5,500, Trash expense: $1,500, Water sewer expense: $1,500
Garage
4 spaces
Income
Gross income: $250,356, Net operating income: $244,856
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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