$1,582,500
$1,579,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
4,660 Sqft Lot
SOLD DATE : 12/12/2018
Key Details
Sold Price $1,582,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB18194373
Sold Date 12/12/18
HOA Y/N No
Year Built 1953
Lot Size 4,660 Sqft
Property Description
1356 Manhattan Beach Blvd is a duplex in a highly sought-after market with low inventory. Currently operating 3.26% CAP with the capability of performing at 3.93% CAP simply by raising the rents to market prices, even stronger CAP rate with more significant upgrades to the units. This duplex has two garages with room to park next to the garage, also plenty of street parking directly next to units. Private deck recently re-done off upper bedroom of 4-bed/3-bath. This is an excellent investment opportunity in Manhattan Beach.
Location
State CA
County Los Angeles
Area 147 - Manhattan Bch Mira Costa
Zoning MNRH
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Lawn, Landscaped, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4167014023
Energy Description 400.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Bob Content • B. Content
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "