Active
$3,250,000
4%
3 Units
6 Beds
3 Baths
2,093 Area(sq.ft.)
Lot: 2,701 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 4,576 | $ 4,576 | $ 5,000 |
| Unit 2 | 1 | 2 | 1 | No | $ 4,375 | $ 4,375 | $ 4,500 |
| Unit 3 | 1 | 2 | 1 | No | $ 3,494 | $ 3,494 | $ 3,600 |
| 3 | 6 | 3 | $ 12,445 | $ 12,445 | $ 13,100 |
| MLS #: | SB25004839MR |
| Days On Market: | 332 |
| Listing Date: | January 8, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,553 |
| Price per unit: | $ 1,083,333 |
| Year Built: | 1952 |
Property Details
Prime Downtown Manhattan Beach location, excellent development opportunity! This well maintained triplex is situated on 15th Street where Manhattan Avenue ends. Best priced full street to alley lot below Highland Ave in the sand section. Only steps to the beach, restaurants, shops and the famous MB Pier! Ocean view from two front units. Incredible large back deck for entertaining and sun bathing. All units are 2 bedrooms plus 1 bathroom and are month to month. Located in a zone that allows short term rentals creating fantastic upside for investors.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 46,000 |
| Net Operating Income: | $ 103,340 |
| Cap Rate: | 3.1% |
Structure
| Community Features: | Biking |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | In Closet |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
