3104 Ocean dr, Manhattan Beach, CA 90266
Active
$3,895,000
3 Units
4 Beds
4 Baths
2,214 Area(sq.ft.)
Lot: 1,352 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 5,500 | $ 5,500 | $ 8,000 |
| Unit 2 | 1 | 1 | 1 | No | $ 3,800 | $ 3,800 | $ 6,000 |
| Unit 3 | 1 | 1 | 1 | No | $ 3,200 | $ 3,200 | $ 5,000 |
| 3 | 4 | 4 | $ 12,500 | $ 12,500 | $ 19,000 |
| MLS #: | SB25071797MR |
| Days On Market: | 247 |
| Listing Date: | April 3, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,759 |
| Price per unit: | $ 1,298,333 |
| Year Built: | 1940 |
Property Details
We are pleased to present 3104 Ocean Drive, Manhattan Beach, ideally located just two lots from The Strand. This charming triplex offers a unique combination of oceanfront living and excellent investment potential. The property includes a spacious 2-bedroom, 2-bathroom townhome-style unit with breathtaking ocean views, as well as two 1-bedroom, 1-bathroom units, also offering stunning ocean vistas from the upper-level unit. The total living space measures 2,214 square feet, and there are four enclosed garage parking spaces on the ground level. This property is perfect for an owner-user -the previous owner lived in the 2-bedroom townhome and rented out the two 1-bedroom units. It also offers strong investment potential, whether as long-term rentals, short-term rentals, or a combination of both. Don t miss the opportunity to own a multi-unit property in one of Manhattan Beach s most desirable locations.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 61,244 |
| Net Operating Income: | $ 84,256 |
Structure
| Community Features: | Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | Inside |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
