453 28th st, Manhattan Beach, CA 90266
Active
$2,200,000
4%
3 Units
3 Beds
3 Baths
1,262 Area(sq.ft.)
Lot: 1,356 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,400 | $ 2,400 | $ 2,750 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,750 | $ 2,750 | $ 2,750 |
| Unit 3 | 1 | 1 | 1 | No | $ 3,600 | $ 3,600 | $ 3,600 |
| 3 | 3 | 3 | $ 8,750 | $ 8,750 | $ 9,100 |
| MLS #: | SB25109477MR |
| Days On Market: | 201 |
| Listing Date: | May 19, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,743 |
| Price per unit: | $ 733,333 |
| Year Built: | 1942 |
Property Details
453 28th Street presents a rare triplex opportunity in the highly sought-after Sand Section of Manhattan Beach. Ideally situated just a short walk from the Strand, Bruce s Beach, and all the dining and retail offerings of North Manhattan, this property offers incredible potential for both investors and owner-users alike. The building features a desirable unit mix of (3) 1-bedroom, 1-bathroom units, offering immediate upside through renovation and lease-up at market rents. Set on a compact 1,356 SF (30 x45 ) lot, the 1,262 SF building includes a 1-car garage and is priced at $733,333/unit. Whether you're looking to renovate and re-lease, secure a low-maintenance beachside asset, or live & own a great starter property with long term potential, 453 28th Street is a rare find just steps from the sand.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 101,850 |
| Total Annual Expense: | $ 33,538 |
| Net Operating Income: | $ 68,312 |
| Cap Rate: | 2.92% |
| Gross Rent Multiplier: | 21.90 |
Structure
| Community Features: | Biking |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | MNRS |
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
