Listing Agent: David Caskey      Broker/Office: eXp Realty of California Inc
409 16th Street Manhattan Beach CA 90266
$ 4,700,000
  6   |    3   |    2763 Sq Feet

Listing ID

#SB26180421

Status

Coming Soon

Property Type

Duplex

County

Los Angeles

Year Built

1925

Days on website

3

Description
An exceptional investment opportunity on one of Manhattan Beach’s desirable Walk Streets, this duplex offers two spacious residences just blocks from the beach, downtown, and the Manhattan Beach Pier. Centrally located in the heart of Manhattan Beach, this elevated home sits high on a 2,692 square foot lot.

Both units offer comfortable living spaces, abundant natural light, hardwood floors, and private outdoor areas. The front unit sits high off the walk street and has great views from the patio and living area. This unit features approximately 1,750 square feet with 3 bedrooms, 2 bathrooms, and a bonus room and offers an open living and dining area, spacious kitchen, and flexible bonus space. The rear unit of approximately 1,100 square feet features a charming living room with a fireplace and a bright kitchen with breakfast bar, 3 bedrooms and 2 bathrooms and a private back patio.

With projected rents of $7,500+ per month for the front unit and $5,000+ per month for the rear unit, the property offers excellent income potential. Live in one and rent the other, accommodate extended family, or utilize both as investment properties. A great opportunity to own a duplex on a Manhattan Beach Walk Street with the beach, restaurants, shops, schools, and downtown all just steps away.
Location
Financial Information
List Price:  $ 4700000
Property Features
Community Features:  Curbs, Park, Sidewalks
High School District:  Manhattan Unified
Laundry Features:  Inside
Levels:  Two
Parking Features:  Garage
Senior Community YN:  false
Structure Type:  Duplex
View:  Neighborhood
Water Source:  Public
High School District:  Manhattan Unified
Senior Community YN:  false
MLS Area Major:  142 - Manhattan Bch Sand
City:  Manhattan Beach
Listed By:   David Caskey   eXp Realty of California Inc 
Co-listed by
Michael Burns  
CA Lic#