2600 Alma Avenue, Manhattan Beach, CA 90266

$3,975,000
List Price
$3,975,000
Price Change
▼ $120,000 1523056648
Status
PENDING
MLS#
SB18018196
Year Built
1972
Lot Size
3,495
Lot Location
Corner Lot, Landscaped, Lawn
Days on Market
90
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Level

Property Description

It doesn’t get better than this! A prime location just a few blocks from the beach for a buildable town-home or single family lot in the Sand Section of Manhattan Beach. This ideal property is on the South facing corner, is a full 33.33 x 105 lot with a well maintained duplex. The duplex includes a four bedroom, 3 bath with fireplace, large 500 sqft deck, family room with mini kitchen, 2 car garage and ocean views! The other spacious unit also has ocean views, 2 bedroom, 2 bath, fireplace, and 2 car attached garage. Being on Alma, this property sits at the top of the hill for stunning views of the ocean and sunsets year round. This is a fantastic opportunity with many different options. One, you could rent both units out for a long term ownership. Two, rent one unit and live in the other unit to offset the mortgage payments. Three, tear down and build 2 new amazing townhomes, and sell for a profit. Four, build two townhomes, sell one and live in the other. Five, build a gorgeous custom single family home and live in a heaven like community where the beach can be your playground every single day. This property currently receives just over $10,000 a month income, and there are 8-11 parking spots depending on the size of your car! Manhattan Beach is one of the most sought after communities, with a relaxed beach vibe and short commute to the Westside for anyone commuting. It’s your turn to start living the good life!

Additional Information

Lot Description
Street Lighting, Suburban
Pool Description
None
Fireplace Description
Living Room
Heat
Radiant
Garage Spaces Total
4
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Edward Kaminsky from Strand Hill Christies International Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.