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$ 2,175,000
Est. payment | /mo
2 Beds
1,067 Sqft Lot
$ 2,175,000
Est. payment | /mo
2 Beds
1,067 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25263123
Bedrooms 2
Lot Size 1,067 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Manhattan Beach duplex in The Sand Section just one block from the sand and near the iconic Manhattan Beach Pier! This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location. Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical. Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of 20th and Highland
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4178012032
Acceptable Financing Cash
Listing Terms Cash
Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”