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$1,975,000
Est. payment /mo
1,067 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25263123
HOA Y/N No
Year Built 1939
Lot Size 1,067 Sqft
Property Sub-Type Duplex
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
Area 142 - Manhattan Bch Sand
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4178012032
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com
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