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Listed by Patrick Sweeney • The CREM Group
$2,100,000
Est. payment /mo
1,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $1,458
MLS Listing ID PW-25065600
Year Built 1957
Lot Size 4,827 Sqft
Property Sub-Type Duplex
Property Description
Introducing a rare and exceptional single level duplex in the highly sought-after neighborhood of East Manhattan Beach, just over a mile from the ocean. This property offers remarkable long-term income potential and exciting development opportunities. The duplex features two beautifully updated, turnkey 2-bedroom, 1-bathroom units, each with its own private outdoor space and an attached 2-car garage. Both units are equipped with modernized HVAC systems, ensuring comfort and efficiency. With 1,440 sq. ft. of living space on a nearly 5,000 sq. ft. lot, this property presents a solid investment opportunity, with annual rental income exceeding $77,000. Situated in a prime location, residents will enjoy easy access to top-rated schools like Meadows Avenue Elementary, Manhattan Beach Middle School, and the popular Polliwog Park--all within walking distance. This duplex is an excellent opportunity for investors seeking to capitalize on a strong rental market, the potential for value-add development, and the long-term appreciation prospects of the coveted Manhattan Beach market.
Location
State CA
County Los Angeles
Area 146 - Manhattan Beach Heights/Liberty Vlg
Zoning MNRM
Interior
Heating Ductless
Cooling Ductless
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Garage, Garage Faces Front, Driveway
Garage Spaces 2.0
Pool None
Community Features Suburban
Building
Lot Description Yard
Sewer Other, Sewer Paid
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823