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    3216 Manhattan Ave

    Manhattan Beach, CA 90266
    • $6,600,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 21-727318
    New On Site 4 Days Ago
    UPDATED: 34 min ago
    $6,600,000
    • 9
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,144
      SQFT
    • $1,593
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Opening Units Wednesday May 12th from 1:15pm-2:15pm |Prime Manhattan Beach Location - Hottest City in Los Angeles County - Located on Manhattan Ave, this location is one of most desired in all of Los Angeles County. | Private Roof Deck for 3 Bedroom Unit - The 3 bedroom unit has a massive private roof deck with tremendous views from Palos Verdes to Malibu. This unit has endless possibilities and could be a perfect owner-user or short-term rental unit. | Zero Supply Market - Currently there are no 4 units available in the entire city of Manhattan Beach. | Overparked Fourplex - The building features 9 garage parking spaces on-site. Single Car Garages rent for minimum of $200 in this area of Manhattan Beach. | 2 Bedroom Units Have Private Balconies - The 2 bedroom units get to enjoy private balconies with ocean views. | Renovated Pride of Ownership Asset with True Rental Upside - Current ownership has done quality renovation to the exterior with new paint and windows. One unit has been fully renovated and the remaining are very clean but allow a new owner to come in and execute on their renovation strategy.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-09T21:42:14.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/116767072
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    3216 Manhattan Ave Manhattan Beach, CA 90266

    • Price: $6,600,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 21-727318
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    4,144
    SQFT
    $1,593
    $/SQFT
    1973
    Built
    Neighborhood:
    Manhattan Beach Sand
    County:
    Los Angeles
    Area:
    Manhattan Beach Sand
    Property Description
    Opening Units Wednesday May 12th from 1:15pm-2:15pm |Prime Manhattan Beach Location - Hottest City in Los Angeles County - Located on Manhattan Ave, this location is one of most desired in all of Los Angeles County. | Private Roof Deck for 3 Bedroom Unit - The 3 bedroom unit has a massive private roof deck with tremendous views from Palos Verdes to Malibu. This unit has endless possibilities and could be a perfect owner-user or short-term rental unit. | Zero Supply Market - Currently there are no 4 units available in the entire city of Manhattan Beach. | Overparked Fourplex - The building features 9 garage parking spaces on-site. Single Car Garages rent for minimum of $200 in this area of Manhattan Beach. | 2 Bedroom Units Have Private Balconies - The 2 bedroom units get to enjoy private balconies with ocean views. | Renovated Pride of Ownership Asset with True Rental Upside - Current ownership has done quality renovation to the exterior with new paint and windows. One unit has been fully renovated and the remaining are very clean but allow a new owner to come in and execute on their renovation strategy.
    Exterior Features

    Covered Parking 9 Lot Size Area 3497 Other Structures None Parking Garage Covered ParkingGarage Total Parking 9

    Interior Features

    Baths Total 8.00 Cooling Other Equipment Other Heating Other Laundry In UnitCommunity Laundry Equipment Own

    Property Features

    Assessed Total Value 5202000 Gross Income 265640 Gross Operating Income 257686 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 173380.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 84306 Type Of Units Mixed Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Mnrh

    Listing provided courtesy of John Katnik DRE#02002695 of James Capital Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-09T21:42:14.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583