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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23197106
Sold Date 11/27/23
HOA Y/N No
Year Built 1961
Lot Size 5,645 Sqft
Property Description
2010 Manhattan Beach Blvd is a great opportunity to own an affordable apartment building in the Beach Cities, just East of Manhattan Beach. The large 3+2 unit is a great opportunity for an owner-user with family and can be divided into a 5th unit (without permit) by simply closing off a door – adding the potential for extra income. All the units have laundry hookups, have a single car garage with a tandem parking space, and are individually metered for gas & electricity. The building is well maintained and sits on a landscaped lot with a courtyard that has multiple fruit trees including persimmon, peach, grape, fig & guava. North Redondo is a great rental market with great access to the 405 Freeway, Polliwog Park, the newly remodeled Manhattan Village Mall, and the beach. This asset can produce a 4% return from day 1 with upside to 6% with a basic remodel plan.
Location
State CA
County Los Angeles
Area 151 - N Redondo Bch/Villas North
Zoning RBRMD
Rooms
Other Rooms Shed(s)
Ensuite Laundry Inside
Interior
Interior Features Ceiling Fan(s)
Laundry Location Inside
Heating Electric
Cooling None
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Microwave, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking
View Y/N No
View None
Parking Type Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 4150003036
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Anoop Garg • The Real Estate Consultants Westside Inc.
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