Description
Ocean view income property at Manhattan Beach's notorious surf and sand beach, El Porto. Fantastic income opportunity!!! Triplex with 2 bonus units on an oversized lot! Unit mix includes two updated 2-bedrooms, one 1-bedroom and two bonus studios. 5 parking spots with 2 covered. Top ocean view unit nicely updated and perfect for owner/user to live and rent the rest! Or collect rents and get one of the highest cap rates seen in the Sand Section for income and potential appreciation! Power lines in this area are coming down as work is nearing the final phase! This is a huge bonus to potential value added as well as aesthetically pleasing! Don't miss this unique opportunity to own prime beach real estate in one of the fastest growing locations!
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6BEDS
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0.05ACRES
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3BATHS
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01/2 BATHS
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2,424SQFT
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$1,062$/SQFT
Description
Ocean view income property at Manhattan Beach's notorious surf and sand beach, El Porto. Fantastic income opportunity!!! Triplex with 2 bonus units on an oversized lot! Unit mix includes two updated 2-bedrooms, one 1-bedroom and two bonus studios. 5 parking spots with 2 covered. Top ocean view unit nicely updated and perfect for owner/user to live and rent the rest! Or collect rents and get one of the highest cap rates seen in the Sand Section for income and potential appreciation! Power lines in this area are coming down as work is nearing the final phase! This is a huge bonus to potential value added as well as aesthetically pleasing! Don't miss this unique opportunity to own prime beach real estate in one of the fastest growing locations!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-28T18:29:31.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.