227 44th Street, Manhattan Beach, CA 90266

$2,500,000
6
BD
3
BA
2,424
SqFt
Sold Price
$2,500,000
List Price
$2,575,000
Closing Date
Jun 20, 2023
Status
CLOSED
MLS#
SB23092091
Year Built
1958
Bedrooms
6
Bathrooms
3
Living Sq. Ft
2,424
Lot Size
2,381
Acres
0.05
Lot Location
0-1 Unit/Acre
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Three Or More Levels

Property 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!

Additional Information

Pool Description
None
Cooling Description
None
View
Ocean
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Manhattan Unified
Interior Features
Bedroom on Main Level
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Bob Sievers (bob@bobsievershomes.com) from Listing Office: Re/Max Estate Properties.

Listing sold by Anoop Garg from The Real Estate Consultants Westside Inc.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.