324 23rd Street Pending

Manhattan Beach,CA 90266

$ 3199000

5 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB24164117

Bedrooms 5

HOA Y/N No

Lot Size 2,688 Sqft

Property Description

Terrific Investment opportunity located in the coveted sand section of Manhattan Beach. Just 5 short blocks to the beautiful Pacific Ocean. This charming street-to-alley detached duplex features a unique 1,140 sq. Ft., 2 bedroom, 2 bathroom unit in the front (324-23rd Street) and a large 1,608 sq. Ft., 3 bedroom, 2 bathroom unit in the back (325 Marine Place). The back unit was remodeled in 2014. Upgrades include a remodeled kitchen with quartz counter tops and stainless steel appliance, upgraded bathrooms, and bamboo flooring. The front unit is a fun beach cottage with 2 fireplaces and vaulted ceilings in the living room. Both units come with their own laundry hook ups. New roofs were installed on both units in 2020. As an investment there is tremendous potential. You could potentially build a large single family residence with an ADU. Buyer to check with the City of Manhattan Beach about what can and cant be developed on this lot. Another option is to keep this well-maintained property as a long-term rental investment. Close to Grand View Elementary, Live Oak Park and Downtown Manhattan Beach.
Terrific Investment opportunity located in the coveted sand section of Manhattan Beach. Just 5 short blocks to the beautiful Pacific Ocean. This charming street-to-alley detached duplex features a unique 1,140 sq. Ft., 2 bedroom, 2 bathroom unit in the front (324-23rd Street) and a large 1,608 sq. Ft., 3 bedroom, 2 bathroom unit in the back (325 Marine Place). The back unit was remodeled in 2014. Upgrades include a remodeled kitchen with quartz counter tops and stainless steel appliance, upgraded bathrooms, and bamboo flooring. The front unit is a fun beach cottage with 2 fireplaces and vaulted ceilings in the living room. Both units come with their own laundry hook ups. New roofs were installed on both units in 2020. As an investment there is tremendous potential. You could potentially build a large single family residence with an ADU. Buyer to check with the City of Manhattan Beach about what can and cant be developed on this lot. Another option is to keep this well-maintained property as a long-term rental investment. Close to Grand View Elementary, Live Oak Park and Downtown Manhattan Beach.

Location

State CA

County Los Angeles

Area Manhattan Beach (90266)

Zoning Assessor

Exterior

Exterior Feature Stucco

Roof Type Composition,Rock/Gravel

Building

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Monthly Total Fees $62

Acceptable Financing Cash,Conventional

Space Rent $3,220

Listing Terms Cash,Conventional

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