229 31st St - Multi-Family FOR SALE


Manhattan Beach, CA 90266
$5,500,000 USD
310-849-6539
229 31st St, Manhattan Beach, CA for Sale
$5,500,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

229 31st St
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Exceptional Manhattan Beach Sand Section Walk Street Property w/ Duplex!
  • 1.5 Lots included(approx 4,050 lot sq ft total)approx 2 blocks from beach!
  • Amazing development, investor or owner user opportunity!

OVERVIEW

Exceptional & Rare opportunity to own a 1.5-lot walkstreet property in the coveted Manhattan Beach Sand Section approx 2 blocks from the beach! This unique offering includes a duplex on a full walkstreet-to-alley lot plus the adjoining vacant half-lot (2 APNs), which totals approx. 4,050 sq ft lot size for both! The front detached 2-bed/1-bath home enjoys ocean views from the living room, and use of beautifully landscaped private yard on the included half-lot. The rear unit features 3 bedrooms(or 2 bedrms plus office, den or workout room), 2 bathrooms with ocean views from the living room.  A 2-car garage completes the layout. Just steps to the beach and close to shops, dining, and all the Sand Section lifestyle offers. Ideal for investment, development, or creating a dream coastal residence with ADU potential. Endless possibilities!

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$2,670 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,750,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,052 SF

ZONING

MNRH

APN/PARCEL ID

4176-025-019,4176-025-020

ASK ABOUT THIS PROPERTY

Sherry LaMaisonEstate Properties, IntlMore Info
310-849-6539

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Sherry LaMaisonEstate Properties, IntlMore Info
310-849-6539

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.