3104 Ocean Dr - Multi-Family FOR SALE


Manhattan Beach, CA 90266
$3,895,000 USD
310-447-2213
3104 Ocean Dr, Manhattan Beach, CA for Sale
$3,895,000 USD
Multi-Family - FOR SALE
1/44
null | 2.16% Cap Rate

3104 Ocean Dr
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Panoramic Ocean Views
  • Located Two Lots Up From The Stand
  • (1) 2-Bed/2-Bath Townhome Style Unit & (2) 1Bed/1Bath Units
  • (4) Enclosed Garage Parking Spaces 2,214 Sqft of Livable Space
  • Separately Metered for Utilities

OVERVIEW

Stiegler | Takahashi group is pleased to present 3104 Ocean Drive, Manhattan Beach, ideally located just two lots from The Strand. This charming triplex offers a unique combination of oceanfront living and excellent investment potential. The property includes a spacious 2-bedroom, 2-bathroom townhome-style unit with breathtaking ocean views, as well as two 1-bedroom, 1-bathroom units, also offering stunning ocean vistas from the upper-level unit. The total living space measures 2,214 square feet, and there are four enclosed garage parking spaces on the ground level. This property is perfect for an owner-user -the previous owner lived in the 2-bedroom townhome and rented out the two 1-bedroom units. It also offers strong investment potential, whether as long-term rentals, short-term rentals, or a combination of both. Don’t miss the opportunity to own a multi-unit property in one of Manhattan Beach’s most desirable locations.

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$2,881 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,298,333

CAP RATE

2.16%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3104 Ocean Drive Manhattan Beach

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MNRH

APN/PARCEL ID

4176-026-015

ASK ABOUT THIS PROPERTY

Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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