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4404 Highland Avenue

Manhattan Beach, CA 90266
  • $2,850,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: SB22166818
$2,850,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Cindy Shearin of Strand Hill Christies International Real Estate (310-545-0707)


Description

SPACIOUS Units - MANHATTAN Bch SAND SECTION with OCEAN VIEW. Owner has owned this building for 40 years. Location is great. Tenants are great. The layout of the units are great. The middle and upper floor units are both 2 bdrm units with oversized living rooms that offer an additional alcoved space for an office area (no need to use the 2nd bdrm as an office! Huge selling/rental point in a market where in-home work spaces are desirable) The lower unit is a 1 bdrm that meets the need of the smaller unit usage. This type of rental is hard to find and rents very quickly in this area. The middle unit offers a deck off the double set of french doors and a nice private entry/porch area which is an added benefit. Both the middle and upper unit offer ocean view. 5 parking spots come with this building. Washer and dryers are in the middle and top unit. New flooring in most areas. Call for more details about zoning and usage. You will not find a better value.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T00:25:59.26. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/131398148
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4404 Highland Avenue Manhattan Beach, CA 90266

  • Price: $2,850,000
  • Status: Active
  • On Site: 9 Days
  • ID#: SB22166818
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1959
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
SPACIOUS Units - MANHATTAN Bch SAND SECTION with OCEAN VIEW. Owner has owned this building for 40 years. Location is great. Tenants are great. The layout of the units are great. The middle and upper floor units are both 2 bdrm units with oversized living rooms that offer an additional alcoved space for an office area (no need to use the 2nd bdrm as an office! Huge selling/rental point in a market where in-home work spaces are desirable) The lower unit is a 1 bdrm that meets the need of the smaller unit usage. This type of rental is hard to find and rents very quickly in this area. The middle unit offers a deck off the double set of french doors and a nice private entry/porch area which is an added benefit. Both the middle and upper unit offer ocean view. 5 parking spots come with this building. Washer and dryers are in the middle and top unit. New flooring in most areas. Call for more details about zoning and usage. You will not find a better value.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No View Ocean View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStreet Lights Current Financing None Electric Expense 900 Fuel Expense 180 Garage YN No Gross Income 121200 Gross Scheduled Income 121200 Insurance Expense 2550 Land Lease YN No Laundry Features InsideStacked Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 115020 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 6180 Other Expense 750 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 121200 Trash Expense 600 Water Sewer Expense 1200 Water Source Public Zoning Mnrh



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T00:25:59.26. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Cindy Shearin of Strand Hill Christies International Real Estate (310-545-0707)