This duplex is an opportunity for an investor or owner-user to purchase a multifamily property located just above The Strand in Manhattan Beach, California. The property consists of a mix of (1) two-bed/one-bath & (1) one-bed/one-bath units. There is one 2-Car Garage on 36th Place and a shared private yard at the back of the property. A new owner can capitalize on the tight rental market and high rents in this neighborhood by fully upgrading and renovating the units to achieve top of the market rents. This is a pride of ownership property. Quality renovations and executing on a renovation strategy will allow you to unlock maximum upside. Upgrades may include a fully remodeled kitchen including top of the line stainless steel appliances, granite countertops, artistic styled flooring, and brand-new cabinetry. The opportunities are endless to realize maximum value in each unit. Rents at the high end of the range result in 126% upside potential. The bottom one-bed/one-bath unit is not current on rent, the top two-bed/one-bath unit is current on rent. Both tenants are month-to-month. There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants nor walk around the property.
- Parking:
- 8.00
- New Construction YN:
- 0
- Parking:
- Direct Garage Access
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-X80379
- Lot Features:
- Back Yard
- Stories:
- 2
- Appliances:
- Electric Oven
- Street:
- 36TH
- Street Number:
- 120
- Street Suffix:
- Place
- Zip4:
- 3210
- Floor Number:
- 0
- Longitude:
- W119° 34' 52.2''
- Latitude:
- N33° 54' 0.7''
- Listing Courtesy of:
- Matthews Real Estate Investment Services
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- MNRH
- Lot Size Square Feet:
- 1,352 Sqft
- List Agent Last Name:
- Harrington
- List Agent License Number:
- 01320460
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X81530
- List Agent First Name:
- David
- Directions:
- West of Manhattan Avenue, South of Rosecrans Avenue, North of 36th Street
- MLSAreaMajor:
- 142 - Manhattan Bch Sand
- Parcel Number:
- 4175026016
- List Agent License Number:
- 01972189
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
120 36TH Place, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- 22115695
- List Price :
- $1,775,000
- Year Built :
- 1927
- Lot Area :
- 0.03 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $1,850,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $1,409
- Days on Market :
- 23
