323 35th, Manhattan Beach, CA 90266

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List Price
$2,495,000
Status
ACTIVE
MLS#
SB26208860
Year Built
1929
Lot Size
1,798
Acres
0.04
Lot Location
2-5 Units/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Multi Level

Property Description

Rare Triplex Steps from the Sand! Opportunities like this rarely come to market. Just steps from the beach, this 1929 triplex sits in one of Manhattan Beach's most sought-after coastal locations. You can walk to the sand, the Strand, local restaurants, coffee shops, and shopping. The property has 2,444 sq. ft. (BTV) of living space across three units: two 1-bed, 1-bath units and one 2-bed, 1-bath unit, all on a 1,798 sq. ft. lot. It works as an income property now, with steady rental demand driven by the location. This is also a builder's dream. Investors, developers, and end users can build a custom coastal home or a new multi-unit project a short walk from the ocean. It could also serve as an owner-user setup with rental income. Beach-close sites in Manhattan Beach are hard to find, so this one offers location, flexibility & long term value. Huge potential for ocean view home + ADU + JADU. Buyers/Agents to do your due diligence with respect to what you can build. Check with City of Manhattan Beach regarding restrictions/ guidelines. Buyers to verify all information regarding square feet, permits, etc. Property sold in it's present condition.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$89,700
Operating Expense
33319

Listing courtesy of Listing Agent: John Briscoe (johnbriscoehomes@gmail.com) from Listing Office: Estate Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.