1148 N. Rowell Boulevard Manhattan Beach, CA 90266
1356 Manhattan Beach Blvd is a duplex in a highly sought-after market with low inventory. Currently operating 3.26% CAP with the capability of performing at 3.93% CAP simply by raising the rents to market prices, even stronger CAP rate with more significant upgrades to the units. This duplex has two garages with room to park next to the garage, also plenty of street parking directly next to units. Private deck recently re-done off upper bedroom of 4-bed/3-bath. This is an excellent investment opportunity in Manhattan Beach.
- Price per Sqft: $746
- Year Built: 1953
- Lot Size: 4,663 SqFt
- Garage Spaces: 2
- Pool Description: None
- Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Yard
- Dryer: 1
- Sewer: Public Sewer
- Parking Spaces: 2
- County: Los Angeles
- Area: 147 - Manhattan Bch Mira Costa
- HOA Fee:
- HOA Fee Includes: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
- Cap Rate: 3
Directions: Southwest corner of Manhattan Beach Blvd & Rowell Ave
Listing courtesy of Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. 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.
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