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Listing Details

Status
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On Site
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School Ratings & Info

Description

An extraordinary opportunity to own one of the most unique and exciting properties to become available in years. Sitting on a near double lot (a rare 60 feet of prime walk street frontage), this property consists of a 3,600 sq ft 4 bedroom main house with (two) 2 bedroom and 2 bath income or guests homes. The home has been fully remodeled down to the studs with new HI-END EVERYTHING! No expense was spared on the development of this legal triplex. Each of the apartment style units is approximately 1,200 sq ft with a total combined sq ft of approx 6,000 sq ft. There are nice ocean views from the top floors and a fabulous indoor outdoor upper level that surely will be the highlight of the parties! The main home features include 4 bedrooms all with their own baths and two half baths. All of the units have Central Air Conditioning, security and AV systems, top of the line Thermador stainless appliances, flat screen TV's throughout, washer and dryers, 7" wide plank oak floors, and more...The property boasts an incredible 12 legal parking spaces and has great views of the ocean, mountains, valley, Catalina, and Malibu. The location is near everything we love about Manhattan Beach. Just blocks to the shops and restaurants of downtown MB, parks, award winning Grandview elementary school, and the beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/116908146
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424 20th Street Manhattan Beach, CA 90266

  • Price: $6,995,000
  • Status: Active
  • Updated: 103 min ago
  • ID#: SB21097954
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1978
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
An extraordinary opportunity to own one of the most unique and exciting properties to become available in years. Sitting on a near double lot (a rare 60 feet of prime walk street frontage), this property consists of a 3,600 sq ft 4 bedroom main house with (two) 2 bedroom and 2 bath income or guests homes. The home has been fully remodeled down to the studs with new HI-END EVERYTHING! No expense was spared on the development of this legal triplex. Each of the apartment style units is approximately 1,200 sq ft with a total combined sq ft of approx 6,000 sq ft. There are nice ocean views from the top floors and a fabulous indoor outdoor upper level that surely will be the highlight of the parties! The main home features include 4 bedrooms all with their own baths and two half baths. All of the units have Central Air Conditioning, security and AV systems, top of the line Thermador stainless appliances, flat screen TV's throughout, washer and dryers, 7" wide plank oak floors, and more...The property boasts an incredible 12 legal parking spaces and has great views of the ocean, mountains, valley, Catalina, and Malibu. The location is near everything we love about Manhattan Beach. Just blocks to the shops and restaurants of downtown MB, parks, award winning Grandview elementary school, and the beach.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes View Ocean View YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Living RoomMaster Bedroom Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSidewalks Garage YN Yes Gross Income 289200 Gross Scheduled Income 289200 Insurance Expense 2000 Land Lease YN No Laundry Features Inside Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 5000 Net Operating Income 278900 New Construction YN No New Taxes Expense 76450 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Operating Expense 5200 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 24100 Trash Expense 1200 Vacancy Allowance 5100 Water Source Public Zoning Mnrm

Listing provided courtesy of Jeremy Shelton of Pacifica Properties Group, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660