Manhattan Beach, CA 90266,120 36TH PL
Manhattan Beach, CA 90266,120 36TH PL
Manhattan Beach, CA 90266,120 36TH PL
14
$1,850,000
$1,775,000
4.2%
Est.Price: ?

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3 BD
2 BA
1,260 SqFt

120 36TH PL Manhattan Beach, CA 90266

Est. payment /mo
SOLD DATE : 03/15/2022

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Key Details

Sold Price $1,850,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $1,468

MLS Listing ID 22-115695

Sold Date 03/15/22

Bedrooms 3

Year Built 1927

Lot Size 1,352 Sqft

Acres 0.031

Property Description

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.

Location

State CA

County Los Angeles

Area Manhattan Beach Sand

Zoning MNRH

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Refrigerator

Exterior

Parking Features Attached, Garage - 2 Car

Garage Spaces 2.0

Building

Lot Description Back Yard

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services
Bought with Corcoran Global Living

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Herman Singh

Broker

+1(310) 625-6175

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