Manhattan Beach Triplexes
If you’re looking for a place by the beach but don’t think you can afford the monthly payment for many of the homes, you should consider purchasing a Manhattan Beach triplex. As the name implies, these are set up with three living areas all on one property. The three areas are entirely separate with their own set of rooms so the three individuals or families don’t have to share anything except the property. Many people who purchase these triplexes will live in one of the units and rent out the other two. In most cases the combined rent of the two tenants will add up to be enough to pay the full mortgage payment and even have some extra cash left over on top of it.
This is a great way to live in one of the most desirable areas of California without having to come up with the full amount of money up front. If you are able to buy a triplex without a mortgage, or pay it off quickly then you can essentially live off of the rent of your tenants. This is an excellent business opportunity for many people who are looking for a good investment opportunity as well as a great place to live.
Triplexes in Manhattan Beach
In addition to the great income opportunity a Manhattan Beach triplex presents, it is also a truly excellent place to live. Many of these homes are located on or near the beautiful beaches which make them highly desirable. You can often walk out of your house and onto the beaches of the Pacific Ocean to spend a great day in the sun or swimming in the ocean. The city of Manhattan Beach has a lot to offer its residents, and you can take advantage of them without having to pay the full price of the property since it is spread out over all three units.