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Property Type:Residential Income (Multi-Family)
On Site:12 Days
Lot Size:1,349 Sq. Ft.
Ideally Located One Block Away From The Strand - The subject property is located West of Highland Ave in Prime El Porto. | Underground Of All Electrical Wires Currently In Progress - Estimated Completion In March 2022 All electrical wires will be undergrounded in the next year allowing for unobstructed views. | Perfect Owner-User Opportunity with Renovated Units - The 2 Bedroom Unit has undergone improvements in the recent years and this is a perfect investment for an owner-user looking to live in a A+ location. | 3 Garage Spaces On-Site - Ample parking on-site with the potential for extra income. Single car garages rent for minimum of $200 in El Porto. | Laundry On-Site - Owned laundry machines in located in garage. | Rental Upside - Although the rents are not far below market, there is opportunity to add value to achieve higher rents due to the propertys location.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:127 Seaview St Manhattan Beach, CA 90266
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 8: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,295 actual rent•$2,295 total rent•$3,000 pro forma
Unit 13: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,095 actual rent•$4,095 total rent•$5,200 pro forma
Garage Spaces: 3.0
Parking Features: Door-Multi, Door-Single, Garage
Parking Total: 3.0
Features / Amenities
Laundry: In Garage
Lot Size: 0.03 Acres / 1,349 Sq. Ft.
Directions:The subject property is located West of Highland Ave in Prime El Porto.
Tax and Financial Info
Gross Income: $76,680
Net Operating Income: $47,353
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Listing provided courtesy of John Katnik, James Capital Advisors, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of May 15, 2021. 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. IDX provided by Sierra Interactive.