Sq.Ft. Lot2,697
Year1956
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:SB21065458
On Site:21 Days
Lot Size:2,697 Sq. Ft.
County:Los Angeles
Ocean View, 30' x 90' Lot in the Sand Section! This Property hasn't changed hands in over 45 Years and it's easy to understand why. This west-facing lot is particularly unique in that its only adjacent neighbor is located on its east border, meaning there is street or alley access along its north, south, and - most importantly - west boundaries and, thus, there is little-to-no obstruction of the panoramic ocean views that charm the home's top level. The existing building operates as an income-producing 2,156 square foot duplex with (1) 3 Bed/2 Bath upper unit and (1) 1 bed/1 Bath lower unit below. These units are currently collecting $4,100 and $2,600, respectively, and the top unit (owner's unit) will be delivered vacant at the close of escrow! To that end, those buyers that are intending to build their dream home in the future are offered the rare opportunity to secure a highly coveted parcel of Sand Section land while adequately offsetting their mortgage payment until the time is right. In addition, the owner's unit is amply upgraded throughout and features (2) large balconies with beautiful ocean views, one located at the entrance and the other privately placed outside the master bedroom. The kitchen is beautifully redone with granite countertops, brand new cabinetry that offers ample storage, and artistic tile flooring. Moreover, the top unit is afforded an oversized, 2-Car Garage with additional skirt parking and the bottom unit has its own carport space.
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Community Information
Address:3316 Vista Dr Manhattan Beach, CA 90266
County:Los Angeles
City:Manhattan Beach
Zip Code:90266
Architecture
Year Built:1956
Stories:Two
Total Units: 2
Stories Total: 2
Unit 1: 1 Unit•3 Beds•2 Baths•2 Garages•Unfurnished•$6,450 actual rent•$6,450 total rent•$6,450 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,600 actual rent•$2,600 total rent•$2,950 pro forma
Parking: Attached Carport, Direct Garage Access, Driveway, Garage, Garage - Two Door, Tandem Garage
Garage Spaces: 2
Features / Amenities
Floor Material: Carpet, Stone, Tile
Rooms: Den, Family Room, Kitchen, Master Bathroom, Master Bedroom
Windows: Double Pane Windows
Laundry: Dryer Included, Washer Included
Common Walls: No Common Walls
Parking Total: 5
Other Structures: Guest House, Storage
Appliances: 6 Burner Stove, Barbecue, Dishwasher
Fireplace(s): Living Room
Heating Type: Central
Property Features
Lot Size:
0.06 Acres / 2,697 Sq. Ft.
Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Value In Land
Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
View: Ocean
Lot Number: 5
Sewer: Public Sewer
Water: Public
Directions:Highland & Rosecrans
Tax and Financial Info
Land Lease: No
Insurance Expense: 862.00
Trash Expense: 800.00
Water / Sewer Expense: 800.00
Total Expenses: 36399.00
Gross Annual Income: 103170.00
Gross Operating Income: 103170.00
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3316 Vista Dr Manhattan Beach, CA 90266
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Listing provided courtesy of Joshua Barut, Lyon Stahl Investment Real Estate, Inc..
