4404 Highland Ave

Manhattan Beach, CA 90266 View Map $2,850,000 Schedule a Tour
Sq.Ft. Lot1,930
Year1959
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Status: Under Contract
Property Type:Triplex
MLS #:SB22166818
On Site:19 Days
Lot Size:1,930 Sq. Ft.
County:Los Angeles
SPACIOUS Units - MANHATTAN Bch SAND SECTION with OCEAN VIEW. Owner has owned this building for 40 years. Location is great. Tenants are great. The layout of the units are great. The middle and upper floor units are both 2 bdrm units with oversized living rooms that offer an additional alcoved space for an office area (no need to use the 2nd bdrm as an office! Huge selling/rental point in a market where in-home work spaces are desirable) The lower unit is a 1 bdrm that meets the need of the smaller unit usage. This type of rental is hard to find and rents very quickly in this area. The middle unit offers a deck off the double set of french doors and a nice private entry/porch area which is an added benefit. Both the middle and upper unit offer ocean view. 5 parking spots come with this building. Washer and dryers are in the middle and top unit. New flooring in most areas. Call for more details about zoning and usage. You will not find a better value.

Listing Agent/Office

Agent Name:Cindy Shearin
Office Name:Strand Hill Christies International Real Estate

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:4404 Highland Ave Manhattan Beach, CA 90266
Area:142 - Manhattan Bch Sand
County:Los Angeles
City:Manhattan Beach
Zip Code:90266

Architecture

Year Built:1959
Stories:3
Building Area: 2263.0
Number of Buildings: 1
Total Units: 3
Stories Total: 3
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$4,000 actual rent•$48,000 total rent•$4,500 pro forma
Unit 2: 2 Units•2 Beds•1 Bath•Unfurnished•$3,500 actual rent•$42,000 total rent•$4,000 pro forma
Unit 3: 3 Units•1 Bed•1 Bath•Unfurnished•$2,600 actual rent•$31,200 total rent•$2,800 pro forma
Open Parking Spaces: 5.0
Parking Total: 5.0

Features / Amenities

Laundry: Inside, Stacked
Common Walls: No Common Walls

Property Features

Lot Size: 0.04 Acres / 1,930 Sq. Ft.
Lot Features: Item01UnitAcre
View: Ocean
Sewer: Public Sewer
Water: Public
Zoning:MNRH
Directions:North end of Man Bch sand section, east side of HIGHLAND AVE and 2 blocks to the beach

Tax and Financial Info

Gross Income: $121,200
Gross Scheduled Income: $121,200
Net Operating Income: $115,020
Electric Expense: $900
Fuel Expense: $180
Insurance Expense: $2,550
Trash Expense: $600
Water/Sewer Expense: $1,200
Other Expense: $750
Operating Expense: $6,180
Terms: Cash, CashtoNewLoan

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4404 Highland Ave Manhattan Beach, CA 90266
GO SEE THIS LISTING
4404 Highland Ave Manhattan Beach, CA 90266
 
ASAP
Wed
17
Aug
Thu
18
Aug
Fri
19
Aug
Sat
20
Aug
Sun
21
Aug
Mon
22
Aug
Tue
23
Aug
Choose Your Date -- It's Free, Cancel Anytime
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Listing agent / office Cindy Shearin, Strand Hill Christies International Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2022. 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.