$3,200,000
$3,500,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/28/2017
Key Details
Sold Price $3,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB16722189
Sold Date 06/28/17
HOA Y/N No
Year Built 1937
Property Description
7 UNIT MIXED USE PROPERTY ON AN OVERSIZED PRIME CORNER OF EL PORTO. 4200 SQ. FT. LOT (35 x 120) THAT RUNS FROM HIGHLAND TO CREST. PROPERTY IS A COMBINATION OF 2 RETAIL UNITS ON HIGHLAND AND 5 RESIDENTIAL UNITS BEHIND COMMERCIAL, GOING UP THE HILL WITH PANORAMIC OCEAN VIEWS. SOME UNITS HAVE BEEN REMODELED PROVIDING SOLID INCOME TODAY WITH THE POTENTIAL TO BUILD IN THE FUTURE. LOTS OF PARKING. VERY UNIQUE OPPORTUNITY TO OWN MIXED USE PROPERTY IN MANHATTAN BEACH. (BUYER TO VERIFY ALL POTENTIAL BUILDING POSSIBILITIES AND DIMENSIONS.)
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNCNE
Interior
Fireplace No
Exterior
Pool None
Community Features Street Lights
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Sloped Up
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4137002023
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Timothy Agee • NWRE Brokers
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "