324 23rd Street Manhattan Beach, CA $ 3,199,000
324 23rd Street
$ 3,199,000
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324 23rd Street

Manhattan Beach, CA, 90266
$ 3,199,000
Bedrooms5 Baths2.0 Sq 2,748

Monthly Estimate*

$ 19,159

Listed by Vista Sotheby’s International Realty
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Multi-Family Home for sale in Manhattan Beach, CA

for $3,199,000 with 5 bedrooms and 2 full baths. This 2,748 square foot home was built in 1939 on a lot size of 0.0617.

Terrific Investment opportunity located in the coveted sand section of Manhattan Beach. Just 5 short blocks to the beautiful Pacific Ocean. This charming street-to-alley detached duplex features a unique 1,140 sq. Ft., 2 bedroom, 2 bathroom unit in the front (324-23rd Street) and a large 1,608 sq. Ft., 3 bedroom, 2 bathroom unit in the back (325 Marine Place). The back unit was remodeled in 2014. Upgrades include a remodeled kitchen with quartz counter tops and stainless steel appliance, upgraded bathrooms, and bamboo flooring. The front unit is a fun beach cottage with 2 fireplaces and vaulted ceilings in the living room. Both units come with their own laundry hook ups. New roofs were installed on both units in 2020. As an investment there is tremendous potential. You could potentially build a large single family residence with an ADU. Buyer to check with the City of Manhattan Beach about what can and can’t be developed on this lot. Another option is to keep this well-maintained property as a long-term rental investment. Close to Grand View Elementary, Live Oak Park and Downtown Manhattan Beach.

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Multi-Family Active

Price

$ 3,199,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.0617

Year Built

1939

Town/City

Manhattan Beach

County/Region

Los Angeles

MLS | Web ID

SB24164117

Days on Market

30

Features
General
Interior Features BeamedCeilings MultipleStaircases BedroomonMainLevel
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable SewerAvailable
Roof Composition TarGravel
Appliances Dishwasher Disposal GasOven GasRange
Zoning MNRM
HOA 0.0
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors WindowBars
Construction Materials Stucco
Exclusions All of the tenants personal property
Year Built 1939
Electric Standard
Tenant Pays CableTV Electricity Gas
View PeekABoo
Stories 2
Levels Two
Property SubType Duplex
Gross Income 92400.0
Community Features Urban
Accessibility None
County Los Angeles
Net Operating Income 45793.0
Operating Expense 46607.0
Insurance Expense 2000.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Head North on Highland Turn Right on 23rd Street
City Manhattan Beach
Entry Location Street
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 2
MLS Area 142 - Manhattan Bch Sand
Lot Size Units SquareFeet
Lot Size Square Feet 2688.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Terms Cash CashtoNewLoan Conventional Submit
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 1200.0
Water Sewer Expense 1920.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://www.zillow.com/view-3d-home/8270110b-a0f4-4651-8456-b601b4abb8f8?setAttribution=mls&wl=true https://www.zillow.com/view-3d-home/8270110b-a0f4-4651-8456-b601b4abb8f8?wl=true
Days on Market 13
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 7700.0
Property Sub Type Additional Duplex
Taxes 39987.0
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Interior
Flooring Bamboo Carpet Laminate Tile Vinyl
Fireplace Features LivingRoom PrimaryBedroom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Laundry Features InGarage LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Driveway GarageFacesFront Garage GarageFacesRear
Lot Features RectangularLot
Water Source Public
Total Parking 4.0
Lot Size Area 2688.0
Foundation Details Raised Slab
Number of Buildings 2
Spa N
Building Area Total 2748.0
Lot Size Acres 0.0617
Road Surface Type Paved
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type Alley CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 324
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* Excluded Features
List By
Vista Sotheby’S International Realty

Broker

(310) 375-0583

Phone

Affordability Calculator

$19,159
Per Month
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Monthly Principal & Interest
$19,159
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2024$3,199,000 Listed Price

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324 23rd Street, Manhattan Beach, CA, 90266 is a Multi-Family Home for sale at $3,199,000 with 2,748 sqft and a lot size of 0.0617. 324 23rd Street has 5 bedrooms, 2.0 baths, and was built in 1939. The property's zip code is 90266 which is in Manhattan Beach, CA