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For SaleLuxury

$4,700,000

2,692 sqft$1,746/sqft61 days on market

409 16th Street

Manhattan Beach, CA 90266

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

2,692

Square feet

1925

Built

Listing narrative

Description

An exceptional investment opportunity on one of Manhattan Beach’s desirable Walk Streets, this duplex offers two spacious residences just blocks from the beach, downtown, and the Manhattan Beach Pier. Centrally located in the heart of Manhattan Beach, this elevated home sits high on a 2,692 square foot lot. Both units offer comfortable living spaces, abundant natural light, hardwood floors, and private outdoor areas. The front unit sits high off the walk street and has great views from the patio and living area. This unit features approximately 1,750 square feet with 3 bedrooms, 2 bathrooms, and a bonus room and offers an open living and dining area, spacious kitchen, and flexible bonus space. The rear unit of approximately 1,100 square feet features a charming living room with a fireplace and a bright kitchen with breakfast bar, 3 bedrooms and 2 bathrooms and a private back patio. With projected rents of $7,500+ per month for the front unit and $5,000+ per month for the rear unit, the property offers excellent income potential. Live in one and rent the other, accommodate extended family, or utilize both as investment properties. A great opportunity to own a duplex on a Manhattan Beach Walk Street with the beach, restaurants, shops, schools, and downtown all just steps away.

Listing agent (MLS): David Caskey · Listing brokerage (MLS): eXp Realty of California Inc

Property Details

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Price

$4,700,000

Beds

Beds n/a

Type

Multi-Family

Home Size

2,692 sqft

Baths

Baths n/a

Lot Size

2,692 sqft

Year

1925

Status

For Sale

Days on Market

61

$ / Sqft

$1,746

· 8% down, 7% APR, 30yr fixed
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Courtesy of eXp Realty of California Inc