Manhattan Beach, CA 90266 120 36Th Place

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  • MLS# 22115695
  • 01/04/2022
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Presented By: David Harrington with Matthews Real Estate Investment Services - 310-497-5590
  • Beds • 3
  • Baths • 2
  • SQFT • 1,260
  • Garage • 2
  • Year Built • 1927

Home Details

This duplex is an opportunity for an investor or owner-user to purchase a multifamily property located just above The Strand in Manhattan Beach, California. The property consists of a mix of (1) two-bed/one-bath & (1) one-bed/one-bath units. There is one 2-Car Garage on 36th Place and a shared private yard at the back of the property. A new owner can capitalize on the tight rental market and high rents in this neighborhood by fully upgrading and renovating the units to achieve top of the market rents. This is a pride of ownership property. Quality renovations and executing on a renovation strategy will allow you to unlock maximum upside. Upgrades may include a fully remodeled kitchen including top of the line stainless steel appliances, granite countertops, artistic styled flooring, and brand-new cabinetry. The opportunities are endless to realize maximum value in each unit. Rents at the high end of the range result in 126% upside potential. The bottom one-bed/one-bath unit is not current on rent, the top two-bed/one-bath unit is current on rent. Both tenants are month-to-month. There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants nor walk around the property.
Presented By: David Harrington with Matthews Real Estate Investment Services - 310-497-5590

Interior Features for 120 36Th Place

Bathrooms

Total Baths0

General for 120 36Th Place

AppliancesRefrigerator
Co-Listing AgentNabil Awada - BRE#02046840
Co-Listing Agent State License #02046840
Garage Spaces2
Garage Y/NYes
HOA Fee$0
Listing AgentDavid Harrington - BRE#01320460
Listing Agent State License01320460
Lot Size Square Feet1352
MLS Area142 - Manhattan Bch Sand
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
StatusActive Under Contract
Total Units2
ZoningMNRH

Exterior for 120 36Th Place

Lot FeaturesBack Yard
Lot Size Acres0.031
Lot Size Area1352
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesDoor-Multi, Garage
Total Parking2

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,775,000
MLS#22115695
List Date 01/04/2022
Property Type Contingent
Phone 310.658.1749
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