120 36th Place
120 36th Place
$1,850,000
3
2
1,260
1,260
$1,468
Sold 3/15/22
Description
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 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.
- Listed by David Harrington • DRE #01320460 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
- Listed by Nabil Awada • DRE #02046840 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
Property Details for 120 36th Place
Zoning
MNRH
Parcel Number4175026016
Total Units2.0
Living Area1260
Source Living AreaVendor Enhanced
AreaManhattan Beach Sand (142)
Vacancy Rate0
Lot Size Area1352
Location
LISTING UPDATED: 03/15/2022 02:28 PM
Property Details for 120 36th Place
Status | Sold |
---|---|
MLS # | 22-115695 |
Days on Market | 23 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1927 |
Lot Size | 0.03 AC / 1,352 SF |
County | Los Angeles County |
Location
Building Information for 120 36th Place
Stories2Residences-Year Built1927Building Size-Lot Size0.03 AC / 1,352 SF
Payment Calculator
$11,887 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 120 36th Place
Property History for 120 36th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 120 36th Place
Taxable ValueLand$1,836,000Additions$51,240Total$1,887,240
Tax Record2023$21,487 ($1,791 / month)
Home Facts
Total Finished SqFt1,260 SqFtAbove Grade Finished SqFt1,260 SqFtLot Size1,352 SqFtStyleDuplexYear Built1927ZoningMNRHCountyLOS ANGELESAPN4175-026-016
Schools near 120 36th Place
This home is within Manhattan Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Grand View Elementary School PublicK to 5 | ||
Manhattan Beach Middle School Public6 to 8 | ||
Mira Costa High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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