Property · 2 recorded sales since 2020
Listing Agent: Austin Zahn (DRE #01936451) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Patricia Blakemore · Palm Realty Boutique, Inc. · MLS #SB23146544 · Source: CRMLS
Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bay’s largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. Now operating at a 4.69% CAP, with units recently resigning first or second year terms at increased rates, this property is ready for someone to benefit from long term headache free stabilized cash-flow!
Listing description from the September 2023 sale, as reported to CRMLS.