Prime Manhattan Beach duplex in “The Sand Section” just one block from the sand and near the iconic Manhattan Beach Pier! This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location. Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical. Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.
For sale
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker,
David O'Keefe DRE #01928739,
Marcus & Millichap
$2,175,000
2007 Highland Ave, Manhattan Beach, CA 90266
2beds
2baths
1,130sqft
Est.:
Duplex
Built in 1939
-- sqft lot
$2,156,000 Zestimate®
$1,925/sqft
$-- HOA
What's special
Peekaboo ocean viewsPrivate patioSeparate sleep areaTwo-bedroom unitRemodeled bathroomGarage parkingStunning vaulted ceilings
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