127 Seaview St, Manhattan Beach, CA 90266

127 Seaview St, Manhattan Beach, CA 90266

Manhattan Beach, CA

Property Description

127 Seaview Street is a well-positioned ocean view duplex in the sand section of North Manhattan Beach. Built in 1970, the 1,548 SF building sits on a 1,349 SF lot, and features (1) 2-bed/2-bath upstairs unit, (1) 1-bed/1-bath downstairs unit, and (1) 3-car garage. Located only four (4) parcels from The Strand, the duplex is a short distance to the beach as well as restaurants and retail of North Manhattan Beach. Given the ideal sand-section location and consistent income, this is a great opportunity for any Beach Cities investor to own a stabilized asset with long term appreciation potential.

Property Features

  • Sale Price: $2,250,000
  • Area Size: 1,548 SF
  • Year Built: 1970
  • Listing Date: March 7, 2022
  • Closing Date: April 7, 2022
  • Units: 2
  • Current GRM: 26.71
  • Current Cap Rate: 2.15%
  • Market GRM: 25.17
  • Market Cap Rate: 2.37%

Lyon Stahl Investment Real Estate

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