201 38th St, Manhattan Beach, CA 90266

201 38th St, Manhattan Beach, CA 90266

Manhattan Beach, CA
$4,500

Property Description

This apartment is tucked in the heart of North Manhattan Beach just steps away from The Strand. The unit comprises of 2 bedrooms, 2 bathrooms, beamed ceilings, its own laundry unit, a gas fireplace, and 1 car garage and tandem space for small cars. The unit is equipped with original hardwood flooring and a kitchen with amenities including a dishwasher, gas stove, microwave, oven, and plenty cabinet space. This property was fully rehabbed in 2006. Featuring a patio with an ocean view, this location is unbeatable, just steps from the beach and some of the best restaurants, bars, and coffee shops Manhattan Beach has to offer: including FISHBAR, Pancho’s, Kotosh, OB’s, Two Guns, Waca Sushi, Cafe Wild, and more.

Property Features

  • Sale Price: $4,500
  • Area Size: 2834 SF
  • Land Area: 2700 SF
  • Year Built: 1952
  • Listing Date: 2/18/2020
  • Units: 2
  • Current GRM: 21.60
  • Current Cap Rate: 3.01%
  • Price Per Unit: $1,102,500
  • Market GRM: 21.60
  • Market Cap Rate: 3.01%

Lyon Stahl Investment Real Estate

Keep In Touch