3316 Vista Dr, Manhattan Beach CA 90266

3316 Vista Dr, Manhattan Beach CA 90266

Manhattan Beach CA
$2,750,000

Property Description

Lyon Stahl Investment Real Estate is pleased to present 3316 Vista Dr, Manhattan Beach. This property is located right in the heart of the highly sought-after
Manhattan Beach Sand Section and sits on a full sized 2,700 square foot lot that is strategically positioned at one of the highest points of the coveted
submarket. Further, this west-facing lot is particularly unique in that its only adjacent neighbor is located on its east border, meaning there is street or alley
access along its north, south, and – most importantly – west boundaries and, thus, there is little-to-no obstruction of the ocean views that charm the home’s top
level. All said, this property is a developer’s dream and represents a rare opportunity to build on one of the least obstructed lots in the entire Sand Section.

The existing building operates as an income-producing 2,156 square foot duplex with (1) 3 Bed/2 Bath upper unit and (1) 1 bed/1 Bath lower unit below. These
units are currently collecting $4,100 and $2,600, respectively, and the top unit (owner’s unit) will be delivered vacant at the close of escrow! To that end, those
buyers that are intending to build their dream home in the future are offered the rare opportunity to secure a highly coveted parcel of Sand Section land while
adequately offsetting their mortgage payment until the time is right. In addition, the owner’s unit is amply upgraded throughout and features (2) large balconies
with beautiful ocean views, one located at the entrance and the other privately placed outside the master bedroom. The kitchen is beautifully redone with
granite countertops, brand new cabinetry that offers ample storage, and artistic tile flooring. Moreover, the top unit is afforded an oversized, 2-Car Garage with
additional skirt parking and the bottom unit has its own carport space, which is especially important in this parking impacted location.

Don’t miss this opportunity to build, own, and/or enjoy steady income on a full 30’ x 90’ ocean view lot at one of the most consistent surf spots in all of Southern
California. It won’t last long!

Property Features

  • Sale Price: $2,750,000
  • Area Size: 2156 SF
  • Land Area: 2697 SF
  • Year Built: 1956
  • Listing Date: 3/29/2021

Lyon Stahl Investment Real Estate

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