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201 38th St, Manhattan Beach, CA 90266

201 38th St, Manhattan Beach, CA 90266
$3,150,000

Description

Johnnie Stiegler and Charlie Rasmussen are proud to present 201 38th St, a charming duplex situated on a 2,700 sq ft full lot in an undoubtedly world-class neighborhood just a half a block away from The Strand. This building was constructed in 1952 with 2,834 sq ft of total living area. Both units are comprised of 2 bedrooms,2 bathrooms, share the same spacious floorplans, tongue-and-groove, exposed beam ceilings, and laundry rooms. Both units have been rehabbed nicely with granite countertops, newer cabinetry, and fireplaces for the use of the owner.

The upper unit has 2 spacious decks, one adjacent to the living area and another two-story rooftop with breathtaking panoramic ocean views from Malibu to Palos Verdes. Upon entering the lower unit, you will find an open living area with original hardwood flooring and a full kitchen with a dishwasher, gas stove, oven, and plenty of cabinet space. This premier location is unbeatable, just steps from the beach and some of the best restaurants, bars, and coffee shops Manhattan Beach has to offer.

Property Downloads

  • City: Manhattan Beach
  • State/county: CA
  • Country: United States

Detail

Updated on February 13, 2020 at 11:41 am

  • Price: $3,150,000
  • List Date: 2/10/2020
  • Property Size: 2834 Sq Ft
  • Land Area: 2700 Sq Ft
  • Year Built: 1952
  • Property Type: Duplex, Multifamily
  • Property Status: Active
  • Numbers of Units: 2
  • GRM: 21.60
  • CAP RATE: 3.01%
  • Price per Unit: $1,102,500
  • Market GRM: 21.60
  • Market CAP RATE: 3.01%

Contact info

Johnnie Stiegler
Johnnie Stiegler
(310) 990-9685(310) 447-2213
Charlie Rasmussen
Charlie Rasmussen
(562) 241-0898(310) 404-9072
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