409 16th StreetManhattan Beach, CA 90266

Description

An exceptional investment opportunity on one of Manhattan Beach’s desirable Walk Streets, this duplex offers two spacious residences just blocks from the beach, downtown, and the Manhattan Beach Pier. Centrally located in the heart of Manhattan Beach, this elevated home sits high on a 2,692 square foot lot. Both units offer comfortable living spaces, abundant natural light, hardwood floors, and private outdoor areas. The front unit sits high off the walk street and has great views from the patio and living area. This unit features approximately 1,750 square feet with 3 bedrooms, 2 bathrooms, and a bonus room and offers an open living and dining area, spacious kitchen, and flexible bonus space. The rear unit of approximately 1,100 square feet features a charming living room with a fireplace and a bright kitchen with breakfast bar, 3 bedrooms and 2 bathrooms and a private back patio. With projected rents of $7,500+ per month for the front unit and $5,000+ per month for the rear unit, the property offers excellent income potential. Live in one and rent the other, accommodate extended family, or utilize both as investment properties. A great opportunity to own a duplex on a Manhattan Beach Walk Street with the beach, restaurants, shops, schools, and downtown all just steps away.

Property Information

Property type

Residential

Sub-type

Duplex

Structure type

Duplex

Year built

1925

Stories

2

Living area

2,763 Sq Ft

Lot size

0.06 acres

Garage spaces

3

Parking spaces

3

Days on market

27

MLS^® Listing#

SB26180421

Property Features

Cooling

None

Fireplace

Living Room

Pool

None

Parking

Attached · Garage

Laundry

Inside · In Garage · See Remarks

Community

Curbs · Street Lights · Sidewalks · Park

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

4178024021

Directions

Sepulveda Blvd to 16th St; head west on 16th St. Property is located east of Valley Dr.