201 15th St

Manhattan Beach, CA 90266 View Map $3,695,000 Schedule a Tour
Sq.Ft. Lot2,701
Year1952
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Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:SB20052520
On Site:226 Days
Lot Size:2,701 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Kevin Pratt
Office:Strand Hill Properties
Broker Phone:310-738-2348
Prime Downtown Manhattan Beach location, this well maintained triplex is situated on 15th Street where Manhattan Avenue ends. Only steps to the beach, restaurants, shops and the famous MB Pier! Ocean view from the front two units. Incredible large back deck for entertaining and sun bathing. Situated on a full street to alley lot. Hard to find this type of property, a unique opportunity!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/12/2023$3,950,000$3,850,000-2.5%
9/20/2023$3,850,000$3,795,000-1.4%
10/23/2023$3,795,000$3,695,000-2.6%

Community Information

Address:201 15th St, Manhattan Beach, CA 90266
Zip Code:90266

Architecture

Year Built:1952
Building Area: 2093.0
Number of Buildings: 1
Total Units: 3
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $4,400 actual rent • $4,400 total rent • $4,500 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $4,250 actual rent • $4,250 total rent • $4,500 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $3,200 actual rent • $3,200 total rent • $3,500 pro forma
Garage Spaces: 2.0

Features / Amenities

Laundry: Common Area
Common Walls: 2+ Common Walls
Parking Total: 2.0

Property Features

Lot Size: 0.06 Acres / 2,701 Sq. Ft.
Lot Features: NearPark
Sewer: Public Sewer
Water: Public
Zoning:MNRM
Directions:15th& Manhattan Avenue

Tax and Financial Info

Cap Rate: 2.4
Gross Scheduled Income: $142,200
Net Operating Income: $96,200
Insurance Expense: $3,000
Maintenance Expense: $3,000
New Taxes Expense: $40,000
Operating Expense: $46,000
Terms: Cash, CashtoNewLoan
Land Lease: No
Buyer Agency Compensation: 2.000%

Schools

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201 15th St Manhattan Beach,  CA 90266
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201 15th St Manhattan Beach, CA 90266
 
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6
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Thu
7
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8
Mar
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9
Mar
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Mar
Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of March 5, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.