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    3316 Vista Dr

    Manhattan Beach, CA 90266
    • $2,650,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: SB21065458
    Price Reduced
    UPDATED: 14 min ago
    $2,650,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,156
      SQFT
    • $1,229
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Ocean View, 30' x 90' Lot in the Sand Section! This Property hasn't changed hands in over 45 Years and it's easy to understand why. 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 panoramic ocean views that charm the homes top level. 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 (owners 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 owners 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T15:38:58.083. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/115582181
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    3316 Vista Dr Manhattan Beach, CA 90266

    • Price: $2,650,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: SB21065458
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,156
    SQFT
    $1,229
    $/SQFT
    1956
    Built
    Neighborhood:
    142 - Manhattan Bch Sand
    County:
    Los Angeles
    Area:
    142 - Manhattan Bch Sand
    Property Description
    Ocean View, 30' x 90' Lot in the Sand Section! This Property hasn't changed hands in over 45 Years and it's easy to understand why. 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 panoramic ocean views that charm the homes top level. 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 (owners 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 owners 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.
    Exterior Features

    Carport YN Yes Lot Features 0-1 Unit/AcreCorner LotCul-De-SacValue In Land Number Of Separate Electric Meters 1 Other Structures Guest HouseStorage Parking Features Attached CarportDoor-MultiDirect AccessDrivewayGarageTandem Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Ocean View YN Yes Waterfront Features Ocean Side Of FreewayOcean Side Of Highway

    Interior Features

    Appliances 6 Burner StoveBarbecueDishwasherDryerWasher Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetStoneTile Heating Central Heating YN Yes Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsGutter(S)ParkSidewalksWater Sports Contingency Buyer(S) And/Or Representatives Are Required To Do Any And All Due Diligence Regarding The Property And Are Advised To Check With The City Regarding Permits To Satisfy Any Concerns Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 103170 Gross Scheduled Income 108600 Insurance Expense 862 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 66771 New Construction YN No New Taxes Expense 30679 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 36399 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 800 Water Sewer Expense 800 Water Source Public

    Listing provided courtesy of Joshua Barut of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T15:38:58.083. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    Torrance CA, 90505