Pristine 12 Unit Residential Income Property For Sale

www.GlobalBX.com

Listing ID: 700116524

Listing Title: Pristine 12 Unit Residential Income Property For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=116524

Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Manhattan Beach

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $388,193

Cash Flow: $257,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1989

Number of Employees: 1 - 3

Business Description:
A pristine 12 unit Residential Income Building for sale in Manhattan Beach. It is located steps from the beach and borders downtown and amongst multi-million dollar homes. It is comprised of 12 1,550 sq.ft. units with 2 bedrooms (master suites) 2.5 baths and individual laundry rooms. They all have private heaters, water heaters and water shut off valves. Most have ocean views. The property has 28 gated parking spaces and 23 covered guest spots. It is the only building of its kind in the area because of the height variance given by the city. Contact me if you would like a set-up. Email or call 310-293-9178.



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