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1741 2nd Street
$1,325,000

1741 2nd Street

Description

Lovely bread n butter duplex, consisting of two charming detached, single family cottages on one large lot. Front home includes 2 bedrooms, 1 bath, a living room, dining room, kitchen, plus a private fenced front yard (perfect for pet owners) and a large mature treed back yard that is shared with detached neighboring cottage some 40 feet away. The rear cottage is really charming and consists of 1 bedroom, 1 bathroom, a dining room, living room and its own gated private back yard perfect for pet owner tenants. Owners have always rented it out under market so room for improvement there. Perfect 1031 landing pad, for first time buyers who have a down payment but want subsidized mortgage payment help, or just a nice long term place to invest paying a significant premium over standard bank savings accounts. Live in the one bedroom and the existing rent on front unit two bedrooms covers approximately $850,000 in rent on interest only market rate loan. This little gem will not last.

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Location

1741 2nd Street, Manhattan Beach, CA 90266

Status

Sold
Robb Stroyke

Robb Stroyke

TITLE

Co-Founder/Partner

Property Amenities

Interior
Laundry room Washer Hookup, Inside
Appliances Dishwasher, Gas Oven, Gas Range
Flooring Vinyl, Wood
Area & Lot
Lot Area 6,626 Sq.Ft.
MLS® ID SB16188371
Year Built 1936
Type Residential
Status Sold
Exterior
Air conditioning No cooling
Heat type Wall Furnace
Garage Space 2 garage spaces
Parking Carport, 4 carport spaces, 6 total parking spaces, Unassigned
Finance
Sales Price $1,325,000

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