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424 20th, Manhattan Beach, CA 90266

Property Details

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424 20th
Manhattan Beach, CA 90266

For Sale: $7,395,000

Property Type: Triplex
MLS#: SB19005221

  • Building Size: 6073 SF
  • Lot Size: 5148 SF
  • Number of Units: 3
  • Year Built: 1978
  • Days on market: 101
  • Cap Rate: 2.90
  • Net Operating Income: $214,755
  • Rent Control: No
  • GRM: 24.00
  • Contact Listing Agent Direct:
  • Jeremy Shelton, Strand Hill Christies International Real Esta


Property Description

Great investor opportunity to own a truly one-of-a-kind property in the Sand Section of Manhattan Beach. Sitting up high on a near double lot (rare 60 feet of prime walk street frontage), this property consists of a 3,600 sq ft 4 bedroom main house with (two) 2 bedroom and 2 bath income or guest homes. The property has been fully remodeled down to the studs with new HI-END EVERYTHING! No expense was spared on the development of this legal triplex. Each of the apartment style units is approximately 1,200 sq ft with a total combined sq ft of over 6,000 sq ft. There are nice ocean views from the top floors and a fabulous indoor outdoor upper level that surely will be the highlight of the parties! The main home features include 4 bedrooms all with their own baths and two half baths. There is an amazing top level living space with indoor outdoor vibe, full wet bar, and great ocean views. All of the units have Central Air Conditioning, security and sound systems, top of the line Thermadore stainless appliances, flat screen TV's throughout, washer and dryers, 7" wide plank oak floors, and more...The property boasts an incredible 12 legal parking spaces and has great views of the ocean, mountains, valley, Catalina, and Malibu. The location is near everything we love about Manhattan Beach. Just blocks to the shops and restaurants of downtown MB, parks, award winning Grandview elementary school, and the beach. There is nothing else like this at the beach. Must be seen to be appreciated


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424 20th, Manhattan Beach, CA 90266

Based on information from California Regional Multiple Listing Service, Inc. as of March 29, 2019. 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.

Listing provided by: Jeremy Shelton, Strand Hill Christies International Real Esta

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