Multifamily
2007 Highland Ave
2007 Highland Ave, Manhattan Beach, CA 90266
Listing Price: $1,975,000
Investment Overview
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire a prime Manhattan Beach duplex just one block from the sand and near the iconic Manhattan Beach Pier. This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location.
Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical.
Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.
2007 Highland Ave
Investment Highlights
- Prime Manhattan Beach duplex with a two-bedroom/one-bath unit, a studio apartment, garage parking and a private patio
- Irreplaceable location in "The Sand Section" steps to the beach and walkable to the Manhattan Beach Pier and world-class dining and retail
- Two-bedroom occupies the upper floor and boasts ocean views and vaulted ceilings
- Major value-add opportunity with 52 percent rental upside
- Recent improvements include new water heaters, upgraded plumbing, electrical, and exterior stairs, and a new bathroom in the studio
Exclusively Listed By
Listing Price: $1,975,000
Investment Highlights
- Prime Manhattan Beach duplex with a two-bedroom/one-bath unit, a studio apartment, garage parking and a private patio
- Irreplaceable location in "The Sand Section" steps to the beach and walkable to the Manhattan Beach Pier and world-class dining and retail
- Two-bedroom occupies the upper floor and boasts ocean views and vaulted ceilings
- Major value-add opportunity with 52 percent rental upside
- Recent improvements include new water heaters, upgraded plumbing, electrical, and exterior stairs, and a new bathroom in the studio
Investment Overview
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire a prime Manhattan Beach duplex just one block from the sand and near the iconic Manhattan Beach Pier. This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location. Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical. Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.
Exclusively Listed By
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