Pristine 12 Unit Residential Income Property For Sale
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $388193
Net Profit / Cash Flow $257000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1989
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Relocating / retiring.
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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