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2521 Alma Avenue

Manhattan Beach, CA 90266
  • $7,500,000
  • STATUS: ACTIVE
  • ON SITE: 11 Days
  • ID#: SB22090092
UPDATED: 78 min ago
$7,500,000
  • 10
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Sitting on a rare oversized lot and a half (45' x 90') one block east of Bruce's Beach in the Manhattan Beach sand section, this coveted walk street to alley property consists of two massive homes - each with panoramic views from Palos Verdes to Malibu. 2515 Alma (3,882 SF | Built in 1982), is a 5-bed/5-bath home, while 2521 Alma (3,423 SF | Built in 1991) is a 5-bed/4-bath walkstreet residence. Each house is equipped with a 2-Car garage and offers outstanding views from their respective balconies/terraces. The property is well located in a prime pocket of Manhattan Beach, located only 3 blocks from The Strand as well as a short distance to local schools and restaurants/retail on the pier and in North Manhattan Beach. Given the highly desirable lot, location, and strong rental income that these homes provide ($25,000/mo in gross monthly rent), 2521 Alma is a rare opportunity for any Beach Cities investor or end-user to own a generational asset with long term appreciation potential. Properties can be sold separately as Tenants in Common (TIC) and are listed for sale separately. Sitting on a rare oversized lot and a half (45' x 90') one block east of Bruce's Beach in the Manhattan Beach sand section, this coveted walk street to alley property consists of two massive homes - each with panoramic views from Palos Verdes to Malibu. 2515 Alma (3,882 SF | Built in 1982), is a 5-bed/5-bath home, while 2521 Alma (3,423 SF | Built in 1991) is a 5-bed/4-bath walkstreet residence. Each house is equipped with a 2-Car garage and offers outstanding views from their respective balconies/terraces. The property is well located in a prime pocket of Manhattan Beach, located only 3 blocks from The Strand as well as a short distance to local schools and restaurants/retail on the pier and in North Manhattan Beach. Given the highly desirable lot, location, and strong rental income that these homes provide ($25,000/mo in gross monthly rent), 2521 Alma is a rare opportunity for any Beach Cities investor or end-user to own a generational asset with long term appreciation potential. Properties can be sold separately as Tenants in Common (TIC) and are listed for sale separately.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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2521 Alma Avenue Manhattan Beach, CA 90266

  • Price: $7,500,000
  • Status: ACTIVE
  • On Site: 11 Days
  • Updated: 78 min ago
  • ID#: SB22090092
10
Beds
0
Baths
0
½ Baths
0.09
Acres
Neighborhood:
Manhattan Beach (90266)
County:
Los Angeles
Area:
Manhattan Beach (90266)
Property Description
Sitting on a rare oversized lot and a half (45' x 90') one block east of Bruce's Beach in the Manhattan Beach sand section, this coveted walk street to alley property consists of two massive homes - each with panoramic views from Palos Verdes to Malibu. 2515 Alma (3,882 SF | Built in 1982), is a 5-bed/5-bath home, while 2521 Alma (3,423 SF | Built in 1991) is a 5-bed/4-bath walkstreet residence. Each house is equipped with a 2-Car garage and offers outstanding views from their respective balconies/terraces. The property is well located in a prime pocket of Manhattan Beach, located only 3 blocks from The Strand as well as a short distance to local schools and restaurants/retail on the pier and in North Manhattan Beach. Given the highly desirable lot, location, and strong rental income that these homes provide ($25,000/mo in gross monthly rent), 2521 Alma is a rare opportunity for any Beach Cities investor or end-user to own a generational asset with long term appreciation potential. Properties can be sold separately as Tenants in Common (TIC) and are listed for sale separately. Sitting on a rare oversized lot and a half (45' x 90') one block east of Bruce's Beach in the Manhattan Beach sand section, this coveted walk street to alley property consists of two massive homes - each with panoramic views from Palos Verdes to Malibu. 2515 Alma (3,882 SF | Built in 1982), is a 5-bed/5-bath home, while 2521 Alma (3,423 SF | Built in 1991) is a 5-bed/4-bath walkstreet residence. Each house is equipped with a 2-Car garage and offers outstanding views from their respective balconies/terraces. The property is well located in a prime pocket of Manhattan Beach, located only 3 blocks from The Strand as well as a short distance to local schools and restaurants/retail on the pier and in North Manhattan Beach. Given the highly desirable lot, location, and strong rental income that these homes provide ($25,000/mo in gross monthly rent), 2521 Alma is a rare opportunity for any Beach Cities investor or end-user to own a generational asset with long term appreciation potential. Properties can be sold separately as Tenants in Common (TIC) and are listed for sale separately.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling N/K Total Baths Unit1 5 Total Baths Unit2 4

Property Features

Annual Expense Actual 100719 Buildings 2 Cfd Mello Roos Fee 945.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 300000 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 12500.0 Unit2 Rent Actual 12500.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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