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2515 Alma Avenue

Manhattan Beach, CA 90266

MLS# SB22098187

$3,500,000

GENERAL DESCRIPTION

Acres:

0.093 Acres

Bedrooms:

5 Bedrooms

Bathrooms:

5 Bathrooms

Car Spaces:

2 Spaces

Excellent opportunity to purchase an Ocean View home below market value with Tenant in Common financing, which is very similar to purchasing a condo. Program guidelines are included in the supplement section of MLS and private agent remarks. This coveted home features panoramic views from Palos Verdes to Malibu. Built in 1982, 2515 Alma is a 3,882 SF 5-bed/5-bath residence equipped with a 2-Car garage and offers outstanding views from its balcony/terrace. 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. This property is listed with 2521 Alma which is located on the same oversized lot (45' x 90' SF). Both Properties can be sold separately as Tenants in Common (TIC) and are listed together as well for $7,500,000. Given the highly desirable lot, location, and strong rental income that these homes provide ($25,000/mo in gross monthly rent), this portfolio is a rare opportunity for any Beach Cities investor or end-user to own a generational asset with long term appreciation potential.

PROPERTY DETAILS

Status:

Active

Built Year:

1982

Property Type:

Residential

Days On Market:

67

Living Area:

3,882 sqft

Lot Size:

4,052 sqft

Listing courtesy of:

J.Woody Stahl

Lyon Stahl Investment Real Estate, Inc.

Phone:

310-726-3391

Email:

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Map

* Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other  sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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