Listed by J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc.,

2521 Alma Avenue

Manhattan Beach, CA, 90266

$7,500,000

$1,026 per ft²
$7,500,000
$1,026 per ft²
Active
Active
 - For Sale
carpenters-square
7,305 ft²
property_type
Multi-family
calendar
Built 1991
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.
MLS® ID:
SB22090092
Listed:
5/9/22
Updated:
9/25/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Inside
Fireplace
Living Room
Cooling
None
Heating
Central

Exterior/Building Features

Lot Size
4,052 ft² lot
Lot Details
2-5 Units/Acre, Gentle Sloping
Sewer
Public Sewer

Other Property Details

Area Name
142 - Manhattan Bch Sand
HOA Amenities
Fishing, Sidewalks, Water Sports
Garage
Yes
Garage Spaces
4
Parking
Y
Parking Total
6.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
MNRM

Property History

Date
Event
Price
Value
7/25/22
Active
-
-
6/10/22
Active Under Contract
-
-

 

Listed by J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/25/22. 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.

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Data last updated 7:45 AM UTC, 9/25/22

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