$4,000,000
For Sale

2521 Alma Avenue

Manhattan Beach, CA 90266
3423 sqft | 5 beds | 4 baths | #SB22098128
Courtesy of Lyon Stahl Investment Real Estate, Inc.
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Description

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 walk street home features panoramic views from Palos Verdes to Malibu. Built in 1991, 2521 Alma is a 3,423 SF 5-bed/4-bath walkstreet residence 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. This property is listed with 2515 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.
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  • Interior Details
    • Beds & Baths
      • Bedrooms:5
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • View:Ocean
      • Stories:3
      • Lot description:Item01UnitAcre
    • Measurements
      • Acres:0.093
      • Square Feet:3423
    • Parking
      • Garage spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1991
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Manhattan Unified
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 000, 000
      • Selling Office Commission:2.500
  • Other
    • Source
      • MLS #:SB22098128

Location

Rami ElminoufiReal Estate Group
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