2521 Alma AVE

MANHATTAN BEACH, CA, 90266

$4,000,000

$1,168 per ft²
$4,000,000
$1,168 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
3,423 ft²
property_type
Residential
calendar
Built 1991
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.
MLS® ID:
SB22098128MR
Listed:
5/18/22
Updated:
7/2/22

Interior Features

Total Bedrooms
5
Full Bathrooms
4
Laundry Description
Gas Dryer Hookup
Fireplace
None
Cooling
Central
Heating
Central

Exterior/Building Features

Lot Size
4,052 ft² lot
Sewer
Public Sewer

School Information

School District
Manhattan Unified

Other Property Details

Garage
Yes
Garage Spaces
2
Parking
Y
Parking Total
2.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
3
Zoning
MNRM

Property History

Date
Event
Price
Value
6/17/22
Active Under Contract
-
-

 

Courtesy of J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc.

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Steve Sawaii shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/2/22

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