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2515 Alma Avenue

Manhattan Beach, CA 90266
  • $3,500,000
  • STATUS: Active Under Contract
  • ON SITE: 39 Days
  • ID#: SB22098187
Under Contract
$3,500,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,882
    SQFT
  • $902
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1982
County:

School Ratings & Info

School District:
Listing Agent(s): J.Woody Stahl of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Brett Lyon of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-28T00:26:37.8. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
www.myorangecountyhomesearcher.com/homes/128904730
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2515 Alma Avenue Manhattan Beach, CA 90266

  • Price: $3,500,000
  • Status: Active Under Contract
  • On Site: 39 Days
  • ID#: SB22098187
5
Beds
5
Baths
0
½ Baths
0.09
Acres
3,882
SQFT
$902
$/SQFT
1982
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
School District:
Manhattan Unified
Property 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 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.
Exterior Features

Attached Garage YN Yes Lot Features 0-1 Unit/Acre Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes View Ocean View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Biking Garage YN Yes Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Lease Considered YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public Zoning Mnrm



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-28T00:26:37.8. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
 
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Zutila, Inc.
4000 Barranca Parkway #105
Irvine CA, 92604
Listing Agent(s): J.Woody Stahl of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Brett Lyon of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)