Skip To Content

2521 Alma Avenue

Manhattan Beach, CA 90266
  • $7,500,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: SB22090092
UPDATED: 40 min ago
$7,500,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1991
County:

School Ratings & Info

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


Description

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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128545344
Print Image

2521 Alma Avenue Manhattan Beach, CA 90266

  • Price: $7,500,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 40 min ago
  • ID#: SB22090092
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1991
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
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.
Exterior Features

Lot Features 2-5 Units/AcreGentle Sloping Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No View CatalinaCoastlineOceanPanoramic View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features FishingSidewalksWater Sports Contingency 1. Questions: All Specific Property Related information is Covered in The Marketing Package in The Supplemental Section On The Mls. ----- 2. Communication: Please Direct Any Additional Questions Not Covered in The Marketing Package To Our Team At Broker@Lyonstahl.Com. ----- 3. Showings: Please Contact Broker For Details Regarding Potential Showings ----- 4. Offers: Please Submit Offers To Broker@Lyonstahl.Com. Please include Proof Of Funds And Pre-Approval (If Applicable). ----- 5. Occupancy: Oc Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 291000 Gross Scheduled Income 300000 Insurance Expense 4383 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 9000 Net Operating Income 190281 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Operating Expense 100719 Other Expense 1600 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 9000 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Mnrm



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368865107-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368865107-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368865107-1.jpg
Logo
The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): J.Woody Stahl of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Brett Lyon of ()