Courtesy of: Lyon Stahl Investment Real Estate, Inc.
Days On Market: 147
Year Build: 1991
Address: 2521 Alma
County: Los Angeles
City: Manhattan Beach
Neighborhood: 142 - Manhattan Bch Sand
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.