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Jack Palmer

Jack Palmer
Palm Realty Boutique
Manhattan Beach, CA
DRE# 01302496

310-422-1828
Contact Me

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Listing 6 out of 138
Sold for $1,600,000 Sold

1042 9th Street
Manhattan Beach, CA 90266

2 units | Multi Family Home
7248 sq ft - MLS# SB18110001
Property Photo

Sold

Sold for $1,600,000 on Jul 10, 2018

Description

Hill Section legal non-conforming duplex light fixer. Built on large 50x145 lot. Back house built in 1928 is a very private studio tucked away with a gated private yard surrounded by trees. Front house built in 1951, quaint 2 bedroom 1 bath with large front and back yards. Front home has some seller upgrades including copper plumbing, electrical and hardwood floors. Garage detached with long private driveway. Great entry level home. Live in the front and rent the back to help pay the mortgage! Also perfect for income investors looking to own a large lot near land value and collect solid rental income.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,475,000
  • Zip Code: 90266
  • Year Built: 1951
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 5.00
  • Fireplace: Den, Yes
  • Lot Size: 7248 sq ft
  • Area: 144 - Manhattan Bch Hill
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1386.00
  • Building Area Units: Square Feet
  • Community Features: Curbs
  • Country: US
  • Directions: Sepulveda west to 9th
  • Electric Expense: 1200.00
  • Fuel Expense: 1000.00
  • Garage Spaces: 2.00
  • Gross Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Heating: Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 2000.00
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01957193
  • Listing Office License: 01879720
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 41000.00
  • New Taxes Expense: 16000.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 21400.00
  • Parking Features: Driveway, Garage
  • Parking YN: Yes
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry
  • Selling Agent: Joyce Yang
  • Selling Agent License: 00915854
  • Selling Office: Re/Max Estate Properties
  • Total Expenses: 21400.00
  • Trash Expense: 600.00
  • Uncovered Spaces: 3.00
  • Water Sewer Expense: 600.00
  • Water Source: Public
  • Year Built Source: Seller
  • Sold Date: 2018-07-10 00:00:00
  • Sold Price: 1600000.00
Courtesy of Re/Max Estate Properties, Bob Sievers

Jack Palmer | 310-422-1828 | Contact Me
401 Manhattan Beach Blvd Suite B - Manhattan Beach, CA 90266
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