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Mixed use Opportunity in Manhattan Beach!
Discover a rare chance to own a mixed-use property in the heart of Manhattan Beach.
This solid brick two-family home with a vacant storefront sits on a 20 x 122 ft. lot along the highly sought-after West End Avenue.
Zoned R6 with 3, 629 sq. ft. of unused FAR, this property offers incredible potential to expand up to 6, 000 sq. ft. of usable space-perfect for investors, end-users, or developers looking to customize and maximize value.
The home currently features two spacious and charming one-bedroom apartments with hardwood floors, abundant natural light, and a private balcony on the second floor-positioned above a vacant commercial space ideal for your choice of business or as a rental opportunity.
Additional highlights include:
Private parking in the rear via community driveway
Private rear garden for outdoor enjoyment
Very close to the beach and boardwalk, offering a fantastic lifestyle and rental appeal
Close to Emmons Avenue's vibrant dining scene, including Randazzo's, Opera, Baku, and more. Convenient access to B and Q trains (approx. 0. 36 miles away)
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $583 | $583 | $583 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,180 | $6,620 | $9,219 |
| Total Monthly Payment | $6,888 | $7,328 | $9,927 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.