Great price reduction on an exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district.
Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
8,550 Sq Ft
0.3308 Private Acres Exterior Space
Apartment
Built in 1954
MLS/Listing ID PV25095628
2 Stories
10 Units
Carpet
Tile
Common Area
Lot - Near Public Transit
Neighborhood View
Ocean View
Style - Traditional
Association - Call for Rules
Community - Sidewalks
Construction - Stucco
Brick
Listing Courtesy of ESTATE PROPERTIES, LYNN LORD - 310-703-1859
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE