1230 9th Street
About This Property
This spacious home boasts 4 large bedrooms and 3 bathrooms, offering an ideal blend of comfort and functionality. Upstairs, you'll find a bright and airy living room that opens onto a large deck overlooking the backyard-perfect for enjoying sunny California days. The upper level also features a cozy kitchen, dining area, family room with a fireplace, a full bathroom, and a spacious bedroom. Downstairs, the home continues to impress with three additional bedrooms, including the primary suite, two bathrooms, and a sizable laundry/storage area. Recent updates include new flooring throughout and refreshed exterior woodwork, enhancing the home's timeless appeal.
Step outside to a generous backyard oasis, complete with a patio and porch, ideal for relaxing, entertaining, or enjoying the coastal breeze. A two-car garage and covered carport provide ample parking and storage options.
Situated in the highly regarded Manhattan Beach Unified School District, this home is perfectly positioned within walking distance to top-rated schools, local parks, shops, and just 1.3 miles from the beach. With a walk score of 76, this pedestrian-friendly neighborhood makes everyday conveniences easily accessible.
Don't miss your chance to own a piece of Manhattan Beach's coastal charm. Come and make this charming home your own while living in one of Southern California's most sought-after communities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by eXp Realty of California, Inc | $2,349,000 | |
| Listed by eXp Realty of California, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017