1632 Nelson Avenue
About This Property
Located in the desirable Mira Costa area, this residence offers 4 bedrooms, 2.5 bathrooms, and 2,080 square feet of living space, all situated on an expansive 7,503 square foot lot (50' x 150'). Just over a mile from the sand and surf, this property invites you to enjoy the best of beach living.
Inside, you'll find a formal living area and a spacious family room that seamlessly connects to a secluded backyard-perfect for the gardening enthusiast or those dreaming of creating a private tropical oasis. This home offers abundant storage space, including a finished attic and additional storage above the garage for all your seasonal items and extra belongings. This prime Manhattan Beach location places you moments from top-rated schools, trendy shops, renowned restaurants, scenic parks, and, of course, the beach. Whether you're looking to move right in, remodel, or build your dream home, 1632 Nelson Avenue is brimming with character and endless potential. Don't miss this rare opportunity to create your ideal coastal lifestyle!
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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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $2,395,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017