SINGLE LEVEL LUXURY! Welcome to 5530 Strand #201 – an exceptional
condo offering a contemporary and convenient lifestyle located in
the highly desired "Flats" within the ThreeSixty at South Bay
Community. Spanning approximately 957 square feet, this
thoughtfully designed home boasts modern comforts and stylish
finishes throughout. The spacious condo provides an abundance of
living space, an intelligent use of space and plenty of storage.
Some of the best features include a large walk-in closet, private
balcony and large bath. The bedroom area has some custom partitions
to separate the space from the living area. Additional features
include in-unit washer and dryer, air conditioning, a private one
car garage for your convenience. The building has secured access
and there is an elevator to service all floors. Being a resident at
360 offers unmatched lifestyle - take advantage of the the
incredible amenities including two heated pools, spa, gym, sports
court, green space and on-site barbecue area for outdoor
gatherings. You can also relax in any of the three community rooms
or rent out for private gatherings with your friends! Don't miss
this opportunity to enjoy the best of SoCal living in ThreeSixty at
South Bay. Enjoy being minutes to Manhattan Beach, El Segundo, The
Point, erehwon, Whole Foods, 405/105 and major employers! HOA fee
includes water, trash, elevator service, insurance, all amenities,
community management and security. With convenient features and
luxurious amenities, this stunning home is ready for you to move in
and start creating memories! Schedule your private showing today!
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.
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Sport Court, Dog Park, Fitness Center, Maintenance Grounds, Game Room, Insurance, Management, Barbecue, Playground, Pool, BocceCourt, CallForRules, ControlledAccess, FirePit, MeetingBanquetPartyRoom, OutdoorCookingArea, PaddleTennis, Pickleball, PetRestrictions
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