613 18th Street
About This Property
Offering modern elegance, open living spaces, and a private backyard oasis.. Discover the perfect blend of luxury and coastal charm in this beautifully designed home located in Manhattan Beach's coveted Tree Section. This 4-bedroom, 4-bath residence offers spacious, sunlit interiors with an open floor plan that's ideal for both daily living and entertaining. The heart of the home is a gourmet kitchen equipped with premium appliances, a large center island, and ample storage, flowing seamlessly into the bright and inviting living and dining areas with vaulted ceilings.
The primary suite upstairs is a tranquil retreat, featuring a spa-like bathroom with dual vanities, and a separate walk-in shower. Three additional bedrooms offer plenty of space for family or guests. The private backyard is an entertainer's dream with a patio and beautifully landscaped surroundings, perfect for relaxing or hosting outdoor gatherings by the brick fireplace.
Situated within close proximity to award-winning schools, local parks, upscale dining, and the beach, this home offers the ultimate Manhattan Beach lifestyle. Don't miss out on this opportunity to enjoy upscale living in one of Southern California's most desirable communities!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by eXp Realty of California Inc | $5,249,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017