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- LoopNet Team
3316 Vista Dr
Manhattan Beach, CA 90266
Land For Sale
·
0.06 AC

INVESTMENT HIGHLIGHTS
- Land Value: Full 2,700 SF Lot located at one of the highest points of the coveted Manhattan Beach Sand Section
- Rare Opportunity: Family Owned Property that hasn't materially changed hands in over 45 Years
- Unobstructed Views: Adjacent to Vista Dr, 34th St, and 33rd Pl w/ only Adjacent Neighbor along its rear (east) border. Panoramic views from Top Level
- Excellent Schools: Mira Costa High School, Manhattan Beach Middle School, Grand View Elementary School
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.06 AC |
| Property Subtype | Residential | No. Stories | 2 |
| Proposed Use |
Single Family Development
|
||
| Zoning | MNRS | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use |
Single Family Development
|
| Total Lot Size | 0.06 AC |
| No. Stories | 2 |
| Zoning | MNRS |
DESCRIPTION
Lyon Stahl Investment Real Estate is pleased to present 3316 Vista Dr, Manhattan Beach. This property is located right in the heart of the highly sought-after Manhattan Beach Sand Section and sits on a full sized 2,700 square foot lot that is strategically positioned at one of the highest points of the coveted submarket. Further, this west-facing lot is particularly unique in that its only adjacent neighbor is located on its east border, meaning there is street or alley access along its north, south, and – most importantly – west boundaries and, thus, there is little-to-no obstruction of the panoramic ocean views that charm the home’s top level. All said, this property is a developer’s dream and represents a rare opportunity to build on one of the least obstructed lots in the entire Sand Section. The existing building operates as an income-producing 2,156 square foot duplex with (1) 3 Bed/2 Bath upper unit and (1) 1 bed/1 Bath lower unit below. These units are currently collecting $4,100 and $2,600, respectively, and the top unit (owner’s unit) will be delivered vacant at the close of escrow! To that end, those buyers that are intending to build their dream home in the future are offered the rare opportunity to secure a highly coveted parcel of Sand Section land while adequately offsetting their mortgage payment until the time is right. In addition, the owner’s unit is amply upgraded throughout and features (2) large balconies with beautiful ocean views, one located at the entrance and the other privately placed outside the master bedroom. The kitchen is beautifully redone with granite countertops, brand new cabinetry that offers ample storage, and artistic tile flooring. Moreover, the top unit is afforded an oversized, 2-Car Garage with additional skirt parking and the bottom unit has its own carport space, which is especially important in this parking impacted location. Don’t miss this opportunity to build, own, and/or enjoy steady income on a full 30’ x 90’ ocean view lot at one of the most consistent surf spots in all of Southern California. It won’t last long!
Listing ID: 22570894
Date on Market: 3/26/2021
Last Updated:
Address: 3316 Vista Dr, Manhattan Beach, CA 90266
The Land Property at 3316 Vista Dr, Manhattan Beach, CA 90266 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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