ActiveResidential · sale

28 Westport

Manhattan Beach, CA 90266

$4,500,000

  • 4 beds
  • 3 baths
  • 2,778 sq ft
  • 0.12 acres
  • Built 1983

Listed by DealTrade Inc. · MLS #25485413

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28 Westport, Manhattan Beach, CA 90266 · MLS #25485413

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The exquisite entry leads directly to the family room, living room & adjacent dining room with vaulted ceiling, fireplace and French inspired sliding doors that opens to the backyard w/entertaining patio, outdoor speakers & custom-built fireplace!

Year built

Built in 1983.

Property size

0.12 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This Property is Tenant occupied through at least January 2027; an outstanding A+ quality leased investment... Welcome to 28 Westport in the exclusive guard gated community of Manhattan Village Estates in Manhattan Beach known for its expansive greenbelts and Magnolia-tree lined streets, This Mediterranean Spanish style home features cul-de-sac location. The exquisite entry leads directly to the family room, living room & adjacent dining room with vaulted ceiling, fireplace and French inspired sliding doors that opens to the backyard w/entertaining patio, outdoor speakers & custom-built fireplace! The gourmet kitchen includes, high end appliances, two full size dishwashers & center island surrounded by custom cabinetry & counter tops laid with Calcutta Gold Marble & handmade custom subway tile back splash. The family room w/fireplace & vaulted ceiling is another perfect room. Additionally: Approximately 2850 sq.ft. 4 bedrooms, 2.5 baths, 4 fireplaces, two car attached garage, on a large lot A semi-circular staircase leads you upstairs where there is an open landing connecting Jack and Jill bedrooms straddling full bath plus a very large adjoining bedroom The downstairs master suite and bath includes fireplace, dual closets, separate tub and shower with large sliders that open to a private patio and back yard Off of the foyer there is a powder room leading to a patio and laundry room. Large dining area off of the kitchen has light and airy views of the backyard through expensive windows High ceilings and expansive windows give this a feel much larger than its rated Square footage. Out in the neighborhood grounds you'll enjoy a large community pool, spa showers, picnic areas and outdoor dining amenities. Manhattan Village has miles of scenic wooded and landscaped walkways . With direct access gates to Westdrift golf course, playground and turf sports field, as well as to the Manhattan Village shopping center. Just about a mile from the beach and the exceptional proximity to everything you could ever need or want including Manhattan Village Mall, banks, grocery store, restaurants & shops, award-winning schools, freeways & LAX. If it sounds like a good fit for your clients looking for a high quality income property investment, let's talk.

THE NEIGHBORHOOD

Explore the location.

28 Westport, Manhattan Beach, CA 90266

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1983
Full baths
2
Half baths
1
Cooling
CentralAir,Electric
Heating
Central,Fireplaces,NaturalGas
Appliances
DoubleOven,Dishwasher,GasCooktop,Disposal,Microwave,Oven,Refrigerator,RangeHood,VentedExhaustFan,Dryer,Washer
Flooring
Carpet,Stone
Accessibility
SafeEmergencyEgressFromHome
Pool
No
Pool features
None,Association
Spa
No
Zoning
MNRPD
Parcel
4138022034
HOA amenities
Clubhouse,ControlledAccess,PicnicArea,Pool,SpaHotTub,Security
HOA fee frequency
Monthly
HOA fee
$400.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$18,750.00
Cap rate

Annual operating income:

HOA: Includes $400.00 per month in HOA dues, converted from the $400.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #25485413 · California Regional MLS

Listing brokerage: DealTrade Inc.
Listing agent: Carlos A.G. Gonzalez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.