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$ 2,400,000
Est. payment /mo
New
217 43rd Street Manhattan Beach, CA 90266
3 Beds
3 Baths
1,355 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25126350
Bedrooms 3
HOA Y/N No
Lot Size 1,355 Sqft
Lot Dimensions 1355
Property Sub-Type Res Income 2-4 Units
Property Description
217 43rd Street is a beautifully updated ocean view duplex located west of Highland in the heart of El Porto, one of the most vibrant and desirable neighborhoods in Manhattan Beachs Sand Section. Situated on a 30x45 half lot, this pride-of-ownership property offers the rare opportunity to own a turn-key asset in one of the most sought-after communities in Los Angeles. The 1,368 square foot building features a well-designed unit mix of (1) 2-bedroom, 2-bathroom unit and (1) 1-bedroom, 1-bathroom unitboth of which have been recently renovated with quartz countertops, new flooring, and premium finishes throughout. Each unit is paired with private garage parking: a 2-car garage for the larger unit and a 1-car garage for the smaller unit. Significant property upgrades have been completed, including newer windows, updated electrical panels, and recent roof repairs. Electrical undergrounding has also been completed, with cutover pending. 217 43rd Street is a rare opportunity for an owner-user to live steps from the sand, or for an investor to operate a high-quality duplex in an A+ location. The property offers a 3.02% CAP rate and a 21.63 GRM in one of the premier coastal submarkets in Los Angeles.
217 43rd Street is a beautifully updated ocean view duplex located west of Highland in the heart of El Porto, one of the most vibrant and desirable neighborhoods in Manhattan Beachs Sand Section. Situated on a 30x45 half lot, this pride-of-ownership property offers the rare opportunity to own a turn-key asset in one of the most sought-after communities in Los Angeles. The 1,368 square foot building features a well-designed unit mix of (1) 2-bedroom, 2-bathroom unit and (1) 1-bedroom, 1-bathroom unitboth of which have been recently renovated with quartz countertops, new flooring, and premium finishes throughout. Each unit is paired with private garage parking: a 2-car garage for the larger unit and a 1-car garage for the smaller unit. Significant property upgrades have been completed, including newer windows, updated electrical panels, and recent roof repairs. Electrical undergrounding has also been completed, with cutover pending. 217 43rd Street is a rare opportunity for an owner-user to live steps from the sand, or for an investor to operate a high-quality duplex in an A+ location. The property offers a 3.02% CAP rate and a 21.63 GRM in one of the premier coastal submarkets in Los Angeles.
217 43rd Street is a beautifully updated ocean view duplex located west of Highland in the heart of El Porto, one of the most vibrant and desirable neighborhoods in Manhattan Beachs Sand Section. Situated on a 30x45 half lot, this pride-of-ownership property offers the rare opportunity to own a turn-key asset in one of the most sought-after communities in Los Angeles. The 1,368 square foot building features a well-designed unit mix of (1) 2-bedroom, 2-bathroom unit and (1) 1-bedroom, 1-bathroom unitboth of which have been recently renovated with quartz countertops, new flooring, and premium finishes throughout. Each unit is paired with private garage parking: a 2-car garage for the larger unit and a 1-car garage for the smaller unit. Significant property upgrades have been completed, including newer windows, updated electrical panels, and recent roof repairs. Electrical undergrounding has also been completed, with cutover pending. 217 43rd Street is a rare opportunity for an owner-user to live steps from the sand, or for an investor to operate a high-quality duplex in an A+ location. The property offers a 3.02% CAP rate and a 21.63 GRM in one of the premier coastal submarkets in Los Angeles.
Location
State CA
County Los Angeles
Area Manhattan Beach (90266)
Zoning Assessor
Building
Story 2
Lot Size Range 1-3999 SF
Others
Monthly Total Fees $193
Acceptable Financing Conventional
Space Rent $6,250
Listing Terms Conventional
Listed by Woody Stahl • Lyon Stahl Investment Real Est