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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,200,000

Est. payment - /mo

1,354 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW26024290

HOA Y/N No

Year Built 1972

Lot Size 1,354 Sqft

Property Sub-Type Duplex

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 Beach's Sand Section. Situated on a 30'x45' 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 unit—both 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 3.25% CAP rate and a 19.83 GRM in one of the premier coastal submarkets in Los Angeles.

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4137006056

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621

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217 43rd Manhattan Beach, CA 90266