217 43rd Street new

Manhattan Beach,CA 90266

$ 2400000

3 Beds

3 Baths

1368 SqFt


Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,368 sqft

Price per Sqft $1,754

MLS Listing ID PW25126397

Style Townhome

Bedrooms 3

Full Baths 3

Year Built 1972

Lot Size 1,355 Sqft

Property Sub-Type Townhome

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.

Location

State CA

County Los Angeles

Area Manhattan Beach (90266)

Zoning MNRH

Exterior

Garage Spaces 3.0

View Ocean

Building

Story 2

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $196

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

View More
Favorite Go Tour