21
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$2,400,000
Est. payment /mo
1,354 Sqft Lot
New
217 43rd ST Manhattan Beach, CA 90266
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25126350
HOA Y/N No
Year Built 1972
Lot Size 1,354 Sqft
Lot Dimensions Assessor
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 3.02% CAP rate and a 21.63 GRM in one of the premier coastal submarkets 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 3.02% CAP rate and a 21.63 GRM in one of the premier coastal submarkets in Los Angeles.
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNRH
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/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
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com
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