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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$2,400,000
Est. payment /mo
3 Beds
3 Baths
1,368 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $1,754
MLS Listing ID CRPW25126397
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1972
Lot Size 1,355 Sqft
Property Sub-Type Duet
Source Datashare California Regional
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.
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Garage Spaces 3.0
Pool None
View Ocean
Private Pool false
Building
Story 2
Schools
School District Manhattan Unified
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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