$2,150,000
Sold Price119 40th Street, Manhattan Beach, CA 90266
About this home
119 40th Street presents a rare opportunity in the Sand Section, less than a block from the beach. This duplex offers (2) 2-Bed/1-Bath units, each showcasing stunning ocean views from living rooms and balconies. The property also features a spacious (4) car garage w/ storage compartments + (2) driveway spots, plus the convenience of on-site laundry. Currently at 1.96% CAP with a 4.42% Market CAP, this property promises potential appreciation and rental upside with interior remodel. Short Term Rental Permits are also available for this property. According to Air DNA, the #1 platform for STR Data, The short- term yearly rental income is $196.5K. With its location, configuration, and upside - 119 40th St is an ideal asset for any Beach Cities investor or owner-user.
infoProperty Facts
Bedrooms
4
Bathrooms
2
Square Feet
1,552
Lot Size
1,353 sqft
Year Built
1988
Property Type
Duplex
Days on Market
15
HOA Fee
N/A
Garage Total
4
MLS #
PW24094744
chairInterior Details
Kitchen & Appliances
Laundry
Common Area
Bed & Bath
Main Level Master
Yes
Climate Control
Cooling
Central Air
deckExterior & Lot
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
This Home is Sold
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