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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$2,325,000
Est. payment /mo
1,368 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $1,699
MLS Listing ID CRPW25126350
HOA Y/N No
Year Built 1972
Lot Size 1,355 Sqft
Property Sub-Type Duplex
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 fully vacant, 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. With both units delivered vacant, 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 3.16% CAP rate and a 20.96 GRM in one of the premier coastal submarkets in Los Angeles.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613