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$2,150,000
14 Days Online

119 40th Street
Manhattan Beach, CA 90266

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Woody Stahl of Lyon Stahl Investment Real Est [email protected]

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310-363-9871
119 40th Street119 40th Street119 40th Street119 40th Street
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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.

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Listing Snapshot
Price 
$2,150,000
Days Online 
14 Days
Bedrooms 
4
Inside Area (SqFt) 
1,552 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.0311 Acres
Year Built 
1988
MLS® Number 
PW24094744
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Parking Spaces 
4
Sewer 
Public Sewer
Number of Stories 
12
Acreage 
0.0311
Water 
Public
Property Sub Type 
Duplex
Garage Spaces 
4
Attached Garage 
Yes
Zoning 
MNRH
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Fireplace Features 
None
Laundry Features 
Common Area
Fireplace 
No
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Exterior Features
View 
Ocean
Pool Features 
None
Lot 
Item25 Units Acre
Community Features
Association Dues 
0
Community Features 
Biking
Senior Community 
No
MLS Area 
142 - Manhattan Bch Sand
Schools
School District
Manhattan Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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