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119 40th Street, Manhattan Beach, CA 90266
$2,275,000
119 40th Street, Manhattan Beach, CA 90266View this property at 119 40th Street, Manhattan Beach, CA 90266
119 40th StreetManhattan BeachCA90266
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Property Description
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.
Full Property Details
Full Property Details for 119 40th St
General
- Sold For: $2,275,000
- Status: Closed
- Type: Duplex
- MLS ID: PW24094744
- Added to Site: 25 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Los Angeles
- Driving Directions: 4 Parcels From the Strand
School Information
- School District: Manhattan Unified
Community
- Community Features: Biking
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,552
- Sq. Ft. Source: Assessor
- Year Built: 1988
- Year Built Source: Assessor
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.0311
- Lot Size Source: Assessor
- Zoning: MNRH
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,465.85
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
Listed and Sold by Lyon Stahl Investment Real Est, Woody Stahl and Lyon Stahl Investment Real Estate, Inc., John Stiegler II
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Schools
Schools serving 119 40th St
School District:Manhattan Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
455 24th St, Manhattan Bch, CA 90266 | K-5 | 0.7 mi | |
1501 N Redondo Ave, Manhattan Bch, CA 90266 | 6-8 | 2.3 mi | |
1401 Artesia Blvd, Manhattan Bch, CA 90266 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 119 40th St
Date
Details
Price
Change
Source
5/30/2024
Sold
$2,275,000
5.81%
MLS
5/10/2024
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
119 40th Street, Manhattan Beach, CA 90266 (MLS# PW24094744) is a Duplex property that was sold at $2,275,000 on May 30, 2024. Want to learn more about 119 40th Street? Do you have questions about finding other Duplex real estate for sale in Manhattan Beach? You can browse all Manhattan Beach real estate or contact a Coldwell Banker agent to request more information.