11
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$2,760,000
Est. payment /mo
3 Beds
4 Baths
1,349 Sqft Lot
New
200 39th Street Manhattan Beach, CA 90266
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25130089
Bedrooms 3
HOA Y/N No
Lot Size 1,349 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Just one block from the sand in the highly desirable El Porto neighborhood of Manhattan Beach, 200 39th Street offers a rare chance to own a beautifully updated coastal income property in a prime location. This legal duplex with three separate rental units provides multiple streams of income and strong long-term potential in one of Southern Californias most in-demand beach communities. The property includes: a spacious upper-level 2-bed/2-bath unit with ocean views, a bright and modern 1-bed/1-bath apartment, and a furnished studioeach thoughtfully renovated with contemporary finishes and charm. All units are currently tenant-occupied with strong rental history and consistent rent growth. Significant property upgrades include a brand-new roof, two dedicated 220v outlets for EV charging, newer shared washer and dryer, newer water heaters, epoxy garage flooring, built-in surfboard racks, and recent termite tenting. The building includes three garage parking spaces with additional overflow parking behind, a major bonus in a beachside neighborhood where parking is premium. El Porto is currently in the final stages of undergrounding its utility poles, which will enhance the streetscape and add long-term value to the neighborhood. The location offers unbeatable walkability to the beach, local surf spots, and North Manhattans restaurants and cafeswith convenient access to LAX, the Westside, and Downtown LA. Whether you're looking to add a stable, low-maintenance asset to your portfolio or acquire a 1031 exchange property near the coast, 200 39th Street is a standout investment wit
Just one block from the sand in the highly desirable El Porto neighborhood of Manhattan Beach, 200 39th Street offers a rare chance to own a beautifully updated coastal income property in a prime location. This legal duplex with three separate rental units provides multiple streams of income and strong long-term potential in one of Southern Californias most in-demand beach communities. The property includes: a spacious upper-level 2-bed/2-bath unit with ocean views, a bright and modern 1-bed/1-bath apartment, and a furnished studioeach thoughtfully renovated with contemporary finishes and charm. All units are currently tenant-occupied with strong rental history and consistent rent growth. Significant property upgrades include a brand-new roof, two dedicated 220v outlets for EV charging, newer shared washer and dryer, newer water heaters, epoxy garage flooring, built-in surfboard racks, and recent termite tenting. The building includes three garage parking spaces with additional overflow parking behind, a major bonus in a beachside neighborhood where parking is premium. El Porto is currently in the final stages of undergrounding its utility poles, which will enhance the streetscape and add long-term value to the neighborhood. The location offers unbeatable walkability to the beach, local surf spots, and North Manhattans restaurants and cafeswith convenient access to LAX, the Westside, and Downtown LA. Whether you're looking to add a stable, low-maintenance asset to your portfolio or acquire a 1031 exchange property near the coast, 200 39th Street is a standout investment with immediate income and future appreciation potential.
Just one block from the sand in the highly desirable El Porto neighborhood of Manhattan Beach, 200 39th Street offers a rare chance to own a beautifully updated coastal income property in a prime location. This legal duplex with three separate rental units provides multiple streams of income and strong long-term potential in one of Southern Californias most in-demand beach communities. The property includes: a spacious upper-level 2-bed/2-bath unit with ocean views, a bright and modern 1-bed/1-bath apartment, and a furnished studioeach thoughtfully renovated with contemporary finishes and charm. All units are currently tenant-occupied with strong rental history and consistent rent growth. Significant property upgrades include a brand-new roof, two dedicated 220v outlets for EV charging, newer shared washer and dryer, newer water heaters, epoxy garage flooring, built-in surfboard racks, and recent termite tenting. The building includes three garage parking spaces with additional overflow parking behind, a major bonus in a beachside neighborhood where parking is premium. El Porto is currently in the final stages of undergrounding its utility poles, which will enhance the streetscape and add long-term value to the neighborhood. The location offers unbeatable walkability to the beach, local surf spots, and North Manhattans restaurants and cafeswith convenient access to LAX, the Westside, and Downtown LA. Whether you're looking to add a stable, low-maintenance asset to your portfolio or acquire a 1031 exchange property near the coast, 200 39th Street is a standout investment with immediate income and future appreciation potential.
Location
State CA
County Los Angeles
Area Manhattan Beach (90266)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $5,000
Listing Terms Cash, Conventional
Listed by Darrin O'Hanlon • Pacifica Properties Group, Inc.
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