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Listed by Darrin O''Hanlon • Pacifica Properties Group, Inc.
$ 2,760,000
Est. payment /mo
New
200 39th Street Manhattan Beach, CA 90266
1,416 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,416 sqft
Price per Sqft $1,949
MLS Listing ID SB-25130089
Year Built 1972
Lot Size 1,349 Sqft
Property Sub-Type Duplex
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 California's 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 studio--each 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 Manhattan's restaurants and cafes--with 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 142 - Manhattan Beach Sand
Zoning MNRH
Interior
Fireplaces Type Living Room
Laundry Community, In Garage
Exterior
Parking Features Garage
Garage Spaces 3.0
Pool None
Community Features Curbs, Street Lights
View Y/N Yes
View Ocean, White Water
Building
Lot Description Park Nearby
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944