119 40th Street
Manhattan Beach, CA 90266

  • – beds
  • – baths
  • – sqft
  • 1,353 sqft lot
  • 1988 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Woody Stahl / Lyon Stahl Investment Real Est

Last checked: Checking… • Last updated May 15, 2024 •

MLS# PW24094707 —

This property is listed in more than one place. See it here, and here, and here.

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Sale history

Date Event Source Price % Change
5/10/24
Listed / Active CRMLS_CA $2,150,000

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Multifamily For Sale

$2,150,000

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Listing provided by broker:

Woody Stahl

Lyon Stahl Investment Real Est

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This multifamily located in Sand Section, Manhattan Beach, CA 90266 is currently for sale for $2,150,000. 119 40th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 10 days. 119 40th Street is in the Sand Section neighborhood of Manhattan Beach and has a WalkScore® of 69, making it somewhat walkable. This multifamily is in the attendance area of Grand View Elementary School, Manhattan Beach Middle School, and Mira Costa High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Est. Based on information from California Regional Multiple Listing Service, Inc. as of 13:56 on May 20.

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