119 40TH ST
MANHATTAN BEACH, CA 90266
$2,150,000
N/A Beds
0 Baths
1,552 Sq Ft
Status Pending
MLS# PW24094707
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.
Details for 119 40TH ST
Built in 1988
$1,385 / Sq Ft
6 parking spaces
12 Days on website
0.0311 acres lot
Area Information for 119 40TH ST
