PRICED TO SELL! Rare half-lot duplex in great condition; outstanding value for west of Highland. Move-in ready!
Buyer only needs to qualify for loan on $1.6 million property since rental income from the other unit will carry the rest of the mortgage. This is a very rare 2-unit owner / investor property in the sand section west of Highland, a custom-built duplex and a perfect starter home for Manhattan Beach. With an elevator for the top unit and rental income from the 2nd unit, it would also make a great retirement home or 2ndhome by the beach. Live in one unit and rent out the other; or rent out both units.
The top unit (229 42nd Street) is currently renting at $3,995 (lease expires May 2018). The downstairs unit (231 42nd Street) is renting at $3,675 (lease expires March 2019).
-Amazing panoramic ocean views from PV to Malibu.
-Fireplace and ocean view deck in both units.
-Built in 1992 with many custom features; elevator from garage to top unit
-4 car garage (tandem 2+2), plus 3 car driveway parking; 7 parking spots total!
-Bright and sunny with lots of windows
-Wood floors and marble countertop kitchens, with upgraded appliances
-Walk to beach and restaurants
-Both units are approximately 950 square foot for a total living space of 1900. Tax record differs from previous MLS listing, buyer to verify square footage.
Cross reference MLS# IN18037909
Buyer to cooperate with 1031 exchange
- Heating System:
- High Efficiency
- View:
- Pier, Canyon, Bridge(s)
- Fireplace:
- Outside
- Parking:
- 4.00
- New Construction YN:
- 0
- Laundry:
- See Remarks
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- NCHIULIL
- Water Source:
- Public
- Lot Features:
- Landscaped
- Community Features:
- Street Lights
- Stories:
- 2
- Accessibility Features:
- 2+ Access Exits
- Flooring:
- Wood, Carpet
- Association:
- 0
- Property Condition:
- Turnkey
- Spa:
- 0
- Interior Features:
- Elevator
- Street:
- 42nd
- Street Number:
- 229
- Street Suffix:
- Street
- Zip4:
- 3003
- Floor Number:
- 0
- Longitude:
- W119° 34' 49.4''
- Latitude:
- N33° 54' 14.9''
- Listing Courtesy of:
- THE REAL ESTATE GROUP
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 4
- Zoning:
- MNRH
- Lot Size Square Feet:
- 1,347 Sqft
- List Agent Last Name:
- Chiu Pelletier
- List Agent License Number:
- 01885030
- Special Listing Conditions:
- Standard
- List Office ID:
- N1279
- List Agent First Name:
- Lilly
- Directions:
- West of Highland
- MLSAreaMajor:
- 142 - Manhattan Bch Sand
- Levels:
- Two
- Parcel Number:
- 4137007058
- List Agent License Number:
- 01297191
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
229 42nd Street, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- IN18038520
- List Price :
- $2,190,000
- Year Built :
- 1992
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $2,176,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $1,145
- Days on Market :
- 41
