Closed | Highly Demanded Ocean View Duplex

Closed | Highly Demanded Ocean View Duplex

Team BrettWood & Team Lyon of Lyon Stahl are pleased to have closed 126 El Porto St,  a highly demanded ocean view duplex that is well-positioned to the beach, shopping, and restaurants in North Manhattan Beach.

This property sold for $2,275,000.

Built in 1991, the property is well-maintained and features a 30’ x 47.5’ oversized lot, (2) two-bedroom & two-bathroom units, and a 4-car garage.

The top unit is meticulously updated and can be delivered fully furnished for additional $.

It previously rented for $6,500/mo. as corporate housing. Each unit has its own water heater, furnace, laundry facilities, and is separately metered for gas and electricity.

 This turn-key investment is a great owner-user option or can easily produce a 4% return to an investor with minimal maintenance.

The owner has already paid the city fees for the ongoing undergrounding of the overhead wires.

More on this Property:

View Listing

For More Information, Contact:

Team Brettwood: [email protected]

Julie Lyon: [email protected]

Stephanie Lyon: [email protected]