123 40th St, Manhattan Beach, CA 90266

  • $2,137,500

Description

Lyon | Stahl Investment Real Estate is proud to present 123 40th St, a highly sought-after duplex located less than a block from the beach — at the bottom of 40th St. This well-maintained 1,464 SF building was built in 1987 and is situated on a 1,348 sq. ft. lot. The property has a unit mix of two (2) 2-bed/ 2-bath units. The property is currently operating at a 3.18% CAP Rate with plenty of rental upside. Just 4 lots from the Strand, this property is conveniently located along Manhattan Beach and features a 4-car garage, 2 parking spaces, and each unit has its own private balcony overlooking the beach. This property is a great opportunity for an investor to acquire prime real estate in Manhattan Beach.

Address

  • City Manhattan Beach
  • State/county CA
  • Country United States

Details

Updated on October 11, 2018 at 8:28 pm
  • Price: $2,137,500
  • Property Size: 1,348 Sq ft
  • Land Area: 1,464 Sq ft
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Size: 4
  • Year Built: 1987
  • Property Type: Duplex
  • Property Status: Sold

Overview

  • Duplex
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1,348
  • Sq ft
  • 1987
  • Year Built

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