227 44th Street Manhattan Beach, 90266

Bedrooms:
6
Bathrooms:
3
Square Feet:
2,424 sqft
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Virtual Tour of 227 44th Street , Manhattan Beach 90266

Property Description

Ocean view income property at Manhattan Beach's notorious surf and sand beach, El Porto. Fantastic income opportunity!!! Triplex with 2 bonus units on an oversized lot! Unit mix includes two updated 2-bedrooms, one 1-bedroom and two bonus studios. 5 parking spots with 2 covered. Top ocean view unit nicely updated and perfect for owner/user to live and rent the rest! Or collect rents and get one of the highest cap rates seen in the Sand Section for income and potential appreciation! Power lines in this area are coming down as work is nearing the final phase! This is a huge bonus to potential value added as well as aesthetically pleasing! Don't miss this unique opportunity to own prime beach real estate in one of the fastest growing locations!

General Information

Listing Attribution:
Re/Max Estate Properties
Listing Agent:
Bob Sievers
CalBRE#:
01957193
Price:
$2,500,000
Status:
Closed
Listing Updated:
6/20/2023
List Date:
5/25/2023
Close Date
2023-06-20
Square Feet:
2,424
Bedrooms:
6
Bathrooms:
3
Garage Spaces:
2.00
Year Built:
1958
City:
Manhattan Beach
Zip:
90266
County:
Los Angeles
MLS ID:
SB23092091
Buyer Agency Compensation:
2.500%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Bedroom on Main Level
Exterior Features:
Appliances:
Flooring:
Laundry:
Common Area
Architectural Style:
Levels:
Three Or More
Fireplace Features:
None
Cooling:
None
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
142 - Manhattan Bch Sand

Lot Information

Lot Size (sq feet):
2,381

Location Information

Directions:
corner of 44th and Highland

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

227 44th Street Manhattan Beach CA 90266

Property Type:
Triplex
Bedrooms:
6
Bathrooms:
3
Interior SqFt:
2424
Interior Stories:
3
Year Built:
1958
There are no comparable closed properties available at this time.

2 Active Properties

Address
Distance/Miles
Active Price
Details
1.66 Miles
$6,200,000
1 Miles
$3,400,000