126 El Porto Street, Manhattan Beach, CA 90266
Duplex · 2 recorded sales since 2021
Sold February 2021
Listing Agent: J.Woody Stahl (DRE #01399621) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Julie Lyon · Lyon Stahl Investment Real Estate, Inc. · MLS #SB21009548 · Source: CRMLS
About this duplex
This highly demanded ocean view duplex is well-positioned to the beach, shopping, and restaurants in North Manhattan Beach. 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.
Listing description from the February 2021 sale, as reported to CRMLS.
Sale history
