229 42nd Street, Manhattan Beach, CA 90266
Property · 2 recorded sales since 2018
Sold June 2018
Listing Agent: Lilly Chiu Pelletier (DRE #01885030) · Listing Office: THE REAL ESTATE GROUP · Contact: 310-540-0072 · Bought with: Dee Chang · The Realestate Group · MLS #IN18038520 · Source: CRMLS
About this property
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
Listing description from the June 2018 sale, as reported to CRMLS.
Sale history
