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227 44th Street

Manhattan Beach, 90266

6 Bd
3 Ba
2,424 Sqft
2,381 Lot
$2,500,000 SOLD Price | Closed 6/20/23
Closed Status
9 Days on Market
May 25 First Day Active
$2,575,000 Start Price

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!

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Property Details for 227 44th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Bob Sievers
Listing Brokered By
Re/Max Estate Properties
Type
Residential, Triplex
Year Built
1958 (Assessor)
MLS Area
142 - Manhattan Bch Sand

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
9 DOM
Combined DOM*
9
First Date Active
May 25th, 2023
Closing Date
June 20th, 2023
Sold Price
$2,500,000
Sold PPSF
$1,031
Orig. List Price
$2,575,000
MLS® #
SB23092091
APN
4137005055
Special
Probate Listing

Home Interior Information

Levels/Stories
Three Or More
Bedrooms
6
Total Baths
3
Full Baths
3
Int. Sqft.
2,424
Cooling
None
Int. Features
Bedroom on Main Level
Fireplaces
None

Room Information

Laundry
CommonArea

Exterior Information

Lot Description
0-1 Unit/Acre
Lot Size (sq. ft.)
2,381
Lot Size (acres)
0.05
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Ocean

Utilities Information

Water Source
Public

Additional Information

Zoning
MNRH
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
142 - Manhattan Bch Sand
City/State
Manhattan Beach
Zip Code
90266
County
Los Angeles
# of Units
5
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School Information

District
Manhattan Unified
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Listing/Price History

227 44th Street, Manhattan Beach, (MLS® #SB23092091)

Date Details Price Change
Closed $2,500,000
Pending (from Active)
First Day Active $2,575,000
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Listing Summary

Quick Summary of 227 44th Street: This 6 Bedroom/3 Bathroom home in Manhattan Beach is priced at $2,575,000 ($1,062/PSF) . The 2,424 sqft. Triplex residence was originally built in 1958 and was listed on May 25th, 2023 at $2,575,000, showing 9 Days on Market currently. Contact Dave Fratello today for more information or to go see 227 44th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 3:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.