126 El Porto Street

Manhattan Beach, CA 90266

$2,275,000

Closed

  • 4Beds
  • 4Baths
  • 1,684Sq. Ft.
  • 1,434Lot Size (Sq.Ft.)

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.

Key Details

  • Type: Residential, Duplex
  • Year Built: 1991
  • Days on Market: 10
  • Combined DOM* : 10
  • Close Date: February 2nd, 2021
  • Status: Closed
  • Closed Price: $2,275,000
  • PPSF: $1,351
  • Orig. list price: $2,250,000
  • Date Listed: January 15th, 2021
  • MLS® #: SB21009548
  • APN: 4137010040
  • Special:

Additional Info

  • Stories: 2
  • Stories: Two
  • Parking Spaces: 4
  • Garage Spaces: 4

Co-Agent

  • Agent: Brett Lyon
  • Office: Lyon Stahl Investment Real Estate, Inc.

Community Information

  • Area: Sand Section
  • City/State: Manhattan Beach, CA
  • Zip Code: 90266
  • County: Los Angeles

School Information

  • District: Manhattan Unified

Exterior

  • Lot Description: Paved
  • Lot Size (sq. ft.): 1,434
  • Lot Size (acres): 0.03
  • Pool: None

Amenities

  • View: Ocean View

Interior

  • Interior Features: Turnkey
  • Square Footage: 1,684
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Baths: 4
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Range, Ice Maker
  • Heating: Forced Air, Fireplace
  • Cooling: None
  • Fireplace: Yes
  • Fireplaces: Living Room

* 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” it, or sellers may change agents when a property has failed to sell.

Price History for 126 El Porto Street, Manhattan Beach, CA (MLS® #SB21009548)

Date Details Price Change
Closed $2,275,000
Active Under Contract (from Active)
Property Listed $2,250,000
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Based on information from California Regional Multiple Listing Service, Inc. as of February 27th, 2021 at 1:31pm PST. 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.