229 42nd Street

Manhattan Beach, CA 90266

$2,176,000

Closed

  • 4Beds
  • 4Baths
  • 1,900Sq. Ft.
  • 1,347Lot Size (Sq.Ft.)

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# IN18038520 Buyer to cooperate with 1031 exchange

Key Details

  • Type: Residential, Single Family
  • Year Built: 1992
  • Days on Market: 41
  • Combined DOM* : 41
  • Close Date: June 27th, 2018
  • Status: Closed
  • Closed Price: $2,176,000
  • PPSF: $1,145
  • Orig. list price: $2,190,000
  • Date Listed: March 5th, 2018
  • MLS® #: IN18037909
  • APN: 4137007058
  • Special:

Additional Info

  • Style: Contemporary
  • Stories: 2
  • Stories: Two
  • Parking Spaces: 7
  • Garage Spaces: 4

Community Information

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

School Information

  • District: Manhattan Unified

Exterior

  • Lot Description: Landscaped
  • Lot Size (sq. ft.): 1,347
  • Lot Size (acres): 0.03
  • Pool: None

Amenities

  • View: Coastline View, Ocean View, White Water View

Interior

  • Interior Features: Elevator, Turnkey
  • Square Footage: 1,900
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Baths: 4
  • Appliances: Dishwasher, Garbage Disposal
  • Heating: Forced Air
  • 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 229 42nd Street, Manhattan Beach, CA (MLS® #IN18037909)

Date Details Price Change
Closed $2,176,000
Pending
Active Under Contract
Active
Active Under Contract (from Active)
Show More (1)

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Based on information from California Regional Multiple Listing Service, Inc. as of December 12th, 2018 at 5:33pm 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.