200 39th st, Manhattan Beach, CA 90266
Active
$2,760,000
3 Units
3 Beds
4 Baths
1,416 Area(sq.ft.)
Lot: 1,349 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 5,000 | $ 5,000 | $ 5,300 |
| Unit 2 | 1 | 1 | 1 | No | $ 3,700 | $ 3,700 | $ 3,800 |
| Unit 3 | 1 | studio | 1 | Yes | $ 2,700 | $ 2,700 | $ 2,800 |
| 3 | 3 | 4 | $ 11,400 | $ 11,400 | $ 11,900 |
| MLS #: | SB25130089MR |
| Days On Market: | 177 |
| Listing Date: | June 12, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,949 |
| Price per unit: | $ 920,000 |
| Year Built: | 1972 |
Property Details
Just one block from the sand in the highly desirable El Porto neighborhood of Manhattan Beach, 200 39th Street offers a rare chance to own a beautifully updated coastal income property in a prime location. This legal duplex with three separate rental units provides multiple streams of income and strong long-term potential in one of Southern California s most in-demand beach communities. The property includes: a spacious upper-level 2-bed/2-bath unit with ocean views, a bright and modern 1-bed/1-bath apartment, and a furnished studio each thoughtfully renovated with contemporary finishes and charm. All units are currently tenant-occupied with strong rental history and consistent rent growth. Significant property upgrades include a brand-new roof, two dedicated 220v outlets for EV charging, newer shared washer and dryer, newer water heaters, epoxy garage flooring, built-in surfboard racks, and recent termite tenting. The building includes three garage parking spaces with additional overflow parking behind, a major bonus in a beachside neighborhood where parking is premium. El Porto is currently in the final stages of undergrounding its utility poles, which will enhance the streetscape and add long-term value to the neighborhood. The location offers unbeatable walkability to the beach, local surf spots, and North Manhattan s restaurants and cafes with convenient access to LAX, the Westside, and Downtown LA. Whether you're looking to add a stable, low-maintenance asset to your portfolio or acquire a 1031 exchange property near the coast, 200 39th Street is a standout investment with immediate income and future appreciation potential.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 26,626 |
| Net Operating Income: | $ 110,174 |
Structure
| Community Features: | Curbs, Street Lights |
| Sewer: | Public Sewer |
| View Description: | Ocean, White Water |
| Water: | Public |
Land & Parking
| Zoning: | MNRH |
| Land Lease Type: | Fee |
| Parking Garage: | Garage |
Interior
| Fireplace Rooms: | Living Room |
| Laundry: | Community, Garage |
Exterior
| Pool: | No |
Detailed Map
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Income
