230 40th Street Manhattan Beach, CA ^$ 6,900,000

230 40th Street

^$ 6,900,000

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230 40th Street

Manhattan Beach, CA, 90266

^$ 6,900,000

Studio Baths0.0 Sq 3,221

Monthly Estimate*

^$ 45,860

230 40th Street, Manhattan Beach, CA 90266 - Image 1

Studio

Multi-Family Home for sale in Manhattan Beach, CA

for $6,900,000. This 3,221 square foot home was built in 1935 on a lot size of 0.08.

Rare mixed-use offering in Manhattan Beach's coveted El Porto. Extensively and beautifully remodeled, the property consists of four apartments, two retail spaces, and parking for 11 vehicles. Prime location just steps from the beach with incredible ocean views from Palos Verdes to Malibu. Apartment mix includes one penthouse, two 2+1 units, and one studio. The ground level is occupied by one retail space (El Porto Laundry) and one office space. Adjacent property (3917 Highland Avenue) is included in the sale, bringing the total lot size to 3,576 square-feet.

Multi-Family Active

Price

^$ 6,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.08

Year Built

1935

Town/City

Manhattan Beach

County/Region

Los Angeles

MLS | Web ID

0022189697

Features

General

Heating Central

Cooling Central Air

Zoning MNCNE

Year Built 1935

County Los Angeles

Net Operating Income 0.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Manhattan Beach

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area 142 - Manhattan Beach Sand

Lot Size Square Feet 3576.0

Street Name 40th

Additional Parcels Y/N Yes

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Disposal Dishwasher Refrigerator

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 3576.0

Building Area Total 3221.0

Lot Size Acres 0.08

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Magnus Hellberg

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$45,860

Per Month

Monthly Principal & Interest: $45,860
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Manhattan Beach, CA

Average List Price ^$6,600,934

Percent of Sale Price 4%

About Manhattan Beach, CA

34,789 Population

2% Since 2002

^$151,500 Median Income

43.46 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2022	$6,900,000	-4.83%	Price Down
8/15/2022	$7,250,000		Listed Price

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230 40th Street, Manhattan Beach, CA, 90266 is a Multi-Family Home for sale at $6,900,000 with 3,221 sqft and a lot size of 0.08. 230 40th Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 90266 which is in Manhattan Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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230 40th Street

Multi-Family Home for sale in Manhattan Beach, CA

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