217 43rd St Manhattan Beach, CA 90266
Estimated payment $11,994/month
Highlights
- No HOA
- Laundry Room
- Bike Trail
- Grand View Elementary School Rated A
- 3 Car Garage
About This Home
217 43rd Street is a beautifully updated ocean view duplex located west of Highland in the heart of El Porto, one of the most vibrant and desirable neighborhoods in Manhattan Beach’s Sand Section. Situated on a 30’x45’ half lot, this pride-of-ownership property offers the rare opportunity to own a turn-key asset in one of the most sought-after communities in Los Angeles.
The 1,368 square foot building features a well-designed unit mix of (1) 2-bedroom, 2-bathroom unit and (1) 1-bedroom, 1-bathroom unit—both of which have been recently renovated with quartz countertops, new flooring, and premium finishes throughout. Each unit is paired with private garage parking: a 2-car garage for the larger unit and a 1-car garage for the smaller unit.
Significant property upgrades have been completed, including newer windows, updated electrical panels, and recent roof repairs. Electrical undergrounding has also been completed, with cutover pending.
217 43rd Street is a rare opportunity for an owner-user to live steps from the sand, or for an investor to operate a high-quality duplex in an A+ location. The property offers a 3.25% CAP rate and a 19.83 GRM in one of the premier coastal submarkets in Los Angeles.
Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: broker@lyonstahl.com License #01399621 Listed on: 06/09/2025
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: broker@lyonstahl.com License #02090171
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,470
Year Built
- Built in 1972
Lot Details
- 1,355 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,368 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Legal Lot and Block 29 / 6
- Tax Tract Number 620
- Assessor Parcel Number 4137006056
- $2,327 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,600
- Maintenance Expense $3,328
- Other Expense $1,600
- New Taxes Expense $28,365
- Operating Expense $36,103
- Gross Income $110,940
- Net Operating Income $71,508
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,470 | $286,705 | $224,267 | $62,438 |
| 2024 | $5,470 | $281,084 | $219,870 | $61,214 |
| 2023 | $6,237 | $348,933 | $215,559 | $133,374 |
| 2022 | $6,112 | $342,092 | $211,333 | $130,759 |
| 2021 | $6,098 | $335,386 | $207,190 | $128,196 |
| 2019 | $4,205 | $325,441 | $201,046 | $124,395 |
| 2018 | $4,112 | $319,060 | $197,104 | $121,956 |
| 2016 | $3,648 | $306,672 | $189,451 | $117,221 |
| 2015 | $3,575 | $302,067 | $186,606 | $115,461 |
| 2014 | $3,540 | $296,151 | $182,951 | $113,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $2,200,000 | -5.4% | $1,608 / Sq Ft |
| 08/12/2025 08/12/25 | Price Changed | $2,325,000 | -3.1% | $1,700 / Sq Ft |
| 06/09/2025 06/09/25 | For Sale | $2,400,000 | -- | $1,754 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $390,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25126350
APN: 4137-006-056
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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