112 44th Street

Manhattan Beach, CA 90266

$3,125,000
Last Sold Price
4
Beds
4
Baths
2,460 Sq. Ft.
$1,270 / Sq. Ft.
2,460
Sq. Ft.
$1,270
per Sq. Ft.

Description

We are pleased to present 112 44th St, Manhattan Beach: located only one block up from The Strand on a corner lot. This side-by-side duplex, built in 1959, boasts two townhome style units measuring roughly 1,200 SqFt each. Both units have full panoramic ocean views as well as access to the rooftop deck in the previous owners unit. Both units are 2-bedroom, 1.5-bathroom units and have their own washer/dryer hookups. On the ground level there are two very large enclosed 2-Car Garages, which is very...We are pleased to present 112 44th St, Manhattan Beach: located only one block up from The Strand on a corner lot. This side-by-side duplex, built in 1959, boasts two townhome style units measuring roughly 1,200 SqFt each. Both units have full panoramic ocean views as well as access to the rooftop deck in the previous owners unit. Both units are 2-bedroom, 1.5-bathroom units and have their own washer/dryer hookups. On the ground level there are two very large enclosed 2-Car Garages, which is very rare for the notoriously parking-scarce El Porto area of Manhattan Beach. One of the units has recently undergone upgrades, such as new laminate flooring, new kitchen appliances, new bathroom vanity, cleaned fireplace, and a fresh paint job throughout the unit. This property is perfect for an owner/user who can offset their mortgage, or as a full investment property located within the coastal zone / Manhattan Beach Sand Section, which allows for short term rentals for increased income. Both units will be delivered vacant.
  1. Listed by John Stiegler II • DRE #01981597 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Stephen Takahashi • DRE #01944770 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 112 44th Street

Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2460
Assessor Parcel Number
4137-006-031
Property Attached YN
false

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Sold By Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Add your commute
LISTING UPDATED: 11/21/2023 10:19 PM

Property Details for 112 44th Street

StatusClosed
MLS #SB23094760
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.03 AC / 1,433 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Sold By Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Add your commute

Building Information for 112 44th Street

Stories2Residences-Year Built1959Building Size-Lot Size0.03 AC / 1,433 SF

Payment Calculator

$17,447 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,054

Property Taxes

$393

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 112 44th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $180,000
  • Gross Scheduled Income: $180,000
  • Net Operating Income: $126,866
  • Gross Multiplier: 15.92
  • Cap Rate: 4.43
  • Financing: Cash
Expense Details
  • Operating Expense: $47,735
  • New Taxes Expense: $35,813
  • Gardener Expense: $1,200
  • Fuel Expense: $450
  • Electric Expense: $450
  • Insurance Expense: $1,772
  • Maintenance Expense: $7,200
  • Trash Expense: $450
  • Water Sewer Expense: $450
  • Total Expenses: $47,735
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 4103
  • Tax Census Tract: 6202.01
  • CFD/Mello-Roos Fee: $2,409
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Biking, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: Ground
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Garage - 2 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $7,500
  • Unit Type Total Rent: $7,500
  • Unit Type Pro Forma: 7500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $7,500
  • Unit Type Total Rent: $7,500
  • Unit Type Pro Forma: 7500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 112 44th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 112 44th Street

Taxable ValueLand$111,673Additions$101,468Total$213,141
Tax Record2023$4,711 ($393 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtLot Size1,433 SqFtStyleDuplexYear Built1959ZoningMNRHCountyLOS ANGELESAPN4137-006-031

Schools near 112 44th Street

This home is within Manhattan Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Grand View Elementary School
PublicK to 5

Manhattan Beach Middle School
Public6 to 8

Mira Costa High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.