200 39th St, Manhattan Beach, CA 90266

Property Description

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.