442 Manitoba Street

Playa del Rey, CA 90293

$2,200,000
Price
6
Beds
6
Baths
3,120 Sq. Ft.
$705 / Sq. Ft.
3,120
Sq. Ft.
$705
per Sq. Ft.

Description

Just two blocks from the ocean, this property offers an unbeatable location close to the beach, downtown Playa Del Rey, and a variety of popular local restaurants. The front unit, currently vacant, is ideal for owner occupancy includes high-end custom finishes. Additionally, its 3-bed/3-bath layout makes the unit perfect for families. Both units were refreshed in 2015, with new water heaters, lighting fixtures, roofing, and central heating/air conditioning. Each unit comes with stainless steel appliances,...Just two blocks from the ocean, this property offers an unbeatable location close to the beach, downtown Playa Del Rey, and a variety of popular local restaurants. The front unit, currently vacant, is ideal for owner occupancy includes high-end custom finishes. Additionally, its 3-bed/3-bath layout makes the unit perfect for families. Both units were refreshed in 2015, with new water heaters, lighting fixtures, roofing, and central heating/air conditioning. Each unit comes with stainless steel appliances, in-unit washers/dryers, and private outdoor spaces. The property also features a detached two-car garage for each unit, with the potential to convert into an additional dwelling unit (ADU) for additional passive income. The quiet neighborhood also has a close-knit feel with a strong sense of community making it a hidden gem within Los Angeles. A brand new 31-acre park, Lulu's Place, is currently under construction just blocks away, featuring tennis courts, soccer fields, playgrounds, a dog park, and scenic walking paths. The property is also conveniently located near major aerospace employers in El Segundo and Hawthorne, as well as the tech hub of Silicon Beach, Culver City, and Marina Del Rey.
  1. Listed by Michael Matthias • DRE #01489863 • Brokerage DRE #02083474 • Skylight Real Estate Advisors, Inc.

Property Details for 442 Manitoba Street

Zoning
LAR2
Cross Streets
Pershing Dr and Manchester Ave
Parcel Number
4117028031
Total Units
2.0
Living Area
3120
Source Living Area
Vendor Enhanced
Area
Playa Del Rey (C31)
Vacancy Rate
0
LISTING UPDATED: 08/21/2024 12:01 AM

Property Details for 442 Manitoba Street

StatusActive
MLS #24-427261
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.11 AC / 5,003 SF
CountyLos Angeles County

Building Information for 442 Manitoba Street

Stories2Residences-Year Built1962Building Size-Lot Size0.11 AC / 5,003 SF

Property Information for 442 Manitoba Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 3+3
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $113,490
  • Net Operating Income: $74,650.00
  • Gross Income: $117,000
  • Gross Rent Multiplier: $18.80
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 38840
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1149
  • Lot Size Square Feet: 5003
  • Lot Size Dimensions: 50x100
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage, Uncovered
  • Total Parking: 5
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 4
  • Parking Features: Garage, Uncovered
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Refrigerator, Washer
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: In Closet, In Unit, Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-13-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $4,750.00
  • Unit Projected Rent: $4,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $519,827.00
  • Assessed Improvement Percent: 39.13
  • Assessed Land Value: $808,623.00
  • Assessed Land Percent: 60.87
  • Assessed Total Value: $1,328,450.00

Property History for 442 Manitoba 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 442 Manitoba Street

Taxable ValueLand$824,795Additions$530,223Total$1,355,018
Tax Record2023$16,350 ($1,363 / month)
Home Facts
Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtLot Size5,003 SqFtStyleDuplexYear Built1962ZoningLAR2CountyLOS ANGELESAPN4117-028-031

Schools near 442 Manitoba Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Loyola Village Elementary School
PublicK to 5

Kentwood Elementary School
PublicK to 5

Paseo Del Rey Natural Science Magnet
PublicK to 5

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.

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442 Manitoba Street is a multi-family home for sale in Playa del Rey, CA 90293. This property was listed for sale on August 13, 2024 by Skylight Real Estate Advisors, Inc., it's currently listed at $2,200,000. It has been on the market for a total of 37 days and was last sold on June 2, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Loyola Village Elementary School, Kentwood Elementary School and Paseo Del Rey Natural Science Magnet. 442 Manitoba Street is a 6-bed, 6-bath, 3,120 sqft multi-family home built in 1962.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skylight Real Estate Advisors, Inc., Michael Matthias, DRE #01489863

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.