229 El Porto Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 2 bath
229 El Porto Street
Manhattan Beach, California 90266
Property Price
SUMMARY
Analysis of 229 El Porto Street, Manhattan Beach, California 90266 is currently available with a list price of $2,279,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1931, this property is nearly a century old with no mention of significant recent renovations. The MLS listing explicitly identifies 'Age of Property' as a weakness, indicating a need for 'significant updates to systems, infrastructure, and general maintenance.' While interior images are not provided, the exterior and roof in the aerial photos appear dated and show signs of deferred maintenance. The property likely requires substantial repairs and rehabilitation, including full updates to kitchens, bathrooms, and major systems, to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Richmond Street Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
- Prime Coastal Location
Situated 'steps from the sand' in Manhattan Beach's iconic El Porto neighborhood, this property offers unparalleled beach access and a highly sought-after coastal lifestyle.
- Income-Generating Duplex
The property features two distinct units (2-bed/1-bath and 1-bed/1-bath), providing excellent flexibility for an owner-user seeking rental income or a pure investment opportunity.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1538, living area = 1115.
- Age of Property
Built in 1931, the property is nearly a century old, which may imply the need for significant updates to systems, infrastructure, and general maintenance.
- Limited Square Footage & Lot Size
With a combined 1115 sqft for both units and a modest 1538 sqft lot, the property offers relatively compact living spaces and minimal outdoor area for its prime location.
About 229 El Porto Street
Steps from the sand, this duplex sits in the heart of Manhattan Beach's iconic El Porto neighborhood, a surfer's paradise known for its laid-back coastal energy and unbeatable beach access. The property includes two units: one with two bedrooms and one bathroom, and the other with one bedroom and one bathroom, offering flexibility for an owner-user or investor. Located just moments from the Manhattan Beach Pier, local shops, and some of the city's best restaurants, this property offers an incredible lifestyle in one of Southern California's most coveted coastal communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1931
- Lot Size
- 1,538 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Manhattan Beach Unified Schools
Grand View Elementary School
Grades K-5 • 0.7 mi
Richmond Street Elementary School
Grades K-5 • 1.5 mi
El Segundo Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 4.0 | 26% |
| Square foot | 1,115 | 2,885.5 | 8% |
| Lot Size | 1,538 | 4,941 | 9% |
| Price | $2.28M | $3.38M | 11% |
| Price per sq ft | $2.0K | $1.4K | 88% |
| Built year | 1931 | 1985 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 175 | 33% |
Pricing History
Listed for Sale
Oct 14, 2025
$2,279,000
Initial Listing
Sold
Mar 11, 1998
$352,000
Public Record