209 41st Street
About This Property
Recent improvements provide meaningful value and peace of mind, including a newer roof (installed June 2024 with ~18 years remaining on warranty), new HVAC system with HERS certification, full termite fumigation (Nov 2025), fresh interior paint (Jan 2026), new light fixtures, and additional thoughtful upgrades-making this coastal home truly move-in ready.
This is a rare opportunity to own a single-family home with stunning ocean views west of Highland at this price point. El Porto is known for A+ surfing, popular locally owned restaurants, and charming boutiques. With easy access up Rosecrans to the 405, LAX, and the Westside, plus a quick bike ride to the Manhattan Beach Pier and Hermosa Beach, and an easy drive to Venice, Marina del Rey, and Santa Monica, the location delivers the best of South Bay beach living and commuter convenience.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Compass | $3,198,000 | |
| Listed by Compass | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$3,198,000
↓ $152K
(4.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017