Presenting this exceptional duplex located on a rare and highly desirable corner lot in East Manhattan Beach, just over a mile from the beach. This property offers tremendous long-term income potential and exciting development possibilities. Featuring two updated and turnkey 3-bedroom, 2-bathroom units, it also includes a detached 2-car garage with Sunroom, a spacious driveway that can accommodate up to 3 additional vehicles, with spacious lot to potentially add ADU and JADU. With 2,600 sq. ft. of living space on a nearly 7,500 sq. ft. lot, this property presents a solid investment opportunity with projected annual income of $115,000 and a 4.1% cap rate. Nestled in a prime, sought-after neighborhood, residents will enjoy proximity to top-rated schools such as Meadows Avenue Elementary, Manhattan Beach Middle School, and the popular Polliwog Park—all just a short walk away. This property is an excellent opportunity for investors looking to leverage the strong rental market, potential for value-added development, and the long-term appreciation prospects of the Manhattan Beach Market.
- Heating System:
- Central
- View:
- Ocean
- Parking:
- 20.00
- New Construction YN:
- 0
- Laundry:
- In Closet
- Parking:
- Garage - Three Door, Public
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- PWSWEPAT
- Water Source:
- Public
- Lot Features:
- Corner Lot
- Community Features:
- Suburban
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Street Level
- Spa:
- 0
- Street:
- 15th
- Street Number:
- 1400
- Street Suffix:
- Street
- Floor Number:
- 0
- Longitude:
- W119° 36' 37.2''
- Latitude:
- N33° 53' 20.1''
- Listing Courtesy of:
- The CREM Group
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- MNRM
- Lot Size Square Feet:
- 7,466 Sqft
- List Agent Last Name:
- Sweeney
- List Agent License Number:
- 01467079
- Special Listing Conditions:
- Trust
- List Office ID:
- PB19003
- List Agent First Name:
- Patrick
- Directions:
- West on Manhattan Beach Blvd > North on N Rowell Ave
- Virtual Tour URL Unbranded:
- Click Here
- MLSAreaMajor:
- 146 - Manhattan Bch Heights/Lib Vlg
- Levels:
- Two
- Parcel Number:
- 4166008020
- List Agent License Number:
- 02029217
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1400 15th Street, Manhattan Beach, California 90266
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- PW25034625
- List Price :
- $2,550,000
- Year Built :
- 1958
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Manhattan Beach
- Zipcode:
- 90266
- Close Price :
- $2,550,000
- Status :
- Closed
- Property Type :
- Duplex
- Price Per Square Foot :
- $981
- Days on Market :
- 13
