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PRICE $4,995,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,862 sqft
LOT SIZE 2,706 sqft

BUILT BY ONE FAMILY. HELD FOR GENERATIONS. READY FOR ITS NEXT CHAPTER. One block from the sand! Opportunities like this don't come in waves. This one took nearly 90 years to wash ashore. Built in 1937 and held by one family ever since (per seller), this seven-unit building sits one block from The Strand in the Sand Section of Manhattan Beach. Now offered for the first time, original blueprints included. Why it's rare: Seven income units on a 2,704 SF corner lot, a Sand Section offering rarely seen. Once it sells, it may not come available again for decades. What you get: Approx. 4,862 SF (Assessor) with three 2-bedroom units, a 3-bedroom unit, two 1-bedroom units and a studio on a FULL lot. Five carport PARKING spaces. In-unit washer/dryer in 5 of 7 units (seller-owned appliances included). Separate electric, gas & water meters. White-water ocean views from four residences. Corner location at 28th St and Manhattan Ave, near The Strand, the Pier and Downtown Manhattan Beach. What it could earn: Approx. $363,000 projected annual gross scheduled rent at renovated market rents (broker estimate), before expenses. Ideal for building a strong investment portfolio or completing a 1031 exchange. Transfer tax: Manhattan Beach is its own city, so the City of Los Angeles' Measure ULA "Mansion Tax" does not apply under current law. Other transfer taxes may apply. Coastal Zone: Located in the California Coastal Zone. Short-term rental use subject to City licensing, TOT and applicable regulations; buyer to confirm eligibility with the City. Want more land by the sand? The home right next door at 121 28th St, held by the same family since 1926, is also offered separately for the first time in a century. Together, they total approx. 5,400 SF of contiguous Sand Section land. Sold as-is, subject to existing tenancies except units delivered vacant. Buyer to verify all details, including zoning, permitted units, unit configurations, square footages, rental eligibility, taxes and income projections. Income not guaranteed.

DAYS ON MARKET 32 LAST UPDATED 10/16/2026
YEAR BUILT 1937 COMMUNITY 142 - Manhattan Bch Sand
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Freezer, Gas Oven, Refrigerator, Water Heater
AREA 142 - Manhattan Bch Sand
FIREPLACE Yes
HEAT Natural Gas, Wall Furnace
INTERIOR Ceiling Fan(s), High Ceilings, Pantry, Recessed Lighting, Storage
LOT 2705 sq ft
LOT DESCRIPTION Corner Lot, Near Public Transit, Rectangular Lot
LOT DIMENSIONS 30' x 90
PARKING Concrete, Covered, Carport, Paved
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
STYLE CapeCod, Craftsman, Custom, Traditional
UTILITIES Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Ocean, Water
WATER Public
WATERFRONT DESCRIPTION Beach Access, Ocean Access
MORTGAGE CALCULATOR
   

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Listed with eXp Realty of California Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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