1400 15th Street

Manhattan Beach, CA 90266

  • 3 Bed(s)
  • 2 Bath(s)
  • 2,600 Sqft
  • 7466
    Sqft(Lot)
$2,550,000

Description

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.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48629206

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 1958
    • Building Area Total: 2,600

    Pool Features

    • None

    Laundry Features

    • Laundry Closet
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1714
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7466
  • Listing Price Information

    • Original List Price: 2,550,000
    • Listing Contract Date: 2025-02-15

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 4166008020
  • Garage and Parking

    • Garage Description: Off Street,Tandem,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 146 - Manhattan Bch Heights/Lib Vlg
    • Directions: West on Manhattan Beach Blvd > North on N Rowell Ave
    • Zoning: MNRM
    • Source Property Type: Residential Income
    • Area: 146 - Manhattan Bch Heights/Lib Vlg
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 67
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 07:09

  • MLS: PW25034625
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 2,600 sqft, 7,466 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Manhattan Beach , in zip code 90266, this Los Angeles County Home are nearby neighborhoods.