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124 11th

Manhattan Beach, CA 90266
  • $4,700,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: PV25272373
Price Reduced
UPDATED: 192 min ago
$4,700,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Keith Kelley of Strand Hill Properties (310-541-6566)


Description

This is an unparalleled multi-unit investment opportunity, offering a rare chance to secure a coveted piece of Manhattan Beach real estate just steps from the legendary Strand. Located only one block from the vibrant Pier, upscale dining, and boutique shopping, this 3-unit property boasts a truly A++ location. The two upper residential units—a 2-bedroom, 2-bath and a 1-bedroom, 1-bath—feature breathtaking, panoramic views spanning the Pier, crashing waves, pristine sand, the vast Pacific Ocean, and Palos Verdes, while the lower 1-bed unit also enjoys fantastic ocean views. All residential units have been beautifully and cosmetically remodeled with new flooring, contemporary cabinetry, and modern appliances. The ground-level space can be used for many things. Call agent for details. This property offers the ultimate flexibility as it can be delivered completely vacant at the close of escrow, providing immediate potential for an owner/user, tenant selection, or redevelopment of this prime coastal parcel, with estimated rents and expenses available.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171320148
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124 11th Manhattan Beach, CA 90266

  • Price: $4,700,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 192 min ago
  • ID#: PV25272373
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1946
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
This is an unparalleled multi-unit investment opportunity, offering a rare chance to secure a coveted piece of Manhattan Beach real estate just steps from the legendary Strand. Located only one block from the vibrant Pier, upscale dining, and boutique shopping, this 3-unit property boasts a truly A++ location. The two upper residential units—a 2-bedroom, 2-bath and a 1-bedroom, 1-bath—feature breathtaking, panoramic views spanning the Pier, crashing waves, pristine sand, the vast Pacific Ocean, and Palos Verdes, while the lower 1-bed unit also enjoys fantastic ocean views. All residential units have been beautifully and cosmetically remodeled with new flooring, contemporary cabinetry, and modern appliances. The ground-level space can be used for many things. Call agent for details. This property offers the ultimate flexibility as it can be delivered completely vacant at the close of escrow, providing immediate potential for an owner/user, tenant selection, or redevelopment of this prime coastal parcel, with estimated rents and expenses available.
Exterior Features

Entry Level 1 Entry Location Ground Exterior Features Awning(s) Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof Flat Spa Features None Spa YN No View CoastlineOceanPanoramicPierWater View YN Yes Waterfront Features Across the Road from Lake/OceanBeach AccessOcean AccessOcean Side Of Highway

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingWater Sports Electric Expense 2400 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 228000 Insurance Expense 6000 Land Lease YN No Laundry Features Laundry ClosetNone Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 160800 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 67200 Other Expense 54000 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 19000 Trash Expense 2400 Water Sewer Expense 2400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Keith Kelley of Strand Hill Properties (310-541-6566)