2,705 Sqft Lot
2,705 Sqft Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26224071
HOA Y/N No
Year Built 1937
Tax Year 2026
Lot Size 2,705 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNRH
Interior
Interior Features Ceiling Fan(s), High Ceilings, Pantry, Recessed Lighting, Storage, Unfurnished
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplaces Type Family Room, Living Room
Inclusions All seller-owned appliances, including refrigerators, ranges, dishwashers, washers and dryers.
Fireplace Yes
Appliance Dishwasher, Freezer, Gas Oven, Refrigerator, Water Heater
Laundry Inside
Exterior
Parking Features Concrete, Covered, Carport, Paved
Carport Spaces 5
Fence None
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Coastline, Ocean, Water
Roof Type Composition,Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot, No Landscaping, Over 40 Units/Acre, Near Public Transit, Rectangular Lot
Faces West
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Cape Cod, Craftsman, Custom, Traditional
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4176029016
Energy Description 376.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry
Special Listing Condition Standard
Nearby Locations
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