124 11th, Manhattan Beach, California 90266, Manhattan Beach, 90266 - bed, bath

124 11th
Manhattan Beach, California 90266
Property Price
SUMMARY
Analysis of 124 11th, Manhattan Beach, California 90266 is currently available with a list price of $4,700,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1946, the residential units are described as 'beautifully and cosmetically remodeled with new flooring, contemporary cabinetry, and modern appliances,' making them move-in ready. While the overall property age and the 'cosmetic' nature of the remodel suggest underlying systems may not be new, the visible and functional aspects of the residential units, including kitchens and bathrooms (based on description), appear to be in good, updated condition. The lack of interior images prevents a higher score, but the description supports a 'Good' rating for the updated living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
- Prime Coastal Location
Situated in an A++ location, just steps from the legendary Strand, Manhattan Beach Pier, upscale dining, and boutique shopping, offering unparalleled walkability and desirability.
- Mixed-Use Income Potential
A rare 4-unit mixed-use property featuring three residential units and one ground-level commercial unit, providing diverse income streams and investment versatility.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1946, the property's underlying infrastructure may require significant capital expenditure beyond cosmetic remodels, potentially leading to higher long-term maintenance costs.
- High Investment Threshold
With a list price of $5.725 million, this property represents a substantial investment, which may narrow the pool of prospective buyers and investors.
- Limited Lot Size for Redevelopment
The 2,711 sqft lot size, while prime, could present limitations for extensive redevelopment plans or the creation of significant outdoor amenity space.
About 124 11th
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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1946
- Lot Size
- 2,711 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Manhattan Beach Unified Schools
Opal Robinson Elementary School
Grades K-5 • 0.5 mi
Grand View Elementary School
Grades K-5 • 0.7 mi
Hermosa View Elementary School
Grades K-3 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,966 | 3,593.5 | 50% |
| Lot Size | 2,711 | 3,143.5 | 50% |
| Price | $4.70M | $4.72M | 50% |
| Price per sq ft | $1.2K | $1.3K | 50% |
| Built year | 1946 | 1984 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 217 | 50% |
Pricing History
Listed for Sale
Feb 28, 2026
$4,700,000
$5,725,000
-18% Price Drop
Initial Listing
Price Change
Dec 12, 2025
$5,725,000
Initial Listing
Sold
May 31, 2022
$5,725,000
Public Record
Sold
Oct 4, 2002
$1,850,000
Public Record
Sold
Nov 30, 1999
$1,600,000
Public Record








