1315 17th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 7 bed, 5 bath
Loading property details...
Manhattan Beach, California 90266
This property presents a Strong Value Opportunity with a List Price of $2,795,000—positioned well below the $2,957,978 Fair Market Value by 5%. This valuation gap offers $162,978 in Instant Equity. Featuring a Mint Condition Rating and Medium Density Zoning, this dual-unit asset includes a chef's kitchen and city views. With active permitting for a five-unit redevelopment, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside asset near top-rated Manhattan Beach schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 17th Street Subject | $2,795,000* List Price | 7 | 5 | 2,326 | $1,272 | - |
A 1808 Manzanita Lane Sold | $3,000,000 | 5 | 3 | 2,455 | $1,222 | 0.6 mi |
B 1904 Harkness Active | $3,299,000 List Price | 5 | 4 | 2,937 | $1,123 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is newly renovated with high-end finishes, including chef's kitchens with quartz countertops, Carrera marble backsplashes, and premium appliances. The bathrooms feature modern vessel sinks and updated tile work. Despite the 1948 build date, the recent comprehensive renovation puts it in mint, move-in-ready condition.
Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
The property sits on a 7,007 sqft lot with medium-density zoning and active permitting in process for a five-unit redevelopment, offering massive value-add potential for investors.
Featuring two newly renovated homes (a 3BR/2.5BA and a 4BR/2BA), the property provides immediate rental income opportunities or a flexible multi-generational living arrangement.
The building's square footage is larger than public records, which can lead to complications with appraisals, property taxes, and securing traditional financing.
While redevelopment potential is high, the permitting for five units is still 'in process,' leaving the buyer subject to municipal approval risks and potential construction delays.
Presenting a newly renovated home, (known as two homes on a lot,) in a highly sought after Manhattan Beach location. This property offers an exceptional opportunity for an owner or investor, due to its medium density zoning. The spacious first floor unit features a 3 bedroom, 2 1/2 bathroom floor plan, with a chef's kitchen, custom cabinetry, quartz countertops and white Carrera backsplash. Recessed lighting, private garage access, and an appealing front patio with pergola; the second floor has an impressive 4 bedroom, 2 bathroom unit featuring vaulted ceilings, celestial windows, a new kitchen with premium finishes, and multiple balconies, including a huge balcony with views of the city and mountains. Both units share a spacious backyard with mature trees. Located near award winning schools and the Manhattan Village Mall, this asset carries significant development upside. Building square footage is larger than public records and permitting is in process for a potential redevelopment into five new units.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 2,326 | 2,840 |
| Lot Size | 7,007 | 5,009 |
| Price | $2.79M | $3.96M |
| Price per sq ft | $1.2K | $1.5K |
| Built year | 1948 | 1984 |
| HOA | $0 | $0 |
| Days on market | 12 | 48 |
Jul 10, 2026
$2,795,000
Initial Listing
Nov 29, 2022
$1,472,500
Public Record
Dec 4, 2017
$1,775,000
Public Record