
Manhattan Beach, California 90266
This triplex presents a High-Potential Investment Opportunity, listed at a List Price of $2,595,000, which aligns with the $2,595,000 Fair Market Value. Featuring a Condition Rating of 6, the property offers significant upside through modernization of its three bungalow-style units. Situated in a premier coastal market with access to Top-Rated Schools like Mira Costa High and Manhattan Beach Middle, the asset provides long-term stability. The 5,500+ square foot lot and potential for adjacent parcel acquisition make this an ideal acquisition for Buy-and-Hold Investors or Developers.
Property is land value only, full reconstruction required.
Built in 1954, this property is over 70 years old with no significant renovations mentioned beyond copper pipes. The listing explicitly highlights it as a 'Development Opportunity,' signaling that the value lies in the land rather than the dated bungalow structures.
Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
The triplex configuration offers multiple exit strategies, including owner-user occupancy, steady rental income, or a complete redevelopment project on a generous 5,500+ square foot lot.
The property is situated within the boundaries of highly-rated schools, including Mira Costa High and Manhattan Beach Middle, ensuring strong long-term property value and tenant demand.
Built in 1954, the bungalow-style units likely require substantial capital improvements and modernization beyond the existing copper piping to meet contemporary luxury standards.
Located on Manhattan Beach Blvd, the property is subject to higher traffic volume and noise levels compared to more secluded residential streets, which may impact premium rental or resale pricing.
Excellent Owner-User, Income or Development Opportunity! This triplex features over 2400 square feet of living space on a 5500+ square foot lot. Each of these three bungalow-style units have two bedrooms and one bathroom and are about 800 square feet. These units feature laundry hook-ups, gas appliances, newer copper pipes, three total garage spaces, and private patios/yards. This triplex can also be purchased together with 1411 Manhattan Beach Blvd
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,409 | 2,955.5 |
| Lot Size | 5,514 | 2,024.5 |
| Price | $2.60M | $5.29M |
| Price per sq ft | $1.1K | $1.7K |
| Built year | 1954 | 1971 |
| HOA | $0 | $0 |
| Days on market | 45 | 98 |
Jun 7, 2026
$2,595,000
Initial Listing