223 Shell Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 0 bed, 0 bath
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Manhattan Beach, California 90266
This Oceanside Duplex represents a Strong Value Opportunity, listed at $2,300,000, which aligns with its $2,300,000 Fair Market Value. Featuring a Condition Rating of 3, the property offers modernized interiors with stainless steel appliances and granite countertops. Located in a premier coastal pocket, it provides immediate rental flexibility with two vacant units and stunning ocean views from the terrace. Served by top-rated schools like El Segundo High (10/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal asset.
Turnkey Manhattan Beach duplex with ocean views. Modernized 3-bed/2-bed units, top-rated schools, and prime coastal location. Perfect for investors or homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 Shell Street Subject | $2,300,000* List Price | 0 | 0 | 1,901 | $1,210 | - |
A 126 43rd Sold | $2,135,000 | 0 | 0 | 1,548 | $1,379 | 0.1 mi |
B 126 43rd Sold | $2,135,000 | 3 | 3 | 1,548 | $1,379 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property has undergone significant recent renovations. The interiors feature new laminate flooring, fresh paint, and recessed lighting. Kitchens have been updated with stainless steel appliances and granite countertops, and the bathrooms are renovated. While some original elements like popcorn ceilings and wall heaters remain, the duplex is in move-in ready condition.
Elementary School: Richmond Street Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
Situated just blocks from the ocean and downtown Manhattan Beach, this property occupies one of the most coveted coastal pockets in Southern California, ensuring high demand and long-term value.
With both units currently vacant, a buyer can immediately capitalize on market-rate rents or utilize the property for multigenerational living without the complications of existing tenancies.
The property has been on the market for over 90 days and has undergone multiple price reductions, which may indicate initial overpricing or a disconnect with current buyer expectations.
At only 1,711 square feet, the lot is relatively compact, which limits outdoor living space and may restrict future redevelopment or expansion possibilities.
Unit Mix: (1) 3-Bedroom unit currently VACANT | (1) 2-Bedroom unit currently VACANT ~ Set just blocks from the ocean, 223 Shell Street presents a rare 1,901 SF duplex opportunity in one of Manhattan Beach’s most desirable coastal locations. With covered parking spaces and a versatile unit mix, the property offers both comfort and convenience moments from the beach and downtown. The front upper-level unit features three bedrooms and bright, inviting living spaces. The large living and dining areas are filled with natural light and enhanced by recessed lighting, creating an airy setting for everyday living and entertaining. Between the kitchen and dining area, large sliding glass doors open to a front-facing ocean-view terrace, offering an extension of the living space. The updated kitchen is equipped with stainless steel appliances and includes an in-unit washer and dryer for added convenience. Each bedroom is light and bright with generous closet space, while the primary suite features an en-suite bath. A second full bathroom with dual vanities serves the two additional bedrooms. The rear vacant unit offers two bedrooms and a comfortable, functional layout. The kitchen is finished with stainless steel appliances and granite countertops, while both bedrooms are generously sized and provide ample closet space. A renovated full bathroom adds both style and convenience. Blocks from the ocean and moments to downtown Manhattan Beach, this oceanside duplex offers a rare opportunity to enjoy coastal living, ocean views, investment potential, and multigenerational flexibility in an exceptional location. 3 Bed Unit - Currently Vacant, previously getting $4,800 per month | 2 Bed Unit - Currently Vacant, previously getting $3,295 per month.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,901 | 2,955.5 |
| Lot Size | 1,711 | 2,024.5 |
| Price | $2.30M | $5.29M |
| Price per sq ft | $1.2K | $1.7K |
| Built year | 1970 | 1971 |
| HOA | $0 | $0 |
| Days on market | 105 | 98 |
Jun 20, 2026
$2,300,000
$2,399,000
-4% Price Drop
Initial Listing
May 14, 2026
$2,399,000
$2,499,000
-4% Price Drop
Initial Listing
Apr 8, 2026
$2,499,000
Initial Listing