3012 Manhattan Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - bed, bath

3012 Manhattan Avenue, Manhattan Beach, California 90266 home-pic-0
ACTIVE$3,550,000
3012 Manhattan Avenue, Manhattan Beach, California 90266
0Bed
0Bath
2,105Sqft
1,753Lot
Year Built
1938
Close
-
List price
$3.55M
Original List price
$3.55M
Price/Sqft
$1,686
HOA
-
Days on market
-
Sold On
-
MLS number
SB25218661
Home ConditionFair
Features
Excellent View: Ocean
Patio
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $3.55M(73th), sqft - 2105(73th), beds - undefined(50th), baths - undefined(50th).

Just steps from the sand in North Manhattan Beach, 3012 Manhattan Avenue is a rare duplex offering with extraordinary upside. Currently improved with two upgraded 2-bedroom, 1-bath units, the property sits on a uniquely steep, elevated lot that unlocks dramatic, panoramic ocean views—a vantage point few neighboring homes can match. For buyers with vision, preliminary plans by renowned architect Louie Tomaro are included, providing a head start on creating a world-class coastal estate. Design possibilities include a stunning four-level single-family home with an attached luxury ADU studio—perfect as a guest retreat, private office, or income-producing rental. The existing two-car garage and upgraded infrastructure further enhance the property’s long-term value. Surrounded by vibrant dining, boutique shopping, and beachside nightlife, this property is equally compelling as a development opportunity today or a strategic buy-and-hold investment in one of Manhattan Beach’s most coveted neighborhoods.

Nearby schools

9/10
Grand View Elementary School
Public,K-50.3mi
9/10
Opal Robinson Elementary School
Public,K-51.5mi
10/10
Hermosa View Elementary School
Public,K-32.4mi
9/10
Manhattan Beach Middle School
Public,6-82.0mi
8/10
Hermosa Valley Elementary School
Public,4-82.4mi
9/10
Mira Costa High School
Public,9-122.3mi

Price History

Date
Event
Price
09/16/25
Listing
$3,550,000
01/06/16
Sold
$2,700,000
11/25/15
Sold
$2,700,000
Condition Rating
Fair

Built in 1938, this duplex features interiors that, while maintained and described as 'upgraded,' show significant signs of age. The kitchens, in particular, are very outdated with tiled countertops, basic white cabinets, and older white appliances (including a portable dishwasher in one unit). Flooring is a mix of older hardwood, carpet, and linoleum. Light fixtures are basic. While the property is functional and livable, it requires substantial renovation to meet current aesthetic and functional standards, aligning with the 'Fair' category's description of an aged home maintained through regular upkeep but with major components showing signs of being outdated, likely renovated 15-30 years ago.
Pros & Cons

Pros

Prime Coastal Location: Situated just steps from the sand in North Manhattan Beach, this property is in one of the most coveted neighborhoods, surrounded by vibrant dining, boutique shopping, and beachside nightlife.
Dramatic Panoramic Ocean Views: The uniquely steep, elevated lot unlocks dramatic, panoramic ocean views that few neighboring homes can match, offering exceptional aesthetic and intrinsic value.
Significant Development Potential: The property offers extraordinary upside for redevelopment, with preliminary plans by renowned architect Louie Tomaro for a stunning four-level single-family home with a luxury ADU studio.
Income-Generating Duplex: Currently improved with two upgraded 2-bedroom, 1-bath units, the property provides immediate rental income or flexible living arrangements while future plans are considered.
Architectural Head Start: The inclusion of preliminary architectural plans by Louie Tomaro provides a significant advantage, streamlining the design and approval process for a future world-class estate.

Cons

Age of Existing Structure: Built in 1938, the existing duplex is an older property, suggesting that significant capital investment will be required for modernization or complete redevelopment to realize its full potential.
Challenging Lot Topography: While providing exceptional views, the 'uniquely steep, elevated lot' may present engineering, construction, and accessibility challenges, potentially increasing development costs and complexity.
Substantial Redevelopment Investment: Realizing the vision of a 'world-class coastal estate' will require a substantial additional investment beyond the purchase price, targeting a buyer with significant capital and a development mindset.

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