424 9th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 3 bed, 2 bath
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Manhattan Beach, California 90266
Analysis of 424 9th Street, Manhattan Beach, California 90266 is currently available with a list price of $4,895,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
The property was built in 1953 (71 years old). While the listing describes it as 'turn-key' and 'move-in ready,' the visible kitchen cabinetry and finishes appear dated, likely from a renovation performed 15-25 years ago. It meets the 'Fair' criteria as it is functional but requires modernization to meet current market standards, especially given the explicit mention of its development potential as a tear-down for a larger 'coastal castle'.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Situated on a coveted, car-free 'Walk Street,' this property offers a rare community-oriented lifestyle just steps from downtown Manhattan Beach dining and the ocean.
The flat lot provides a prime opportunity to build a custom coastal estate of over 4,000 square feet plus a basement, maximizing the value of this high-demand zip code.
The property is tenant-occupied with a strict 'no-showing' policy without an accepted offer, which may complicate the initial due diligence process for traditional buyers.
Delivery of the property is subject to a 70-day post-closing period or a month-to-month tenancy, potentially delaying immediate construction or owner-occupancy.
Rare Walk Street opportunity — Coveted Coastal Living. One of the most coveted addresses in the South Bay, Manhattan Beach "Walk Streets" are car-free, community-oriented corridors where neighbors actually know each other. Listings here are scarce, and lots like this don't come around often. 424 9th St - is Turn Key property with tasteful upgrades. Move in ready or ready for you to develop your coastal castle. The lot is flat, well-positioned lot that offers exceptional development potential — with the ability to build over 4,000 sq ft of living space and basement (buyer to verify). Peek-a-boo ocean views. Abundant natural light. A prime location with quick access to downtown Manhattan Beach dining, shopping, and the beach. Whether you build your forever home or capitalize on one of the most desirable zip codes in Southern California — this is your shot! Tenant currently in residence. Do not disturb. Do not walk the property without accepted offer. Delivered vacant (70 days post-COE) or with month-to-month tenant — seller's election, subject to accepted offer. Contact listing agent directly for development concepts and showing coordination.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-3 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,136 | 2,840 |
| Lot Size | 2,703 | 5,009 |
| Price | $4.89M | $3.96M |
| Price per sq ft | $4.3K | $1.5K |
| Built year | 1953 | 1984 |
| HOA | $0 | $0 |
| Days on market | 47 | 48 |
Jun 5, 2026
$4,895,000
Initial Listing