637 Manhattan Beach Boulevard, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 0 bed, 0 bath
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Manhattan Beach, California 90266
This Value-Add Residential Income Triplex is listed at $2,750,000, positioned in the prestigious Manhattan Beach Tree Section. While currently priced above the $2,537,177 Fair Market Value, the property’s Condition Rating 4 and 3,226 sqft layout offer significant upside for forced appreciation through modernization. Boasting distant ocean views and proximity to 9/10 rated Pacific Elementary, this asset is primed for high rental demand and long-term equity growth. It represents a strategic acquisition for Buy-and-Hold Investors or Developers looking to secure a footprint in a high-barrier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 637 Manhattan Beach Boulevard Subject | $2,725,000* List Price | 0 | 0 | 3,226 | $791 | - |
A 1411 15th Sold | $2,625,000 | 0 | 0 | 3,421 | $767 | 1.0 mi |
B 1436 Manhattan Beach Boulevard Sold | $2,300,000 | 7 | 5 | 3,131 | $735 | 1.0 mi |
C 1411 Manhattan Beach Active | $2,595,000 List Price | 0 | 0 | 2,409 | $1,077 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this triplex is functional but significantly dated. The kitchens and bathrooms feature older laminate countertops, basic white cabinetry, and aged fixtures. While some rooms have updated laminate flooring, the presence of popcorn ceilings, wall-mounted heaters, and older appliances indicates the property has not undergone a comprehensive renovation in over 20 years and requires modernization.
Elementary School: Pacific Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Situated in the prestigious Manhattan Beach Tree Section, the property is within walking distance of top-rated schools like Pacific Elementary (0.16 miles) and Manhattan Beach Middle School, all boasting 9/10 ratings.
As a 3,226 sqft triplex, this residential income property offers a rare opportunity to generate significant rental revenue in a high-demand coastal market with historically strong appreciation.
Located directly on Manhattan Beach Boulevard, the property is subject to significant vehicle noise and traffic congestion, which may deter tenants seeking a quiet residential environment.
With a lot size of only 2,997 sqft for three units, the property offers minimal private outdoor space, which is a common drawback for multi-family dwellings in this high-density area.
Welcome to 637 Manhattan Beach Blvd, a rare opportunity to own an ocean-view triplex just moments from the heart of Downtown Manhattan Beach. This exceptional income property features three well-designed units, including two spacious 2-bedroom, 2-bathroom residences and one 1-bedroom, 1-bathroom residence. Each unit offers the convenience of its own in-unit laundry. The property also provides ample parking with a two-car garage plus four additional covered parking spaces—an invaluable amenity in this highly desirable beach community. Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income, or own a prime property in one of Southern California's most sought-after coastal neighborhoods, this triplex presents an outstanding opportunity with ocean views and unbeatable proximity to downtown Manhattan Beach's renowned dining, shopping, and beaches.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,226 | 2,955.5 |
| Lot Size | 2,997 | 2,024.5 |
| Price | $2.73M | $5.29M |
| Price per sq ft | $845 | $1.7K |
| Built year | 1972 | 1971 |
| HOA | $0 | $0 |
| Days on market | 92 | 98 |
Jun 23, 2026
$2,725,000
$2,750,000
-1% Price Drop
Initial Listing
Apr 21, 2026
$2,750,000
Initial Listing
Nov 16, 2012
$1,475,000
Public Record
Oct 13, 1993
$2,000
Public Record