Presenting this exceptional duplex located on a rare and highly desirable corner lot in East Manhattan Beach, just over a mile from the beach. This property offers tremendous long-term income potential and exciting development possibilities. Featuring two updated and turnkey 3-bedroom, 2-bathroom units, it also includes a detached 2-car garage with Sunroom, a spacious driveway that can accommodate up to 3 additional vehicles, with spacious lot to potentially add ADU and JADU. With 2,600 sq. ft. of living space on a nearly 7,500 sq. ft. lot, this property presents a solid investment opportunity with projected annual income of $115,000 and a 4.1% cap rate. Nestled in a prime, sought-after neighborhood, residents will enjoy proximity to top-rated schools such as Meadows Avenue Elementary, Manhattan Beach Middle School, and the popular Polliwog Park—all just a short walk away. This property is an excellent opportunity for investors looking to leverage the strong rental market, potential for value-added development, and the long-term appreciation prospects of the Manhattan Beach Market.
MLS #
CRPW25034625
MLS Source
California Regional MLS
Cooling
None
Heating
Central Forced Air
Pool
None
Garage/Parking
Off-Street Parking, Garage: 2 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 0 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,300 | – | 0/0 | – |
1400 15th St is a Duplex in Manhattan Beach, CA 90266. This – square foot property sits on a 7,466 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,550,000 and was built in 1958. This address can also be written as 1400 15th St, Manhattan Beach, CA 90266.
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This listing information is up-to-date as of March 20, 2025. For the most current information, please contact Patrick Sweeney, (949) 630-0561