A true legacy property this ultra-rare walk street-to-alley lot offers unmatched versatility, consistent cash flow, and blue-chip appreciation potential in one of the most coveted coastal markets in the country. Just four doors from the sand on a sun-soaked, south-facing walk street, this full 30 x 90 lot sits in the heart of Manhattan Beach's elite Sand Section. Whether you're looking to develop two premium units, create a dream live/rent scenario, or hold for steady income and long-term growth, the opportunity here is exceptional and nearly impossible to replicate. Positioned on a quiet, prestigious block just steps to the pier, downtown shops, restaurants, and the Strand, this is beach front investment at its finest.
Sold for $5,750,000 on 09/22/25
$5,750,000
127 16th St, Manhattan Beach, CA 90266
5beds
3baths
2,157sqft
Multi Family
Built in 1924
-- sqft lot
$5,748,900 Zestimate®
$2,666/sqft
$7,321 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 22, 2025 at 03:41am
Listed by:
Alex Baker DRE # 01999006 310-363-1626,
Pardee Properties 310-907-6517
Bought with:
Alex Baker, DRE # 01999006
Pardee Properties
Source: CLAW,MLS#: 25542549

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Range/Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 2,157
- Total interior livable area: 2,157 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - 2 Car, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,700 sqft
Details
- Additional structures: None
- Parcel number: 4178003018
- Zoning: MNRM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Manhattan Beach
Services availability
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Estimated market value
$5,748,900