NEARLY A CENTURY IN ONE FAMILY. ONE FULL RH LOT. ONE BLOCK FROM THE SAND.
121 28th St is an original 30 x 90 lot of approximately 2,700 SF, running street to street from 28th Street to 28th Place. Held by the same family for nearly a century and passed down between family members, per seller, it is now offered on the open market for the first time. Of approximately 432 RH-zoned parcels between Marine Avenue and Rosecrans, broker research indicates only about 40 still contain a single home on a full lot, and this is currently the only one offered for sale. Buyer to verify.
THREE WAYS TO WIN. MOVE IN. The remodeled 1926 bungalow offers 2 bedrooms, 2 baths, central air, quartz counters, a covered front porch with an ocean view down 28th St, a rear deck, and a detached 2-car garage off 28th Pl, keeping parking and rear entry away from the beach-facing side.
HOLD IT. A Coastal Zone location with rental potential; short-term rental use may be available through the City program, subject to eligibility, licensing, and buyer verification.
BUILD IT. Explore one new single-family home or up to three units, subject to City and Coastal review. Broker analysis indicates approximately 4,585 SF of living area may be possible over three stories under current zoning, plus certain garage and below-grade basement area. Buyer to verify.
THE NUMBERS TELL THE STORY. A full-lot duplex on this street sold approximately 11% above asking in about eight days in September 2026, and recent new construction on comparable full RH lots has closed above $10,000,000, per broker research; buyer to verify.
THINK BIGGER. The adjoining full lot at 123 28th Street, improved with a seven-unit building and offered separately by the same seller, is also available. Together: approximately 60 feet of frontage by 90 feet deep, roughly 5,400 SF of contiguous Sand Section land, one block from the beach. It took nearly a century to reach the market. Sold as-is. Buyer to independently verify lot size, zoning, buildable area, permitted uses, unit potential, Coastal and short-term rental requirements, and comparable-sale data.
For sale
Listed by: eXp Realty of California Inc • Ashley Anderson • Contact: 310-435-6633
$4,999,000
121 28th St, Manhattan Beach, CA 90266
2beds
872sqft
Single Family Residence
Built in 1926
2,697 Square Feet Lot
$4,993,000 Zestimate®
$5,733/sqft
$-- HOA
What's special
- 8 days
- 843
- 71
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ashley Anderson DRE #01934610 310-435-6633,
eXp Realty of California Inc
Source: CRMLS,MLS#: SB26225120
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Entry/Foyer, Living Room, Other
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: Bedroom on Main Level
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Barbecue, Dishwasher, Microwave
- Laundry: Inside
Features
- Balcony, Bedroom on Main Level, Walk-In Closet(s)
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 872 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Door-Multi, Garage, Garage Door Opener, Private, Garage Faces Rear, One Space
- Garage spaces: 2
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 28th St.
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Ocean, Peek-A-Boo, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 2,697 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4176029017
- Zoning: MNRH
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Park, Street Lights, Sidewalks, Water Sports
Location
- Region: Manhattan Beach
Financial & listing details
- Price per square foot: $5,733/sqft
- Tax assessed value: $416,049
- Date on market: 10/18/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
- Inclusions: None automatically included; appliance inclusion negotiable per purchase agreement.
- Exclusions: All appliances, including refrigerator, range, washer, and dryer, are excluded; inclusion may be negotiated in a purchase agreement. Tenant-owned items and improvements do not convey.
Estimated market value
$4,993,000
$4.74M - $5.24M
$5,415/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2026 | Listed for sale | $4,999,000$5,733/sqft |
Source: eXp Realty #SB26225120 Report a problem | ||
| 5/20/2025 | Listing removed | $8,500$10/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Listed for rent | $8,500+21.4%$10/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2019 | Listing removed | $7,000$8/sqft |
Source: Re/Max Estate Properties #SB19103899 Report a problem | ||
| 5/8/2019 | Listed for rent | $7,000$8/sqft |
Source: Re/Max Estate Properties #SB19103899 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $416,049 +2% |
| 2025 | $5,138 +1.5% | $407,892 +2% |
| 2024 | $5,061 -3.2% | $399,895 +2% |
| 2023 | $5,225 -87.1% | $392,055 -88.8% |
| 2022 | $40,376 +1.6% | $3,503,927 +2% |
| 2021 | $39,728 +884.5% | $3,435,224 +1335.2% |
| 2020 | $4,035 | $239,350 +2% |
| 2019 | $4,035 +2.7% | $234,658 +2% |
| 2018 | $3,928 | $230,057 +2% |
| 2017 | $3,928 +2.8% | $225,547 +2% |
| 2016 | $3,821 +2.3% | $221,126 +1.5% |
| 2015 | $3,735 +3% | $217,805 +2% |
| 2014 | $3,627 | $213,539 +2.5% |
| 2012 | -- | $208,408 +2% |
| 2011 | -- | $204,323 +0.8% |
| 2010 | -- | $202,797 -0.2% |
| 2009 | -- | $203,280 +2% |
| 2008 | -- | $199,295 +2% |
| 2007 | -- | $195,388 +2% |
| 2006 | -- | $191,557 |
| 2005 | -- | $191,557 +4% |
| 2004 | -- | $184,121 +1.9% |
| 2003 | -- | $180,748 +2% |
| 2002 | -- | $177,205 +4% |
| 2000 | -- | $170,325 |
Find assessor info on the county website
Monthly payment
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