This is an unparalleled multi-unit investment opportunity, offering a rare chance to secure a coveted piece of Manhattan Beach real estate just steps from the legendary Strand. Located only one block from the vibrant Pier, upscale dining, and boutique shopping, this 3-unit property boasts a truly A++ location. The two upper residential units—a 2-bedroom, 2-bath and a 1-bedroom, 1-bath—feature breathtaking, panoramic views spanning the Pier, crashing waves, pristine sand, the vast Pacific Ocean, and Palos Verdes, while the lower 1-bed unit also enjoys fantastic ocean views. All residential units have been beautifully and cosmetically remodeled with new flooring, contemporary cabinetry, and modern appliances. The ground-level space can be used for many things. Call agent for details. This property offers the ultimate flexibility as it can be delivered completely vacant at the close of escrow, providing immediate potential for an owner/user, tenant selection, or redevelopment of this prime coastal parcel, with estimated rents and expenses available.
Sold for $4,550,000
Listing Provided by: Strand Hill Properties
Bought with: Jensen Realty
$4,550,000
124 11th St, Manhattan Beach, CA 90266
4beds
4baths
3,966sqft
Mixed Use
Built in 1946
-- sqft lot
$4,567,300 Zestimate®
$1,147/sqft
$6,635 Estimated rent
Home value
$4,567,300
$4.16M - $5.02M
$6,635/mo
Zestimate® history
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$28,642/mo
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Fantastic ocean viewsContemporary cabinetryModern appliances
Zillow last checked:
Listing updated:
Listing Provided by:
Keith Kelley DRE #01810798 310-944-5554,
Strand Hill Properties
Bought with:
Daniel Jensen, DRE #01294017
Jensen Realty
Devin Jensen, DRE #01893875
Jensen Realty
Source: CRMLS,MLS#: PV25272373
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet, None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,966
- Total interior livable area: 3,966 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Entry location: Ground
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Coastline, Ocean, Panoramic, Pier, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Pier,Water
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Highway
Lot
- Size: 2,711 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4179018012
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Roof: Flat
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Water Sports
Location
- Region: Manhattan Beach
HOA & financial
Other financial information
- Total actual rent: 19000
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $4,550,000-3.2%$1,147/sqft |
Source:  CRMLS #PV25272373 Report a problem | ||
| 4/16/2026 | Pending sale | $4,700,000$1,185/sqft |
Source: CRMLS #PV25272373 Report a problem | ||
| 3/23/2026 | Contingent | $4,700,000$1,185/sqft |
Source: CRMLS #PV25272373 Report a problem | ||
| 2/27/2026 | Listed for sale | $4,700,000-17.9%$1,185/sqft |
Source: CRMLS #PV25272373 Report a problem | ||
| 1/20/2026 | Contingent | $5,725,000$1,444/sqft |
Source: CRMLS #PV25272373 Report a problem | ||
| 12/12/2025 | Listed for sale | $5,725,000-3.8%$1,444/sqft |
Source: CRMLS #PV25272373 Report a problem | ||
| 6/2/2023 | Listing removed | $5,950,000+3.9%$1,500/sqft |
Source:  CLAW #22-131783 Report a problem | ||
| 5/31/2022 | Sold | $5,725,000-3.8%$1,444/sqft |
Source: Public Record Report a problem | ||
| 3/8/2022 | Contingent | $5,950,000$1,500/sqft |
Source: CLAW #22-131783 Report a problem | ||
| 2/28/2022 | Listed for sale | $5,950,000-14.4%$1,500/sqft |
Source: CLAW #22-131783 Report a problem | ||
| 2/1/2022 | Listing removed | -- |
Source: CLAW #21-792162 Report a problem | ||
| 12/13/2021 | Price change | $6,950,000-12.6%$1,752/sqft |
Source:  CLAW #21792162 Report a problem | ||
| 10/6/2021 | Listed for sale | $7,950,000+329.7%$2,005/sqft |
Source: CLAW #21792162 Report a problem | ||
| 10/4/2002 | Sold | $1,850,000+15.6%$466/sqft |
Source: Public Record Report a problem | ||
| 11/30/1999 | Sold | $1,600,000+68.4%$403/sqft |
Source: Public Record Report a problem | ||
| 10/8/1997 | Sold | $950,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $68,455 +1.2% | $6,075,415 +2% |
| 2024 | $67,621 +2.6% | $5,956,290 +2% |
| 2023 | $65,908 +126.6% | $5,839,500 +131.3% |
| 2022 | $29,085 +1.3% | $2,524,875 +2% |
| 2021 | $28,720 +0.9% | $2,475,368 +1% |
| 2020 | $28,458 | $2,449,988 +2% |
| 2019 | $28,458 +3.9% | $2,401,950 +2% |
| 2018 | $27,391 | $2,354,854 +2% |
| 2017 | $27,391 +2.7% | $2,308,681 +2% |
| 2016 | $26,661 +4.5% | $2,263,413 +1.5% |
| 2015 | $25,519 | $2,229,415 +4.5% |
| 2012 | -- | $2,133,205 |
Find assessor info on the county website
Neighborhood: 90266
Nearby schools
GreatSchools rating
- 10/10Opal Robinson Elementary SchoolGrades: K-5Distance: 0.6 mi
- NAManhattan Beach PreschoolGrades: Distance: 1.4 mi
- 10/10Mira Costa High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$4,567,300
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Estimated market value
$4,567,300
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