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Sold for $2,550,000
  • Listing Provided by: The CREM Group
    Bought with: The CREM Group
    Tax assessed value
    $2,550,000

    1400 15th St, Manhattan Beach, CA 90266

    6beds
    4baths
    2,600sqft
    Duplex
    Built in 1958
    -- sqft lot
    $2,523,700 Zestimate®
    $981/sqft
    $4,379 Estimated rent

    Home value

    $2,523,700

    $2.27M - $2.80M

    $4,379/mo

    Zestimate® history
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    $4,379/mo

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    $16,052/mo

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    What's special

    Spacious lotUpdated and turnkeyCorner lotSpacious driveway
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Patrick Sweeney DRE #01467079 949-973-6290,

    The CREM Group

    Bought with:

    Patrick Sweeney, DRE #01467079

    The CREM Group

    Source: CRMLS,MLS#: PW25034625MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Laundry Closet
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street, Tandem, Uncovered
    • Garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 7,466 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 4166008020
    • Zoning: MNRM
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Manhattan Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    3/20/2025Sold$2,550,000$981/sqft
    Source: CRMLS #PW25034625 Report a problem
    3/11/2025Pending sale$2,550,000$981/sqft
    Source: CRMLS #PW25034625 Report a problem
    3/1/2025Contingent$2,550,000$981/sqft
    Source: CRMLS #PW25034625 Report a problem
    2/16/2025Listed for sale$2,550,000+272.3%$981/sqft
    Source: CRMLS #PW25034625 Report a problem
    10/24/2018Listing removed$3,750$1/sqft
    Source: Vista Sothebys Realty #SB18204688 Report a problem
    9/9/2018Price change$3,750-6.1%$1/sqft
    Source: Vista Sothebys Realty #SB18204688 Report a problem
    8/23/2018Listed for rent$3,995$2/sqft
    Source: Vista Sothebys Realty #SB18204688 Report a problem
    9/11/2001Sold$685,000$263/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,168 +144.4%$2,550,000 +157%
    2024$11,934 +3.6%$992,091 +2%
    2023$11,523 +1.7%$972,639 +2%
    2022$11,331 +1.4%$953,568 +2%
    2021$11,179 +0.9%$934,872 +1%
    2020$11,078 $925,287 +2%
    2019$11,078 +4.4%$907,145 +2%
    2018$10,612 $889,359 +2%
    2017$10,612 +4.1%$871,921 +2%
    2016$10,196 +4.6%$854,825 +1.5%
    2015$9,748 +3.4%$841,986 +2%
    2014$9,430 $825,494 +2.5%
    2012-- $805,652 +2%
    2011-- $789,856 +0.8%
    2010-- $783,953 -0.2%
    2009-- $785,817 +2%
    2008-- $770,410 +2%
    2007-- $755,305 +2%
    2006-- $740,496
    2005-- $740,496 +4%
    2004-- $711,744 +1.9%
    2003-- $698,700 +2%
    2002-- $685,000 +577.2%
    2000-- $101,151

    Find assessor info on the county website

    Neighborhood: 90266

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,523,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,523,700