Sotheby’s International Realty

127 16TH STREET, MANHATTAN BEACH, CA 90266

127 16th Street
Manhattan Beach, CA 90266

$7,200,000

Beds: 5
Baths: 3
Sq. Ft.: 2,157
Type: Single Family Home
Listing #OC17166294
LOCATION LOCATION LOCATION Full 30 x 90 walkstreet to alley lot just 4 houses from the sand on a sunny south facing lot. The property is on one of the very best streets in Manhattan's sand section - a quiet street yet just a short walk to downtown restaurants, shops and the pier. One of the last undeveloped lots in the area is ready for you to build your dream home or perhaps two on a lot to live in one and rent out the other (new buyer to verify this option). Currently the property has two separate units which bring in a combined monthly income of $10,000 and are easy to rent due to the close proximity to the beach. The walk street house is 2 bedroom 1 bath with a white water ocean view from the living room and the charm of the 1920's when it was built. The alley house has 3 bedrooms 2 baths and was recently remodeled with new hardwood floors, kitchen and bathrooms. It has an open kitchen, dining room and living room all with ocean views which would be stunning once built into a three story home. The combined square footage of both houses is 2157. Note: all utilities in this area of Manhattan Beach were put underground a few years back so the views are not obstructed by poles and wires.
Property Features
Location Information
County: Los Angeles
MLS Area: Manhattan Bch Sand
Community: Street Lighting
Directions: Cross Streets: Ocean Dr
Interior Features
Common Walls: No Common Walls
Windows/Doors Description: Doors: , Windows:
Rooms: Kitchen, Living Room
Full Baths: 3
Has Dining Room: yes
Eating Area: Dining Room
Has Fireplace: yes
Fireplace Description: Living Room
Cooling: None
Floors: Carpet, Tile, Wood
Laundry: Dryer Included, In Closet, Washer Included
Appliances: Built In Range, Dishwasher, Electric Oven, Garbage Disposal, Refrigerator
Exterior Features
Stories: One
Construction: Stucco
Roof: Composition
Water Source: Public
Has Garage: yes
Garage Spaces: 2
Parking Spaces: 3
Fencing: None
Has a Pool: No
Pool Description: None
Lot Description: Level with Street
Lot Size in Acres: 0.06
Approximate Size (Sq. Ft.): 2, 157
Lot Size in Sq. Ft.: 2, 700
Zoning: MNRM
Has View: yes
View Description: Ocean
Is One Story: yes
School
School District: Manhattan Unified
Additional Information
Property Type: SFR
Property SubType: Duplex
Year Built: 1924
APN: 4178003018
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Garage Description: Has Attached Garage
Lot Square Feet Source: Seller
List Date: 2017-07-25 00:00:00.0


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: David Bezeau HomeBay Broker Ca, Inc - CA BRE # shown above if in IDX data
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©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 21, 2017 9:03 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.