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203 15th Street

Manhattan Beach, CA 90266
  • $3,299,000
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: SB25004839
UPDATED: 7 min ago
$3,299,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Listing Agent(s): Kevin Pratt of Strand Hill Properties (310-545-0707)


Description

Prime Downtown Manhattan Beach location, excellent development opportunity! This well maintained triplex is situated on 15th Street where Manhattan Avenue ends. Best priced full street to alley lot below Highland Ave in the sand section. Only steps to the beach, restaurants, shops and the famous MB Pier! Ocean view from two front units. Incredible large back deck for entertaining and sun bathing. All units are 2 bedrooms plus 1 bathroom and are month to month. Located in a zone that allows short term rentals creating fantastic upside for investors.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T20:33:38.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159294744
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203 15th Street Manhattan Beach, CA 90266

  • Price: $3,299,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 7 min ago
  • MLS #: SB25004839
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1952
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
Prime Downtown Manhattan Beach location, excellent development opportunity! This well maintained triplex is situated on 15th Street where Manhattan Avenue ends. Best priced full street to alley lot below Highland Ave in the sand section. Only steps to the beach, restaurants, shops and the famous MB Pier! Ocean view from two front units. Incredible large back deck for entertaining and sun bathing. All units are 2 bedrooms plus 1 bathroom and are month to month. Located in a zone that allows short term rentals creating fantastic upside for investors.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Near Park Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.1 Common Interest None Community Features BikingPark Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 149340 Gross Scheduled Income 149340 Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Closet Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 103340 New Construction YN No New Taxes Expense 40000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 46000 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T20:33:38.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Kevin Pratt of Strand Hill Properties (310-545-0707)