127 16th St, Manhattan Beach, CA 90266 - Photo 1

1/1

$5,750,000

Sold
Closed
Multi-Family
5 Total Beds

1/1

Property Description

A true legacy property this ultra-rare walk street-to-alley lot offers unmatched versatility, consistent cash flow, and blue-chip appreciation potential in one of the most coveted coastal markets in the country. Just four doors from the sand on a sun-soaked, south-facing walk street, this full 30 x 90 lot sits in the heart of Manhattan Beach's elite Sand Section. Whether you're looking to develop two premium units, create a dream live/rent scenario, or hold for steady income and long-term growth, the opportunity here is exceptional and nearly impossible to replicate. Positioned on a quiet, prestigious block just steps to the pier, downtown shops, restaurants, and the Strand, this is beach front investment at its finest.

Full Property Details

Full Property Details for 127 16th St

General

Sold For: $5,750,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 25542549
Added to Site: 239 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: In Unit

Additional Information

Other Features: None

Parking

Garage Description: Garage - 2 Car, Carport

Location

Area: Manhattan Beach Sand
County: Los Angeles
Driving Directions: North of Manhattan Beach Blvd, South of Marine Ave, West of Highland Ave.

Heating & Cooling

Cooling Type: None
Heating Type: Central

Structural Information

# Buildings: 2
Stories/Levels: 2
Square Feet: 2,157
Sq. Ft. Source: Assessor
Year Built: 1924
Year Built Source: Assessor

Unit Information

Units in Complex: 2
Unit Type: 2106, 2107

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 2
Bedrooms: 3

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.062
Lot Size: 2700
Lot Size Source: Assessor
Zoning: MNRM

Financial Considerations

Price Per Sq. Ft.: $2,874.36
Assessment Year: 1924

Disclosures and Reports

Disclosures/Reports: As Is
APN: 4178-003-018

Listed and Sold by Pardee Properties, Alex Baker

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Listing agent

— 127 16th St —

Alex Baker

Pardee Properties

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Schools

Schools serving 127 16th St

School District:Manhattan Beach Unified School District

Name	Grades	Distance
Grand View Elementary School, Manhattan Beach, CA 455 24th Street, Manhattan Beach, CA 90266	K-5	0.4 mi
Manhattan Beach Middle School 1501 North Redondo Avenue, Manhattan Beach, CA 90266	6-8	1.7 mi
Mira Costa High School 1401 Artesia Boulevard, Manhattan Beach, CA 90266	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 127 16th St

Date

Details

Price

Change

Source

9/22/2025

Sold

$5,750,000

-7.26%

MLS

5/22/2025

Listed

$6,200,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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