124 11th, Manhattan Beach, California 90266, Manhattan Beach, 90266 - bed, bath

124 11th, Manhattan Beach, California 90266 home-pic-0
ACTIVE$5,725,000
124 11th, Manhattan Beach, California 90266
0Bed
0Bath
3,966Sqft
2,711Lot
Year Built
1946
Close
-
List price
$5.72M
Original List price
$5.72M
Price/Sqft
$1,444
HOA
-
Days on market
-
Sold On
-
MLS number
PV25272373
Home ConditionFair
Features
Excellent View: Coastline, Ocean, Panoramic, Pier, Water
ViewCoastline, Ocean, Panoramic, Pier, Water

About this home

We found 3 Cons,6 Pros. Rank: price - $5.72M(50th), sqft - 3966(50th), beds - undefined(50th), baths - undefined(50th).

This is an unparalleled mixed-use 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 4-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 commercial unit provides an ideal professional asset, complete with a half-bath, kitchen, open office space, and two private offices. 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.

Nearby schools

9/10
Opal Robinson Elementary School
Public,K-50.5mi
9/10
Grand View Elementary School
Public,K-50.7mi
10/10
Hermosa View Elementary School
Public,K-31.5mi
8/10
Hermosa Valley Elementary School
Public,4-81.5mi
9/10
Manhattan Beach Middle School
Public,6-81.6mi
9/10
Mira Costa High School
Public,9-121.4mi

Price History

Date
Event
Price
12/12/25
Listing
$5,725,000
05/31/22
Sold
$5,725,000
10/04/02
Sold
$1,850,000
11/30/99
Sold
$1,600,000
Condition Rating
Fair

While the residential units have been 'beautifully and cosmetically remodeled with new flooring, contemporary cabinetry, and modern appliances,' suggesting good interior condition for those specific areas, the property was built in 1946. The exterior appears dated, and the listing explicitly notes that the 'underlying structure and systems may require significant future capital expenditures beyond the recent cosmetic remodels.' This indicates that major systems are likely older and not within their expected lifespan, despite the interior updates. The overall condition, considering the age of the building and its underlying infrastructure, falls into the 'Fair' category, where the home is aged but maintained, and major components are functional but show signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime A++ Location: Unparalleled proximity to the legendary Strand, Manhattan Beach Pier, upscale dining, and boutique shopping, making it a highly coveted address.
Exceptional Ocean Views: Breathtaking, panoramic views of the Pier, crashing waves, pristine sand, the vast Pacific Ocean, and Palos Verdes from multiple residential units.
Versatile Mixed-Use Investment: A 4-unit property comprising three residential units and one commercial unit, offering diverse income streams and significant investment flexibility.
Recently Remodeled Residential Units: All residential units have been beautifully and cosmetically updated with new flooring, contemporary cabinetry, and modern appliances, enhancing tenant appeal.
Immediate Occupancy & Redevelopment Potential: The property can be delivered completely vacant, providing immediate potential for an owner/user, strategic tenant selection, or redevelopment of the prime coastal parcel.

Cons

Age of Building: Built in 1946, the underlying structure and systems may require significant future capital expenditures beyond the recent cosmetic remodels.
High Investment Cost: The list price of $5.725 million represents a substantial investment, potentially limiting the pool of prospective buyers.
Potential Parking Constraints: The property description does not specify dedicated parking for all four units, which could be a significant challenge in this high-demand, dense coastal area.

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