124 17th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 3 bath

124 17th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$6,250,000
124 17th Street, Manhattan Beach, California 90266
4Beds
3Baths
1,720Sqft
2,695Lot
Year Built
1936
Close
-
List price
$6.25M
Original List price
$6.5M
Price/Sqft
$3,634
HOA
-
Days on market
-
Sold On
-
MLS number
SB25018935
Home ConditionGood
Features
Excellent View: Neighborhood, Ocean, Water
Deck
Patio
ViewNeighborhood, Ocean, Water

About this home

We found 3 Cons,6 Pros. Rank: price - $6.25M(91th), sqft - 1720(55th), beds - 4(64th), baths - 3(64th).

Discover a unique opportunity to own two prime Manhattan Beach residences, ideally located just steps from the iconic Manhattan Beach Strand and within walking distance to downtown’s renowned shopping and dining scene. Whether you're seeking a beachside primary residence with a second living unit, an A+ income property for a 1031 exchange, or a prime location for future development, this rare offering provides endless options. These two extraordinary homes—124 17th Street and 125 16th Place—are being sold together and provide the ultimate combination of location, versatility, and coastal living. The front residence enjoys coveted walk street frontage with breathtaking views, while the adjacent home, boasts a sprawling rooftop deck perfect for soaking in the sun and taking in iconic pier views. *124 17th Street* Step up onto the inviting sun-drenched porch and take in the white-water and sand views before entering this 2-bedroom Spanish-style gem. Filled with natural light, this home exudes laid-back beach charm, complete with gleaming hardwood floors and a seamless flow for relaxed living. The galley-style kitchen offers ample cabinetry and counter space, fully equipped for all your culinary needs. Glass sliders lead to a serene shaded courtyard, where evenings are best spent gathered around the fire pit, enjoying the coastal breeze. *125 16th Place* Just next door, this contemporary coastal haven is bathed in natural light, thanks to walls of glass that open up the space to ocean breezes and sunshine. The spacious 2-bedroom home features wide-plank hardwood floors and a luxe kitchen with white European-style cabinetry and blue-gray granite countertops, complemented by high-end Bosch stainless steel appliances. The primary suite offers a walk-in closet and a beautifully tiled ensuite bath, while a spiral staircase leads you to the show-stopping 681-square-foot rooftop deck. Here, ocean views, sea breezes, and sunshine create the perfect environment for outdoor dining, relaxation, and entertainment. Additional amenities include marble bathroom countertops, sleek electric shades in the main living area, a Sonos sound system throughout, and a 6-camera surveillance system with remote access for added peace of mind. Whether you choose to occupy both residences, live in one and rent the other, or capitalize on both as income-generating properties for future development, this exceptional Manhattan Beach location provides a wealth of possibilities.

Nearby schools

9/10
Grand View Elementary School
Public,K-50.4mi
9/10
Opal Robinson Elementary School
Public,K-50.8mi
10/10
Hermosa View Elementary School
Public,K-31.8mi
9/10
Manhattan Beach Middle School
Public,6-81.7mi
8/10
Hermosa Valley Elementary School
Public,4-81.8mi
9/10
Mira Costa High School
Public,9-121.7mi

Price History

Date
Event
Price
06/22/16
Sold
$2,900,000
12/11/13
Sold
$1,540,000
Condition Rating
Good

This property comprises two distinct residences. Unit 1 (124 17th Street), built in 1936, is a charming Spanish-style home with gleaming hardwood floors and a functional, well-equipped galley kitchen. While clean and well-maintained, its kitchen style and features are not considered 'new or virtually new' by current standards. Unit 2 (125 16th Place) is a contemporary haven that has been extensively renovated, featuring a luxe kitchen with high-end Bosch stainless steel appliances, sleek white European-style cabinetry, blue-gray granite countertops, wide-plank hardwood floors, and marble bathroom countertops. This unit's condition, style, and features are excellent and meet current quality standards. Given the blend of a recently updated, high-end unit and a well-preserved, charming older unit, the property is move-in ready with no immediate renovations required, warranting a 'Good' overall score.
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 Coastal Location & Views: Unparalleled proximity to Manhattan Beach Strand and downtown, offering coveted walk street frontage with breathtaking white-water, sand, ocean, and pier views.
Exceptional Versatility & Income Potential: Unique offering of two distinct residences provides diverse options for owner-occupancy with rental income, a 1031 exchange, or future development.
Modern Amenities & High-End Finishes: The contemporary unit (125 16th Place) features a luxe kitchen with Bosch appliances, wide-plank hardwood floors, Sonos sound, and advanced security, enhancing modern living.
Expansive Rooftop Deck: A significant 681 sqft rooftop deck offers panoramic ocean and pier views, creating an ideal space for outdoor entertaining and relaxation.
Dual Living Opportunities: Two separate homes cater to different lifestyles or rental strategies, maximizing the property's utility and appeal.

Cons

Premium Price Point: The $6.25 million list price positions this property in a highly exclusive market segment, potentially narrowing the buyer pool.
Age of Original Structure: The 1936 build year of one residence (124 17th Street) may suggest older systems or potential for maintenance considerations, despite its charm.
Limited Lot Size for Extensive Development: While offering development potential, the 2,695 sqft lot might be considered modest for significant new construction, especially for two units, potentially limiting future expansion.

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