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2007 Highland, Manhattan Beach, California 90266, Manhattan Beach, 90266 - bed, bath

2007 Highland, Manhattan Beach, California 90266 home-pic-0
ACTIVE$2,175,000
2007 Highland, Manhattan Beach, California 90266
0Bed
0Bath
1,130Sqft
1,067Lot
Year Built
1939
Close
-
List price
$2.17M
Original List price
$2.17M
Price/Sqft
$1,925
HOA
-
Days on market
-
Sold On
-
MLS number
PW25263123
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $2.17M(36th), sqft - 1130(9th), beds - undefined(50th), baths - undefined(50th).

Prime Manhattan Beach duplex in “The Sand Section” just one block from the sand and near the iconic Manhattan Beach Pier! This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location. Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical. Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.

Nearby schools

9/10
Grand View Elementary School
Public,•K-5•0.2mi
9/10
Opal Robinson Elementary School
Public,•K-5•1.0mi
10/10
Hermosa View Elementary School
Public,•K-3•2.0mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.7mi
8/10
Hermosa Valley Elementary School
Public,•4-8•1.9mi
9/10
Mira Costa High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
11/19/25
Listing
$2,175,000
Condition Rating
Fair
The property, built in 1939, benefits from recent upgrades to essential systems including new water heaters, and upgraded plumbing and electrical, which are significant for its age. The studio bathroom appears to have been recently remodeled with modern subway tile. However, both kitchens are notably dated with older appliances (e.g., white range in studio, older black range in 2-bed unit), laminate countertops (yellow in studio, dark in 2-bed unit), and traditional cabinetry, suggesting renovations from 15-30 years ago. While functional, these areas require cosmetic updates to meet current market expectations and fully realize the property's 'value add potential'.
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).
Exceptional Coastal Location: Prime Manhattan Beach 'Sand Section' location, just one block from the sand and near the iconic Manhattan Beach Pier, offering unparalleled lifestyle and investment appeal.
Significant Value-Add Potential: Current rents are well-below market rates, presenting a substantial 52 percent potential upside for a new investor to increase income.
Income-Generating Duplex: The property consists of two distinct units (studio and 2-bedroom/1-bath), providing immediate rental income and flexibility for various investment strategies.
Key System Upgrades: Recent upgrades include new water heaters, and upgraded plumbing and electrical, reducing immediate capital expenditure on critical infrastructure.
Desirable Unit Features: The 2-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views, while the property also offers garage parking and a private patio, enhancing tenant appeal.

Cons

Property Age: Built in 1939, the property's age may imply potential for ongoing maintenance or renovation needs beyond the mentioned upgrades.
Below Market Rents (Current): While offering upside, the current below-market rents mean the property is not yet maximizing its income potential, requiring active management to achieve the stated returns.
Limited Lot Size: With a lot size of 1067 sqft, the property offers limited outdoor space and potentially restricted expansion opportunities for a duplex in a high-value area.

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