330 34th Place, Manhattan Beach, California 90266, Manhattan Beach, 90266 - bed, bath

330 34th Place, Manhattan Beach, California 90266 home-pic-0
ACTIVE$3,900,000
330 34th Place, Manhattan Beach, California 90266
0Bed
0Bath
5,392Sqft
2,696Lot
Year Built
1968
Close
-
List price
$3.9M
Original List price
$4.55M
Price/Sqft
$723
HOA
-
Days on market
-
Sold On
-
MLS number
OC25137868
Home ConditionFair
Features
Excellent View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $3.90M(82th), sqft - 5392(91th), beds - undefined(50th), baths - undefined(50th).

Are you looking for a 4-Plex in the world famous "sand section" of Manhattan Beach? This 4-Plex is comprised of 2 buildings (327 34th St and 330 34th Pl) on a single 30' x 90' parcel. Both buildings have a 2 Bedroom and 2 Bathroom unit upstairs with ocean views, and a 1 bedroom and 1 bathroom unit downstairs, as well as a 2 car garage and a common area deck to soak up the sun and relax. (4 units total on the parcel and 2 two-car garages on the parcel) 2 of the 4 units are tenant occupied (on month-to-month leases), and 2 of the units are vacant. Don't miss the opportunity to make this 4-Plex yours! With its amazing location and the upside for increases in rents, whether you are an investor or an owner/user, this property is an amazing investment opportunity! Due to its location, you have the option to do standard term lease rentals, short -term rentals, live in one unit and rent the others, etc. The opportunities are endless with this property. You know what they say in real estate... It is all about LOCATION, LOACATION, LOCATION, and this property is primely located within walking distance to the beach, all of the local shops, restaurants, bars, and entertainment. It is truly one of those "love where you live" locations. As you would imagine, this is extremely appealing to tenants, and is why there is never a shortage of renters willing to pay premium rents to live in the units.

Nearby schools

9/10
Grand View Elementary School
Public,K-50.5mi
9/10
Opal Robinson Elementary School
Public,K-51.6mi
10/10
Hermosa View Elementary School
Public,K-32.6mi
9/10
Manhattan Beach Middle School
Public,6-82.0mi
8/10
Hermosa Valley Elementary School
Public,4-82.6mi
9/10
Mira Costa High School
Public,9-122.4mi

Price History

Date
Event
Price
09/30/25
Price Change
$3,900,000-8.2%
08/31/25
Price Change
$4,250,000
06/23/25
Listing
$4,550,000
Condition Rating
Fair

Built in 1968, this property shows signs of being aged but maintained. The kitchen features outdated white appliances, older white cabinets, speckled countertops, and dated tile flooring, along with fluorescent box lighting. Popcorn ceilings are visible throughout the living areas and bedrooms. While the property appears functional and clean, and some flooring (hardwood, carpet) seems well-kept, it has not undergone a recent extensive renovation. It requires minor to moderate updates, particularly in the kitchen and likely the bathrooms (no images provided), to meet current aesthetic and quality standards.
Pros & Cons

Pros

Prime Coastal Location: Unbeatable location in the 'sand section' of Manhattan Beach, offering immediate walking access to the beach, local shops, restaurants, bars, and entertainment, ensuring high tenant appeal and desirability.
Income-Generating Quadruplex: A rare 4-plex property type in a highly sought-after area, providing significant multi-unit rental income potential and a robust investment opportunity.
Ocean Views & Desirable Unit Mix: Upper units feature valuable ocean views, and the property offers a versatile mix of 2-bedroom and 1-bedroom units, catering to a broad tenant demographic.
Strong Rental Market & Upside: The location guarantees high tenant demand, allowing for premium rents and substantial potential for future rent increases, enhancing long-term investment returns.
Flexible Investment/Owner-User Opportunity: The property's configuration and location support various strategies, including full investment, owner-occupancy with rental income, or short-term rentals, with two vacant units offering immediate flexibility.

Cons

Property Age & Potential for Updates: Built in 1968, the property may require significant capital expenditure for renovations and modernization to meet contemporary standards and maximize rental income, as no recent updates are specified.
Limited Lot Size: The 2,696 sqft lot is relatively small for a 4-plex in a prime coastal area, which could limit future expansion or redevelopment potential compared to larger parcels.
Recent Price Reductions: Multiple price reductions from the original list price of $4.55M to $3.9M suggest potential overpricing or challenges in attracting buyers at previous valuations, warranting a closer look at market comparables.

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