$2,100,000

1406 17th St Manhattan Beach, CA 90266

Estimated payment $12,608/month

Total Views 4,404
4 Beds
2 Baths
1,440 Sq Ft
$1,458 Price per Sq Ft

Highlights

  • No Units Above
  • Private Yard
  • Ductless Heating Or Cooling System
  • Meadows Avenue Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

Introducing a rare and exceptional single level duplex in the highly sought-after neighborhood of East Manhattan Beach, just over a mile from the ocean. This property offers remarkable long-term income potential and exciting development opportunities. The duplex features two beautifully updated, turnkey 2-bedroom, 1-bathroom units, each with its own private outdoor space and an attached 2-car garage. Both units are equipped with modernized HVAC systems, ensuring comfort and efficiency. With 1,440 sq. ft. of living space on a nearly 5,000 sq. ft. lot, this property presents a solid investment opportunity, with annual rental income exceeding $77,000. Situated in a prime location, residents will enjoy easy access to top-rated schools like Meadows Avenue Elementary, Manhattan Beach Middle School, and the popular Polliwog Park—all within walking distance. This duplex is an excellent opportunity for investors seeking to capitalize on a strong rental market, the potential for value-add development, and the long-term appreciation prospects of the coveted Manhattan Beach market.

Listing Agent

Patrick Sweeney

The CREM Group Brokerage Phone: 949-973-6290 License #01467079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,648

Year Built

  • Built in 1957

Lot Details

  • 4,827 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 13 / 56
  • Tax Tract Number 141
  • Assessor Parcel Number 4166007018
  • $564 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $3,897
  • Gross Income $77,940
  • Net Operating Income $74,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,648

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Patrick Sweeney
  • Other Phone Number: 949-973-6290
  • Price Per Unit: 1050000
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: MNRM
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4166007018
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1458.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4827.00
  • Lot Size Acres: 0.1108

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 77940.00
  • Gross Scheduled Income: 77940.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4827.0000 Square Feet
  • Net Operating Income: 74043.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3897.00
  • Operating Expense Percent: 5.00
  • Rent Control: No
  • Total Actual Rent: 6495.00
  • Total Expenses: 3897.00

Tax Info

  • Tax Block: 56
  • Tax Census Tract: 6204.00
  • Tax Lot: 13
  • Tax Tract Number: 141
  • TaxOtherAnnualAssessmentAmount: 564.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,648 $894,540 $709,959 $184,581
2023 $10,322 $877,001 $696,039 $180,962
2022 $10,150 $859,806 $682,392 $177,414
2021 $10,028 $842,948 $669,012 $173,936
2020 $9,938 $834,306 $662,153 $172,153
2019 $9,766 $817,948 $649,170 $168,778
2018 $9,546 $801,911 $636,442 $165,469
2016 $8,758 $770,774 $611,729 $159,045
2015 $8,578 $759,197 $602,541 $156,656
2014 $8,471 $744,327 $590,739 $153,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $2,100,000 -- $1,458 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Provident Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $155,500 Lawyers Title
Grant Deed $630,000 Lawyers Title
Interfamily Deed Transfer -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $388,350 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $490,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $504,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25065600

California Regional Multiple Listing Service (CRMLS)

APN: 4166-007-018