$4,500,000
SOLD APR 24, 2025

117 Eighth St Manhattan Beach, CA 90266

6 Beds
7 Baths
3,614 Sq Ft
2,701 Sq Ft Lot

Recently Sold

$1,245 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Wall Furnace
  • Opal Robinson Elementary School Rated A

About This Home

As of April 2025

Prime Investment Opportunity 7-Unit Coastal Gem in Manhattan Beach. Located just steps from the sand and surf, this exceptional seven-unit property in Manhattan Beach offers an unbeatable location on the highly sought-after walk streets, west of Highland Avenue. Just south of the Manhattan Beach Pier and the vibrant downtown Manhattan Beach scene, this Strand-adjacent building is the perfect opportunity for investors seeking strong rental demand in one of Southern California’s most desirable beachfront communities. This well-maintained property features six spacious 1-bedroom, 1-bathroom units and 1 charming studio apartment, all designed to capture the relaxed coastal lifestyle that makes Manhattan Beach so special. Tenants will enjoy the convenience of being just a few blocks from world-class dining, boutique shopping, coffee shops, and the iconic Manhattan Beach Strand, where breathtaking ocean views and beachside living define the neighborhood’s appeal.With an unbeatable location, strong rental upside, and the endless appeal of Manhattan Beach living, this rare multi-unit offering presents an incredible opportunity for investors or owner-users looking to capitalize on prime coastal real estate. Don’t miss your chance to own a piece of this prestigious beachside community!

Last Agent to Sell the Property

William Herman

Pierside Realty, Inc. Brokerage Phone: 310-991-0266 License #00479473 Listed on: 03/06/2025

Co-Listed By

David Caskey

eXp Realty of California Inc Brokerage Phone: 310-991-0266 License #01198999

Last Buyer's Agent

Sera Najarian

Douglas Elliman of California, Inc License #01943060

Douglas Elliman of California, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,701 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Property Attached
  • Flat Roof Shape

Interior Spaces

  • 3,614 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 7 / 9
  • Assessor Parcel Number 4179014006
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 678571
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4179014006
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1245.16

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2701.00
  • Lot Size Acres: 0.0620

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Lease Term: Month To Month
  • Lot Size Area: 2701.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Rent Control: Yes

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 6209.04
  • Tax Lot: 7

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $4,500,000 -5.3% $1,245 / Sq Ft
03/06/2025 03/06/25 For Sale $4,750,000 -- $1,314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25049784

California Regional Multiple Listing Service (CRMLS)