NOT LISTED FOR SALE

127 16th St Manhattan Beach, CA 90266

Manhattan Beach Area

Estimated Value: $5,604,000 - $6,090,000

5 Beds
3 Baths
2,157 Sq Ft
$2,704/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2025

Last sale price $5,750,000 $2,666 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $32,145 / mo

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Central Heating
  • 5-minute walk to Live Oak Park
  • Grand View Elementary School Rated A

About This Home

As of September 2025

A true legacy property this ultra-rare walk street-to-alley lot offers unmatched versatility, consistent cash flow, and blue-chip appreciation potential in one of the most coveted coastal markets in the country. Just four doors from the sand on a sun-soaked, south-facing walk street, this full 30 x 90 lot sits in the heart of Manhattan Beach's elite Sand Section. Whether you're looking to develop two premium units, create a dream live/rent scenario, or hold for steady income and long-term growth, the opportunity here is exceptional and nearly impossible to replicate. Positioned on a quiet, prestigious block just steps to the pier, downtown shops, restaurants, and the Strand, this is beach front investment at its finest.

Last Agent to Sell the Property

Alex Baker

Pardee Properties License #01999006 Listed on: 05/22/2025

Last Buyer's Agent

Alex Baker

Pardee Properties License #01999006 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 2,700

Interior Spaces

  • 2,157 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Additional Features

  • 2,700 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4178-003-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

2,700 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2157
  • Lot Acreage: 0.0620
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Family Room
  • Bedrooms: 5
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Dishwasher, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2874.36

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Carport
  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 36.39
  • Assessed Improvement Value: 104607
  • Assessed Land Percent: 63.61
  • Assessed Land Value: 182839
  • Total Assessed Value: 287446
  • Assessor Parcel Number: 4178-003-018
  • Lot Size Area: 2700

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Traditional

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Nov 13, 2025
Sold by
Bought by
Seller's Agent
Alex Baker
Pardee Properties
Buyer's Agent
Alex Baker
Pardee Properties
List Price
$6,200,000
Sold Price
$5,750,000
Premium/Discount to List
-$450,000
-7.26%
Views
14
Current Estimated Value
$5,833,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,542
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Jun 23, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,750,000 Lawyers Title Company
$5,750,000 Lawyers Title Company
-- Clearmark Title
-- None Available
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $702,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $5,750,000 -7.3% $2,666 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $6,200,000 -- $2,874 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,310 $293,194 $186,495 $106,699
2024 $5,248 $287,446 $182,839 $104,607
2023 $5,097 $281,810 $179,254 $102,556
2022 $5,027 $276,286 $175,740 $100,546
2021 $4,987 $270,870 $172,295 $98,575
2020 $4,991 $268,094 $170,529 $97,565
2019 $4,943 $262,838 $167,186 $95,652
2018 $4,870 $257,685 $163,908 $93,777
2016 $4,773 $247,682 $157,545 $90,137
2015 $4,712 $243,963 $155,179 $88,784
2014 $4,681 $239,185 $152,140 $87,045
Source: Public Records

Agents Affiliated with this Home

  • Alex Baker

    Seller's Agent in 2025

    Alex Baker

    Pardee Properties

    (310) 902-3265

    31 Total Sales

    Alex Baker
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Map

Source: The MLS

MLS Number: 25542549

The MLS

APN: 4178-003-018

California Los Angeles County Manhattan Beach 90266

127 16th St, Manhattan Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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