$2,700,000
SOLD NOV 7, 2025

1534 Manhattan Beach Blvd Manhattan Beach, CA 90266

7 Beds
5 Baths
3,108 Sq Ft
4,959 Sq Ft Lot

Recently Sold

$869 Per Sq Ft

10% Below List Price

16 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 3-minute walk to Manhattan Heights Park
  • Aurelia Pennekamp Elementary School Rated A

About This Home

As of November 2025

Prime 4-unit investment opportunity in the heart of Manhattan Beach. Located at 1534 Manhattan Beach Blvd, this well-maintained property features a desirable unit mix with a fully detached spacious 3-bedroom, 2-bath front unit with a private deck and private back yard, two recently remodeled 1-bedroom, 1-bath units, and a 2-bedroom, 1-bath unit. All units are in excellent condition, offering strong tenant appeal and minimal upkeep. The property provides four enclosed garage spaces. Ideally positioned just minutes from Downtown Manhattan Beach, Hermosa Beach, and El Segundo, residents enjoy easy access to award-winning schools, shopping, dining, the 405 freeway, and major commuter routes. This is a rare chance to own a turnkey, income-producing asset in one of the South Bay’s most sought-after rental markets.

Last Agent to Sell the Property

Austin Zahn

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-613-1251 License #01936451 Listed on: 09/22/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Estate, Inc. License #01399621

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,345

Year Built

  • Built in 1960

Lot Details

  • 4,959 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,108 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 4164032006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $46,482
  • Gross Income $171,540
  • Net Operating Income $119,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,345

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4164032006
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 868.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4959.00
  • Lot Size Acres: 0.1138
  • Latitude Manual: 33.88727400

Multi Family

  • Gross Income: 171540.00
  • Gross Scheduled Income: 171540.00
  • Lot Size Area: 4959.0000 Square Feet
  • Net Operating Income: 119912.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 46482.00
  • Rent Control: No
  • Total Expenses: 46482.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2025
Closed on
Oct 23, 2025
Sold by
Duncan Corp Inc
Bought by
Family Trust and Boll
Seller's Agent
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6997.02%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Ioimo Charles and Ioimo Kristina
Bought by
Ioimo Charles and Ioimo Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Vellozzi Oconnor Lorraine and Vellozzi Oconnor Family Trust
Bought by
Ioimo Charles and Ioimo Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1999
Sold by
Vellozzi Oconnor Lorraine
Bought by
Vellozzi Oconnor Lorraine and The Vellozzi Oconnor Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.73%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Vellozzi Oconnor Lorraine and The Vellozzi Oconnor Family Tr
Bought by
Vellozzi Oconnor Lorraine and Jensen Darrell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 18, 1997
Sold by
Oconnor Lorraine Vellozzi
Bought by
Vellozzi Oconnor Lorraine and The Vellozzi Oconnor Family Tr

Purchase Details

Closed on
Nov 14, 1997
Sold by
Jensen Darrell E and Jensen Susan J
Bought by
Jensen Darrell E and Jensen Susan J

Purchase Details

Closed on
Dec 27, 1996
Sold by
Wynne Virginia F
Bought by
Oconnor Lorraine Vellozzi and Jensen Darrell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
7.74%

Purchase Details

Closed on
Dec 21, 1996
Sold by
Wynne Donald W
Bought by
Wynne Virginia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Type Sale Price Title Company
Grant Deed $2,700,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $1,237,000 Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- Old Republic Title
Interfamily Deed Transfer -- --
Grant Deed $412,000 Commonwealth Title
Interfamily Deed Transfer -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $652,000 New Conventional
Previous Owner $570,000 Purchase Money Mortgage
Previous Owner $357,000 No Value Available
Previous Owner $309,000 No Value Available
Closed $41,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Sold $2,700,000 -9.8% $869 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
09/22/2025 09/22/25 For Sale $2,995,000 +9.8% $964 / Sq Ft
06/30/2021 06/30/21 Sold $2,727,000 +1.2% $651 / Sq Ft View Prior Sale
05/28/2021 05/28/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $2,695,000 -- $643 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $33,345 $2,951,790 $1,407,161 $1,544,629
2024 $33,345 $2,893,913 $1,379,570 $1,514,343
2023 $32,450 $2,837,170 $1,352,520 $1,484,650
2022 $31,893 $2,781,540 $1,326,000 $1,455,540
2021 $18,780 $1,592,950 $820,299 $772,651
2020 $18,611 $1,576,617 $811,888 $764,729
2019 $18,286 $1,545,704 $795,969 $749,735
2018 $17,895 $1,515,397 $780,362 $735,035
2017 $17,344 $1,485,684 $765,061 $720,623
2016 $16,583 $1,456,554 $750,060 $706,494
2015 $16,244 $1,434,676 $738,794 $695,882
2014 $16,040 $1,406,574 $724,323 $682,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25222505

California Regional Multiple Listing Service (CRMLS)

APN: 4164-032-006