2007 Highland Ave Manhattan Beach, CA 90266
About This Home
Prime Manhattan Beach duplex in “The Sand Section” just one block from the sand and near the iconic Manhattan Beach Pier! This property is an excellent acquisition opportunity for any investor seeking an asset with value add potential in a trophy coastal location. Located at 2007 Highland Avenue, this duplex consists of a studio apartment on the ground floor and a two-bedroom/one-bath unit on the second floor. The studio features a remodeled bathroom, a sizable kitchen for a studio, and a separate sleep area. The two-bedroom unit boasts stunning vaulted ceilings and peekaboo ocean views. The property also offers garage parking, a private patio, new water heaters, and upgraded plumbing and electrical. Current rents are well-below market rates and offer a new investor a substantial 52 percent potential upside.
Listing Agent
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 11/19/2025
Co-Listing Agent
Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 1,067 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,130 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 36 / 7
- Assessor Parcel Number 4178012032
- $1,924 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $29,552
- Gross Income $63,000
- Net Operating Income $32,435
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,219 | $208,336 | $137,436 | $70,900 |
| 2024 | $4,219 | $204,252 | $134,742 | $69,510 |
| 2023 | $4,152 | $200,248 | $132,100 | $68,148 |
| 2022 | $4,099 | $196,322 | $129,510 | $66,812 |
| 2021 | $4,085 | $192,473 | $126,971 | $65,502 |
| 2019 | $4,066 | $186,766 | $123,206 | $63,560 |
| 2018 | $4,045 | $183,105 | $120,791 | $62,314 |
| 2016 | $4,019 | $175,997 | $116,101 | $59,896 |
| 2015 | $3,974 | $173,355 | $114,358 | $58,997 |
| 2014 | $3,954 | $169,960 | $112,118 | $57,842 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $1,875,000 | -5.1% | $1,659 / Sq Ft |
| 12/30/2025 12/30/25 | Price Changed | $1,975,000 | -9.2% | $1,748 / Sq Ft |
| 11/19/2025 11/19/25 | For Sale | $2,175,000 | 0.0% | $1,925 / Sq Ft |
| 06/14/2025 06/14/25 | Off Market | $3,400 | -- | -- |
| 05/23/2025 05/23/25 | Price Changed | $3,400 | 0.0% | $4 / Sq Ft |
| 05/23/2025 05/23/25 | For Rent | $3,400 | -2.9% | -- |
| 04/19/2025 04/19/25 | Off Market | $3,500 | -- | -- |
| 03/03/2025 03/03/25 | Price Changed | $3,500 | -6.7% | $4 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $3,750 | -6.3% | $4 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 02/03/2025 02/03/25 | For Rent | $4,000 | -- | -- |
| 02/03/2025 02/03/25 | For Rent | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25263123
APN: 4178-012-032
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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