$2,499,000

223 Shell St Manhattan Beach, CA 90266

Estimated payment $14,025/month

Total Views 1,139
5 Beds
3 Baths
1,901 Sq Ft
$1,315 Price per Sq Ft

Highlights

  • Popular Property
  • Ocean View
  • Recessed Lighting
  • Grand View Elementary School Rated A
  • Living Room Balcony
  • Laundry Room

About This Home

Unit Mix: (1) 3-Bedroom unit with recently signed lease (within the past year) | (1) 2-Bedroom unit currently VACANT ~ Set just blocks from the ocean, 223 Shell Street presents a rare 1,901 SF duplex opportunity in one of Manhattan Beach’s most desirable coastal locations. With covered parking spaces and a versatile unit mix, the property offers both comfort and convenience moments from the beach and downtown. The front upper-level unit features three bedrooms and bright, inviting living spaces. The large living and dining areas are filled with natural light and enhanced by recessed lighting, creating an airy setting for everyday living and entertaining. Between the kitchen and dining area, large sliding glass doors open to a front-facing ocean-view terrace, offering an extension of the living space. The updated kitchen is equipped with stainless steel appliances and includes an in-unit washer and dryer for added convenience. Each bedroom is light and bright with generous closet space, while the primary suite features an en-suite bath. A second full bathroom with dual vanities serves the two additional bedrooms. The rear vacant unit offers two bedrooms and a comfortable, functional layout. The kitchen is finished with stainless steel appliances and granite countertops, while both bedrooms are generously sized and provide ample closet space. A renovated full bathroom adds both style and convenience. Blocks from the ocean and moments to downtown Manhattan Beach, this oceanside duplex offers a rare opportunity to enjoy coastal living, ocean views, investment potential, and multigenerational flexibility in an exceptional location. 3 Bed Unit - $4,800 per month | 2 Bed Unit - Currently Vacant, previously getting $3,295 per month.

Listing Agent

Lauren Forbes

Compass Brokerage Phone: 310-901-8512 License #01295248 Listed on: 04/08/2026

Compass

Co-Listing Agent

Jagger Kroener

Compass Brokerage Phone: 310-901-8512 License #01984562

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 1,711 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Ocean Views
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Features

  • Living Room Balcony
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137006010

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $30,000
  • Net Operating Income $67,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

1,711 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 2.70
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4137006010
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1314.57

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1711.00
  • Lot Size Acres: 0.0393

Multi Family

  • Gross Scheduled Income: 97140.00
  • Lot Size Area: 1711.0000 Square Feet
  • Net Operating Income: 67140.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 30000.00
  • Rent Control: Yes
  • Total Expenses: 30000.00

Tax Info

  • Tax Block: 6
  • Tax Lot: 2
  • Tax Tract Number: 4103

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 $8,203 $517,723 $362,418 $155,305
2024 $8,203 $507,572 $355,312 $152,260
2023 $8,032 $497,621 $348,346 $149,275
2022 $7,927 $487,865 $341,516 $146,349
2021 $7,876 $478,300 $334,820 $143,480
2019 $5,795 $464,115 $324,890 $139,225
2018 $5,666 $455,016 $318,520 $136,496
2016 $5,103 $437,349 $306,152 $131,197
2015 $5,000 $430,781 $301,554 $129,227
2014 $4,944 $422,343 $295,647 $126,696
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 For Sale $2,499,000 -- $1,315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26073464

California Regional Multiple Listing Service (CRMLS)

APN: 4137-006-010

Your Personal Tour Guide

Ask me questions while you tour the home.