PENDING
$380K PRICE DROP
232 29th St Manhattan Beach, CA 90266
Estimated payment $22,669/month
Total Views
6,869
6
Beds
6
Baths
4,195
Sq Ft
$952
Price per Sq Ft
Highlights
- Laundry Room
- Central Heating
- 1-minute walk to Bruce's Beach
- Grand View Elementary School Rated A
- Bike Trail
About This Home
232 29th Street is a rare triplex opportunity located on a highly coveted walkstreet on a full street-to-alley lot in the heart of Manhattan Beach. Just steps from the Strand and the 30th Street lifeguard tower—and only two blocks from Bruce’s Beach—this pride-of-ownership property blends timeless coastal charm with exceptional owner-user flexibility.
The building features an ideal unit mix of (3) spacious 2-bedroom, 2-bathroom units—perfect for an owner-occupant or value-add investor. The owner’s unit showcases high ceilings and a private upstairs balcony that opens directly onto the walkstreet, creating a true indoor-outdoor beachside living experience. There is also ample parking with a large 4-car garage and 2 additional carport spaces.
Residents enjoy access to private rooftop areas with panoramic ocean views stretching from Palos Verdes to Malibu—an elevated amenity that enhances both lifestyle and long-term value.
Further enhancing the investment potential, the property is located in the Coastal Zone, allowing for the possibility of short-term rental use—ideal for maximizing income in a premier beachside location.
With its unbeatable location, versatile layout, and incredible views, 232 29th Street presents a rare opportunity to own a prime piece of Manhattan Beach just steps from the sand.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 05/19/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717819
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,331
Year Built
- Built in 1957
Lot Details
- 2,698 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- 2 Carport Spaces
Home Design
- Triplex
Interior Spaces
- 4,195 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Heating
Listing and Financial Details
- Legal Lot and Block 1 / 10
- Tax Tract Number 1
- Assessor Parcel Number 4176022001
- $823 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $6,293
- Maintenance Expense $9,000
- Other Expense $2,550
- New Taxes Expense $45,572
- Operating Expense $65,934
- Gross Income $258,000
- Net Operating Income $184,326
Map
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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 | $11,331 | $957,844 | $521,887 | $435,957 |
| 2024 | $11,331 | $939,063 | $511,654 | $427,409 |
| 2023 | $10,989 | $920,651 | $501,622 | $419,029 |
| 2022 | $10,805 | $902,600 | $491,787 | $410,813 |
| 2021 | $10,698 | $884,903 | $482,145 | $402,758 |
| 2019 | $10,420 | $858,659 | $467,846 | $390,813 |
| 2018 | $10,188 | $841,823 | $458,673 | $383,150 |
| 2016 | $9,332 | $809,136 | $440,863 | $368,273 |
| 2015 | $9,143 | $796,983 | $434,241 | $362,742 |
| 2014 | $9,034 | $781,372 | $425,735 | $355,637 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Price Changed | $3,995,000 | -8.7% | $952 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $4,375,000 | -- | $1,043 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Progressive Title | |
| Interfamily Deed Transfer | -- | Progressive Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | American Coast Title | |
| Interfamily Deed Transfer | -- | American Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $470,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $189,200 | Credit Line Revolving | |
| Previous Owner | $430,000 | No Value Available |
Source: Public Records
Similar Homes in Manhattan Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25111168
APN: 4176-022-001
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