$3,615,000
SOLD SEP 9, 2025

3104 Ocean Dr Manhattan Beach, CA 90266

4 Beds
4 Baths
2,214 Sq Ft
1,352 Sq Ft Lot

Recently Sold

$1,633 Per Sq Ft

7% Below List Price

133 Days on Market

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • Grand View Elementary School Rated A
  • Hiking Trails
  • Rectangular Lot

About This Home

As of September 2025

We are pleased to present 3104 Ocean Drive, Manhattan Beach, ideally located just two lots from The Strand. This charming triplex offers a unique combination of oceanfront living and excellent investment potential. The property includes a spacious 2-bedroom, 2-bathroom townhome-style unit with breathtaking ocean views, as well as two 1-bedroom, 1-bathroom units, also offering stunning ocean vistas from the upper-level unit. The total living space measures 2,214 square feet, and there are four enclosed garage parking spaces on the ground level. This property is perfect for an owner-user -the previous owner lived in the 2-bedroom townhome and rented out the two 1-bedroom units. It also offers strong investment potential, whether as long-term rentals, short-term rentals, or a combination of both. Don’t miss the opportunity to own a multi-unit property in one of Manhattan Beach’s most desirable locations.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-447-2213 License #01981597 Listed on: 04/03/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-447-2213 License #01944770

Last Buyer's Agent

Glenn McCuen

Compass License #02151908

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1940

Lot Details

  • 1,352 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 2nd floor

Interior Spaces

  • 2,214 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 620
  • Assessor Parcel Number 4176026015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,657
  • Operating Expense $62,300
  • Gross Income $176,400
  • Net Operating Income $108,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 1298333
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4176026015
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Stories: 3
  • Entry Location: side
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: Two, Three Or More
  • Price Per Square Foot: 1632.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 1352.00
  • Lot Size Acres: 0.0310
  • Latitude Manual: 33.89723600

Multi Family

  • Gross Income: 176400.00
  • Gross Scheduled Income: 176400.00
  • Insurance Expense: 2657.00
  • Lot Size Area: 1352.0000 Square Feet
  • Net Operating Income: 108808.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 62300.00
  • Rent Control: No
  • Total Expenses: 62300.00

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 620...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Aug 28, 2025
Sold by
Robert And Parisa Mills Family Trust and Mills Robert P
Bought by
Macobeda Property Llc
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Glenn McCuen
Compass
List Price
$3,895,000
Sold Price
$3,615,000
Premium/Discount to List
-$280,000
-7.19%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,590,000
Outstanding Balance
$2,590,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,025,000

Purchase Details

Closed on
Aug 16, 2022
Sold by
Mills Robert P
Bought by
Robert And Parisa Mills Family Trust

Purchase Details

Closed on
Aug 22, 2002
Sold by
Mills Robert P
Bought by
Mills Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 19, 1997
Sold by
Mills Robert P
Bought by
Mills Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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 $3,615,000 First American Title Company
Grant Deed $3,615,000 First American Title Company
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,590,000 New Conventional
Previous Owner $100,000 Stand Alone Second
Previous Owner $1,375,000 Unknown
Previous Owner $1,200,000 Unknown
Previous Owner $100,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $3,615,000 -7.2% $1,633 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $3,895,000 0.0% $1,759 / Sq Ft
07/31/2024 07/31/24 Rented $5,500 +0.9% --
07/08/2024 07/08/24 Off Market $5,450 -- --
06/24/2024 06/24/24 For Rent $5,450 +9.0% --
04/27/2022 04/27/22 Rented $5,000 0.0% --
12/17/2021 12/17/21 Price Changed $4,999 -9.0% $6 / Sq Ft
10/29/2021 10/29/21 For Rent $5,495 +19.5% --
07/06/2018 07/06/18 Rented $4,600 +15.1% --
06/22/2018 06/22/18 Price Changed $3,995 -7.0% $5 / Sq Ft
05/20/2018 05/20/18 Price Changed $4,295 -4.4% $5 / Sq Ft
03/29/2018 03/29/18 For Rent $4,495 +12.5% --
12/23/2016 12/23/16 Rented $3,995 0.0% --
07/07/2016 07/07/16 For Rent $3,995 0.0% --
06/18/2016 06/18/16 Rented $3,995 0.0% --
05/25/2016 05/25/16 Price Changed $3,995 -9.1% $5 / Sq Ft
03/28/2016 03/28/16 Price Changed $4,395 -2.2% $5 / Sq Ft
03/09/2016 03/09/16 Price Changed $4,495 -4.3% $6 / Sq Ft
02/18/2016 02/18/16 Price Changed $4,695 -6.0% $6 / Sq Ft
01/12/2016 01/12/16 For Rent $4,995 0.0% --
11/22/2015 11/22/15 Rented $4,995 0.0% --
10/06/2015 10/06/15 For Rent $4,995 -- --
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 $3,234 $232,363 $160,314 $72,049
2024 $3,234 $227,808 $157,171 $70,637
2023 $3,434 $223,342 $154,090 $69,252
2022 $3,751 $218,964 $151,069 $67,895
2021 $3,868 $214,671 $148,107 $66,564
2019 $3,754 $209,086 $143,715 $65,371
2018 $3,714 $205,003 $140,898 $64,105
2016 $3,471 $196,295 $135,428 $60,867
2015 $3,411 $193,347 $133,394 $59,953
2014 $3,386 $189,560 $130,781 $58,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25071797

California Regional Multiple Listing Service (CRMLS)

APN: 4176-026-015