409 16th Street
Listed by David Caskey CA DRE# 01198999 with eXp Realty of California Inc 310-200-1960
Coming Soon

409 16th Street

409 16th Street, Manhattan Beach, CA 90266

$4,700,000
An exceptional investment opportunity on one of Manhattan Beach's desirable Walk Streets, this duplex offers two spacious residences just blocks from the beach, downtown, and the Manhattan Beach Pier. Centrally located in the heart of Manhattan Beach, this elevated home sits high on a 2,692 square foot lot.

Both units offer comfortable living spaces, abundant natural light, hardwood floors, and private outdoor areas. The front unit sits high off the walk street and has great views from the patio and living area. This unit features approximately 1,750 square feet with 3 bedrooms, 2 bathrooms, and a bonus room and offers an open living and dining area, spacious kitchen, and flexible bonus space. The rear unit of approximately 1,100 square feet features a charming living room with a fireplace and a bright kitchen with breakfast bar, 3 bedrooms and 2 bathrooms and a private back patio.

With projected rents of $7,500+ per month for the front unit and $5,000+ per month for the rear unit, the property offers excellent income potential. Live in one and rent the other, accommodate extended family, or utilize both as investment properties. A great opportunity to own a duplex on a Manhattan Beach Walk Street with the beach, restaurants, shops, schools, and downtown all just steps away.

Studio

2,763 Sq.Ft. LIVING AREA

2,692 Sq.Ft. lot

Dave Caskey

Dave Caskey

Mike Burns

Mike Burns

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Inside, In Garage, See Remarks
  • Fireplace Living Room

Area & Lot

  • Status Coming Soon
  • Living Area2,763 Sq.Ft.
  • Total Area2,763 Sq.Ft.
  • Lot Area2,692 Sq.Ft.
  • MLS® IDSB26182735
  • TypeMulti-Family
  • YEAR BUILT1925
  • NeighborhoodManhattan Beach
  • View DescriptionNeighborhood, Peek-A-Boo

Exterior

  • STORIES2
  • Garage Space3.0
  • water SourcePublic
  • PoolNone
  • lot features0-1 Unit/Acre, Near Park
  • parkingGarage
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$4,700,000
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Manhattan Beach

Situated along a gorgeous stretch of coastline defined by white sandy beaches lies the idyllic city of Manhattan Beach.

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