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Meridian Real Estate & Investments
121 28th Street, Manhattan Beach, CA 90266
- $4,999,000
- 2
- BD
- 2
- BA
- 872
- SqFt
- List Price
- $4,999,000
- Status
- ACTIVE
- MLS#
- SB26225120
- Year Built
- 1926
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 872
- Lot Size
- 2,697
- Acres
- 0.06
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 20
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
RARE FULL RH LOT IN THE SAND SECTION, IN ONE FAMILY SINCE 1926. Fewer than 1 in 10 RH-zoned parcels between Marine and Rosecrans still hold a single-family home on a full-size lot. Most have already been built out as multifamily, and current state housing law generally prevents replacing those units with a single home. This full 30 x 90 lot, one block from the beach, gives you three ways to win, with plenty of future upside! MOVE IN: the remodeled 1926 bungalow offers 2 bedrooms, 2 baths, central air, quartz counters, a covered front porch with an ocean view down 28th St, a rear deck, and a detached 2-car garage with rear access off 28th Pl. Are you a golfer? This home is a hole in one, with a charming putting green and a patio to grill! HOLD IT: an investment property in the Coastal Zone, where short-term rentals are currently allowed with a City business license and transient occupancy tax. BUILD IT: a true development opportunity. Explore a new single-family home or up to three units, subject to City and Coastal review. Broker analysis indicates approximately 4,585 SF of living area may be possible over three stories under current zoning, plus certain garage and below-grade basement area. Sold as-is. Buyer to independently verify lot size, zoning, buildable area, unit potential, Coastal and short-term rental requirements, and all parcel data.
Additional Information
- Appliances
- Barbecue, Dishwasher, Microwave
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Ocean, Peek-A-Boo, Water
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Manhattan Unified
- Interior Features
- Balcony, Bedroom on Main Level, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Ashley Anderson (ashleyanderson.ala@gmail.com) from Listing Office: eXp Realty of California Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.