232 29th St - Multi-Family FOR SALE


Manhattan Beach, CA 90266
$4,375,000 USD
310-780-1899
232 29th St, Manhattan Beach, CA for Sale
$4,375,000 USD
Multi-Family - FOR SALE
1/44
null | 3.41% Cap Rate

232 29th St
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Triplex on a Walkstreet in Manhattan Beach| Full 2,698 SF Street-to-Alley Lot
  • Pride of Ownership Property & Great Owner-User Opportunities w/ All 3 Units Being Delivered Vacant
  • Great Unit Mix: (3) 2-Bed/2-Bath Units | Large 4-Car Garage + 2 Carport
  • (2) Rooftop Areas with Panoramic Ocean Views From Palos Verdes to Malibu
  • Owner’s Townhome Style Unit (Delivered Vacant) Features Upstairs Balcony on a Walkstreet & High Ceilings
  • Coveted Location in Manhattan Beach, Steps from the Strand and the 30th Street Lifeguard Tower, and 2 Blocks From Bruce’s Beach

OVERVIEW

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, with two units being delivered vacant—perfect for an owner-occupant or value-add investor. The owner’s unit, also delivered vacant, 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. 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.

FOR SALE DETAILS

PRICE

$4,375,000 USD

PRICE/SF

$1,043 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,458,333

CAP RATE

3.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walkstreet Triplex in Manhattan Beach

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.