127 21st, Manhattan Beach CA 90266 | $5,495,000

PRICE IMPROVEMENT! Extremely rare opportunity just 5 homes from the Strand in Manhattan Beach. This South-facing duplex sits on a prime 90' x 30' lot offering exceptional development potential in one of the most sought-after beach locations in Southern California. Buyers have multiple options: build 2 luxury townhomes, design a spectacular single-family residence with an ADU, or continue operating the property as an income-producing duplex. The existing structure features a 3-bedroom, 2-bath upper unit and a 2-bedroom, 2-bath lower unit, both with hardwood floors in the main living areas, carpeted bedrooms, and fireplaces. The property was extensively remodeled around 1985 and has been meticulously maintained by the same owners since 1972. A true standout for the area, the property includes a 2-car garage plus 5 additional off-street parking spaces, including rear parking with street-to-alley access—a rare and valuable feature this close to the beach. Ideally located between downtown Manhattan Beach and El Porto on a very desirable street, the property offers easy access to the beach, local dining, shopping, and all the attractions of Manhattan Beach, while also providing a convenient commute to the Westside. Pride of ownership is evident throughout, and after 5+ decades of stewardship, the sellers are excited to pass this special property on to its next owner.

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