232 29th Street Manhattan Beach, CA $ 3,995,000
232 29th Street
$ 3,995,000
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232 29th Street

Manhattan Beach, CA, 90266
$ 3,995,000
Baths1.1 Sq 4,195

Monthly Estimate*

$ 24,924

Listed by Lyon Stahl Investment Real Estate, Inc.
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Studio

Multi-Family Home for sale in Manhattan Beach, CA

for $3,995,000 with 1 full bath, 1 half bath. This 4,195 square foot home was built in 1957 on a lot size of 0.0619.

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—perfect for an owner-occupant or value-add investor. The owner’s unit 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. Further enhancing the investment potential, the property is located in the Coastal Zone, allowing for the possibility of short-term rental use—ideal for maximizing income in a premier beachside location. 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.

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Multi-Family Contingent

Price

$ 3,995,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0619

Year Built

1957

Town/City

Manhattan Beach

County/Region

Los Angeles

MLS | Web ID

SB25111168

Days on Market

221

Features
General
Sewer Public Sewer
Heating Central
Zoning MNRH
Garage Spaces 4
Pool Features None
Year Built 1957
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 258000
Community Features Biking
County Los Angeles
Net Operating Income 184326
Operating Expense 65934
Insurance Expense 6293
New Construction false
Property Type Residential Income
MaintenanceExpense 9000
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Corner of Highland and 29th Street
City Manhattan Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area 142 - Manhattan Bch Sand
Lot Size Units Square Feet
Lot Size Square Feet 2698
Carport Spaces 2
Carport Y/N true
Listing Terms Conventional
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Triplex
Taxes 45572
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 2698
Number of Buildings 1
Building Area Total 4195
Lot Size Acres 0.0619
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

Broker@lyonstahl.com

Email

Affordability Calculator

$24,924
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Monthly Principal & Interest
$24,924
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,995,000 Listed Price

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232 29th Street, Manhattan Beach, CA, 90266 is a Multi-Family Home for sale at $3,995,000 with 4,195 sqft and a lot size of 0.0619. 232 29th Street is a studio with 1.1 baths and was built in 1957. The property's zip code is 90266 which is in Manhattan Beach, CA