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409 16th Street, Manhattan Beach, CA 90266

$4.50M6bd · 3ba · 2,763 sqft
Lot 2,692 sqft•Duplex•
Active
•75d on market•MLS# SB-26180421

Property Description

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.

Features & Amenities

FeeBuilt 1925

Property Details

Land Type
Fee
Year Built
1925
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
3
Garage Spaces
3
Cooling
None
View
Peek-A-Boo
City
Manhattan Beach
Zip Code
90266
County
Los Angeles
Listed byeXp Realty of California Inc, David Caskey

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$22,749.39
Principal & Interest
Loan Amount
$3,599,200
Total Interest
$4,590,581
Total Payment Over 30 Years
$8,189,781
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 3 closed

409 16th Street, Manhattan Beach, CA 90266

Manhattan Beach · Duplex

$4.50M
Luxury Tier
Beds
6
Baths
3
Sqft
2,763
Lot
2,692 sqft
Year
1925
$/Sqft
$1628
Pool: No✓
View: Peek-A-Boo✓
Garage: 3-car✓

Listed 6.5% above the median closed sale of $4,225,000. Price per sqft ($1,628) is a 12% discount to closed comps ($1,843). Closed comps sold at 106% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.50M· $1,628/sqft
Total list price
Closed comps
vs closed median $4.22M
+$274K (+6.5%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
225 24th StreetManhattan Beach200001/27/2026553,4512,699$4.90M$5.10M$1,4781.045080
1838 Manhattan AveHermosa Beach195608/28/2026431,9102,903$3.90M$4.22M$2,2121.086670
66 16th StreetHermosa Beach192204/02/2025422,0942,847$3.70M$3.85M$1,8391.042766
Total: 3 · Average4.33.32,4852,816.333$4.39M$4.39M$1,843—47.666666666666664
Median2,094$4.22M$4.22M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.