127 21st
Manhattan Beach, CA, 90266
$5,495,000
MLS: SB26056045
Beds
5
Baths
4
Sq Ft
2,252
Lot
0.06 ac
Year Built
1936
MLS #
SB26056045
Days on Market
32
Listed
Mar 13, 2026
Description
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.
Location
Manhattan Beach, Los Angeles County, CA 90266
Open on Google Maps ↗Listed by: Christopher Barhoum · Coldwell Banker Realty
Payment estimate
$38,471
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $549,500 · Loan: $4,945,500
- Principal & Interest
- $30,386
- Property tax (1.25%)
- $5,724
- Homeowners insurance
- $300
- Mortgage insurance
- $2,061
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Manhattan Beach home with as little as 3.5% down using an FHA loan — roughly $192,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90266 (Manhattan Beach) within ±10% of this home's price and size.
Local Market Stats
See Manhattan Beach, CA 90266 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.