137 15th Street
Manhattan Beach, CA, 90266
$2,995,000
MLS: SB26014678
Beds
2
Baths
2
Sq Ft
888
Lot
0.03 ac
Year Built
1937
MLS #
SB26014678
Days on Market
48
Listed
Feb 5, 2026
Description
137 15th Street is located in one of Manhattan Beach’s most desirable pockets - just six homes from The Strand in the 100 Block, and steps to Downtown dining, shops, and lifestyle. With a direct westerly ocean view-line, rare backyard space this close to the sand, and exceptional walkability - reflected in a 93 “Walker’s Paradise” rating on Walk Score - this location captures the essence of Manhattan Beach living at a price point seldom seen so near the water. The property offers uncommon flexibility and long-term upside. Set on a 30’ x 45’ lot with an approximate 1,350 square foot developable footprint, it presents a compelling opportunity to live comfortably today while preserving future SFR development potential. Whether used as a primary residence, second “beach house”, or income-producing property, the A+ location supports strong short-term rental demand and makes this an ideal candidate for a thoughtfully executed Airbnb or furnished coastal rental strategy. The existing home is turnkey and fully upgraded. The light-filled upper level features vaulted wood-beam ceilings, heated wood floors, and a welcoming living area centered around a fireplace. The updated kitchen is equipped with premium Miele appliances, pantry storage, and is designed to capture ocean breezes and natural light. Air conditioning adds year-round comfort, enhancing the home’s livability. The layout is efficient and flexible. The upper level functions as a studio or one-bedroom-style living space with a bathroom, while the lower level offers a separate bedroom or office with an adjacent bath - ideal for guests, work-from-home, or additional privacy. Outdoors, a private backyard retreat with fire pit and outdoor shower creates a rare indoor-outdoor living experience this close to the beach. Additional features include a one-car garage with laundry, tankless water heater, and thoughtful upgrades throughout. This is a property that speaks to buyers seeking a foothold in an A+ Manhattan Beach location - whether an empty nester prioritizing walkability and lifestyle, a frequent visitor looking to offset ownership with rental income, or an investor drawn to location-driven demand and future potential. Few offerings combine this level of proximity, flexibility, and long-term value so close to the sand.
Location
Manhattan Beach, Los Angeles County, CA 90266
Open on Google Maps ↗Listed by: Shawn Dugan · Strand Hill Properties
Payment estimate
$21,105
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $299,500 · Loan: $2,695,500
- Principal & Interest
- $16,562
- Property tax (1.25%)
- $3,120
- Homeowners insurance
- $300
- Mortgage insurance
- $1,123
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 $104,825 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.
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
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