1812 Ocean Drive
Manhattan Beach, CA, 90266
$3,999,900
MLS: SB26030894
Beds
2
Baths
1
Sq Ft
690
Lot
0.03 ac
Year Built
1948
MLS #
SB26030894
Days on Market
61
Listed
Feb 11, 2026
Description
Rare Generational Gem: 1812 Ocean Drive, Manhattan Beach – First Time on Market Since 1941! Steps to the Sand, Endless Potential Awaits Seize this once-in-a-lifetime chance to own a piece of Manhattan Beach history—Just steps to the strand and the beach, and just a few effortless blocks to the buzz of downtown’s world-class dining, shopping, and iconic pier vibe. This legal non-conforming half-lot corner property (18th Place & Ocean Drive) in the elevated part of the Sand Section delivers prime location, underground utilities, and Pacific Ocean views stretching from Palos Verdes to Malibu sunsets. Currently an adorable single-story 2-bedroom, 1-bath upstairs residence (~690 sq ft BTV) with a spacious 3-car garage below offering plenty of parking. But the real prize? Unlimited potential to remodel or tear down and craft your ultimate 3-story dream home—maximizing those panoramic ocean vistas, beach proximity, and coastal luxury living. • Prime Sand Section location – Elevated, walkable to the sand, downtown Manhattan Beach, top-rated schools, and quick hops to LAX & the 405. • Development dream – Build a custom SFR with ocean views from multiple levels; corner lot advantages for light, air, and privacy. • Lifestyle perfection – Wake up to the sound of waves, catch golden-hour sunsets from your future balcony, and enjoy effortless beachside living. This isn’t just a house—it’s a legacy opportunity in one of Southern California’s most coveted beach communities. Properties like this rarely come available, especially with such pedigree and potential. This property sits within the elevated part of the Sand Section complete with underground utilities. Effortless access to LAX and the 405 freeway. Don’t miss your shot at Manhattan Beach royalty. Opportunities this extraordinary vanish fast!
Location
Manhattan Beach, Los Angeles County, CA 90266
Open on Google Maps ↗Listed by: Matt Waxman · Ossia Real Estate
Payment estimate
$28,085
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $399,990 · Loan: $3,599,910
- Principal & Interest
- $22,118
- Property tax (1.25%)
- $4,167
- Homeowners insurance
- $300
- Mortgage insurance
- $1,500
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 $139,997 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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