Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingDuplex

98 Highland Avenue

Manhattan Beach, CA, 90266

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$5,500,000

MLS: SB26036549

Beds

3

Baths

2

Sq Ft

1,142

Lot

0.08 ac

Year Built

1937

MLS #

SB26036549

Days on Market

19

Listed

Feb 19, 2026

Description

Incredible opportunity in the sand section of Manhattan Beach, this duplex is situated at the peak of 1st Street & Highland on a large corner lot with ocean views. Offering endless potential, 98 Highland presents a rare chance to own, renovate, reimagine, or build a new panoramic ocean view property (2 townhomes or a Home plus ADU, buyer to verify with City of MB). The duplex features two separate units with a big yard in between. The front unit consists of 2 bedrooms and 1 bathroom, while the back unit located above the garage offers 1 bedroom and 1 bathroom. Excellent parking with 3 garage spots, 1 onsite parking pad and parking in front of garages (except street sweeping days). Prime location next to the beach, Downtown Manhattan Beach, award winning schools, and local dining, this property captures the essence of coastal living.

Location

Manhattan Beach, Los Angeles County, CA 90266

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Listed by: Kevin Pratt · Strand Hill Properties

Payment estimate

$38,505

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $550,000 · Loan: $4,950,000

%
Principal & Interest
$30,414
Property tax (1.25%)
$5,729
Homeowners insurance
$300
Mortgage insurance
$2,063
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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 $192,500 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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