125 9th St, Manhattan Beach, CA 90266
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125 9th St Manhattan Beach, CA 90266

$5,800,000
  • 6 Beds
  • 3 Baths
  • 2,316 Sq.Ft.
For Sale
$5,800,000 Get Pre-Qualified

Map preview of 125 9th St, Manhattan Beach, CA 90266

Property Overview: 125 9th St Manhattan Beach, CA has 6 bedrooms, 3 bathrooms, 2,316 living square feet and 2,704 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rare opportunity to own a Triplex in the 100 block (Strand Adjacent) of a highly coveted South Manhattan Beach Walk Street. This highly desirous property consists of three updated units (each two bedroom and one bathroom) and is always in demand. Ideally located just steps from the Strand, and downtown Manhattan Beach, this prime walk street location is perfect for soaking in the Southern California lifestyle. Whether you are playing volleyball on the beach, shopping at local boutiques, or heading out for dinner, you can leave your car in the garage as everything is just around the corner. Hurry, this will not last. There just aren't many of these amazing properties left.

Listed by Brett Zebrowski | BRE #01313739 | Palm Realty Boutique, Inc.
Last checked: 1 minute ago | Last updated: January 28th, 2023 | Source CRMLS | DOM: 57
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Home details

Lot Sq. Ft
2,704
HOA Dues
$0/mo
Year built
1948
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
SB23013303
City
Manhattan Beach
County
Los Angeles
Time on Site
65 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,300
  • Total Rent: $4,300
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $147,600
  • Net Operating Income: $86,222
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $61,378
  • Electric: $480
  • Gas/Fuel: $10
  • Licenses: $244
  • New Taxes: $53,886
  • Trash: $624
  • Insurance: $1,926
  • Professional Management: $1,500
  • Water/Sewer: $2,708

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Property Details for 125 9th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Family Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 4179015010
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: See Remarks
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 9th St Between Ocean Dr and Manhattan Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Manhattan Beach Agent

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Sale History for 125 9th St

View property's historical transactions
  • January, 2023

  • Jan 25, 2023

    Date

    Active

    CRMLS: SB23013303

    $5,800,000

    Price

Tax History for 125 9th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

125 9th St is listed 45% higher than the median list price for the city of Manhattan Beach which has a median list price of $4,000,000. The median price per/sqft for Manhattan Beach is $1,402 and this home is listed at $2504.32 per/sqft which puts the price per square foot 78.62% higher than the median price per square foot for the city of Manhattan Beach.

About 125 9th St

Detailed summary of property

125 9th St is a triplex located in Manhattan Beach, CA 90266 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,316 living square feet, and sits on an approximately 2,704 square foot lot. 125 9th St was first listed on ArdentRealEstateGroup.com on January 25, 2023. The homeowner is currently asking $5,800,000. The median priced home in Manhattan Beach is $4,000,000 with a median price per square foot of $1,402. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is listed 45% higher than the median priced home. Local competing homes currently for sale include 3211 Ocean Front Walk, 3000 Grand Canal and 609 Broadway St. While the average home in Manhattan Beach, CA is selling in 77 days, 125 9th St has a days on market of 57 days. There are currently 84 homes for sale in the Manhattan Beach real estate market and 73 of them are single family homes while 2 of them are condos and 9 are townhomes. For more information on this home for sale at 125 9th St Manhattan Beach, CA 90266 contact Ardent Real Estate Group and we will put you in touch with one of our Manhattan Beach agents.

Public Facts for 125 9th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90266 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,000,000
Median List Price/Sq.Ft.
$1,402
Median Sold Price
$3,045,000
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
84
Median Sale to List Price %
92.3%
Avg Days on Market
33
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (57.14%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.