125 15th Street Manhattan Beach, CA 90266

This is an exceptionally rare chance to own a property with big ocean views just steps from both the beach and the vibrant Manhattan Beach downtown area—all under $3 million. Offering immense potential, this fixer is ready for a complete remodel, providing a golden opportunity to build equity.

Perfectly located as the third home from The Strand and $30M+ estates, this property is perched just high enough to capture breathtaking views over The Strand homes while remaining close enough to enjoy the calming ocean breeze. The living room, kitchen, and great room are situated on the top floor, offering unobstructed views of the ocean, Catalina Island, and the iconic Manhattan Beach Pier. Built before current setback requirements, the home extends further into the street than its neighbors, providing superior view potential.

A rare three-car garage, plus an additional carport and two uncovered spaces, provide six parking spaces, with the potential to convert the third garage space and utility room into additional living space, such as a ground-floor bedroom with an ensuite bathroom (buyer to verify). The home features an open-concept top-floor living, dining, and kitchen area, two ocean view balconies, and all three bedrooms conveniently located on one level.

With its prime proximity to the beach and downtown, this property combines location and lifestyle. It offers untapped potential to create a custom coastal home, while also benefiting from its placement within the Coastal Zone, which opens up the possibility of generating income as a vacation rental (buyer to verify). Don’t miss out on this unique opportunity to transform a rare gem into your dream home. Contact us today to schedule a viewing and start envisioning your future in Manhattan Beach!