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4020 Ocean Dr, Manhattan Beach, CA 90266

Sale Price: $3,350,000
Jan 23, 20251,568 sqft3 beds2 baths
Listed by: Sheila-Anne Teisher
License #: 00999624
Phone #: 424-212-1212
Estate Properties
Source:
CRMLS Logo
MLS #: PV25005979

Property Description

ONE MINUTE WALK TO THE SAND! WHITE WATER VIEWS! ELEVATOR! GUEST QUARTERS! LEGAL DUPLEX! CORNER LOT! Hear the pounding of the surf…smell the salty air…gaze at the waves crashing on the shore…life can be sweet at this unique beach view retreat. Rarely available haven just a minute walk to the sand in highly desirable Manhattan Beach offers the best of both worlds. Because of the addition of an elevator, this legal duplex is now ideal for extended family with mom and dad not having to worry about climbing to the second level. Extensively remodeled home with newer kitchen, baths and doublepaned windows overlooking white water views from all key rooms and from the spacious 185 sq. ft. balcony& brick patio makes this beach escape special. Easy parking with a large two car garage (appraiser taped 484 sq. ft.) & ability to park one car in front of the house plus ample nearby public parking makes this home great for entertaining. Need a smaller place? Then freeze the elevator and rent one of the units; per appraiser upper unit is 1026 sq. ft. and lower unit is 542 sq. ft. Or, as needs change, rent both units or check with the City about building a three story, 30 foot high home. Plus this property is in a small area of the City where short term rentals are allowed. Tremendous place to escape now and flexibility for the future. Other upgrades/amenities include vaulted ceiling, virtual wall of glass in upstairs living room & nice white water views from downstairs living room, Saltillo tile downstairs, extensive built-in cabinets & bookcases, white water view bay window, car charger, tankless water heater. And as nice as this property is currently, the views will be even nicer when the City approved undergrounding of utility lines and poles is completed per Public Works estimate of mid 2025. And current owner has already prepaid her$24,000+ assessment share for all of these changes & her own costs for separate electric panels for a smooth connection. This home is ideally located to enjoy great recreation from surfing to volleyball in the sand to bicycling on the 22 mile beach path to strolling on the Strand walking path overlooking rose gardens and expansive coastal views. Enjoy sailing and fishing with nearby Marinas as well as extensive shopping and restaurants ranging from fine dining to casual bites to eat. Just a short drive to downtown LA theatres, stadiums and much more. Plus LAX is only a few minutes away so the world is your oyster!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$70,614

TurboHome Estimated Value

$3,668,300

$2,339 sqft

High Valuation
$3,851,715
$2456/sqft
Normal Valuation
$3,668,300
$2339/sqft
Low Valuation
$3,484,885
$2223/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2339/sqft$3,668,300

Neighborhood

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Comparative Value

$2.48M

$2.63M

$3.00M

$3.05M

$3.35M

$3.40M

436 28th St, Manhattan Beach, CA 90266

Sale Price: $2,475,000

Selected Comparable

4020 Ocean Dr, Manhattan Beach, CA 90266

List Price: $2,629,000

Subject Property

125 38th St, Manhattan Beach, CA 90266

Sale Price: $3,000,000

Selected Comparable

417 34th Pl, Manhattan Beach, CA 90266

Sale Price: $3,050,000

Selected Comparable

4020 Ocean Dr, Manhattan Beach, CA 90266

Sale Price: $3,350,000

Selected Comparable

628 29th St, Manhattan Beach, CA 90266

Sale Price: $3,400,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4020 Ocean Dr, Manhattan Beach, CA 90266

4020 Ocean Dr, Manhattan Beach, CA 90266

List: $2,629,000

Listed: 1/23/2025

Area:1,568 sqft
Price/sqft:$1,677
Beds:3
Baths:2
Year Built:
Lot Size:1,572

Comparable Properties

COMPARABLE
Choose comps
4020 Ocean Dr, Manhattan Beach, CA 90266

4020 Ocean Dr, Manhattan Beach, CA 90266

Sale: $3,350,000

3/12/20250.00 mi

Area:1,568 sqft
Price/sqft:$2,136
Beds:3
Baths:2
Year Built:
Weight:24.8%
628 29th St, Manhattan Beach, CA 90266

628 29th St, Manhattan Beach, CA 90266

Sale: $3,400,000

6/25/20250.79 mi

Area:1,972 sqft
Price/sqft:$1,724
Beds:3
Baths:2
Year Built:
Weight:20.1%
125 38th St, Manhattan Beach, CA 90266

125 38th St, Manhattan Beach, CA 90266

Sale: $3,000,000

2/4/20250.12 mi

Area:1,838 sqft
Price/sqft:$1,632
Beds:3
Baths:3
Year Built:
Weight:18.8%
417 34th Pl, Manhattan Beach, CA 90266

417 34th Pl, Manhattan Beach, CA 90266

Sale: $3,050,000

3/24/20250.34 mi

Area:1,869 sqft
Price/sqft:$1,632
Beds:3
Baths:3
Year Built:
Weight:18.2%
436 28th St, Manhattan Beach, CA 90266

436 28th St, Manhattan Beach, CA 90266

Sale: $2,475,000

11/1/20240.63 mi

Area:1,718 sqft
Price/sqft:$1,441
Beds:3
Baths:3
Year Built:
Weight:18.1%

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