$2,399,000
-$100,000223 Shell Street, Manhattan Beach CA 90266
Multi-Family (Duplex)
Property type
58 days
On market
$1,262
Price per sqft
0 cars
Garage
1970
Year built
1,711 sqft
Lot size
Home highlights
Open Houses
Overview
Unit Mix: (1) 3-Bedroom unit currently VACANT | (1) 2-Bedroom unit currently VACANT ~ Set just blocks from the ocean, 223 Shell Street presents a rare 1,901 SF duplex opportunity in one of Manhattan Beach’s most desirable coastal locations. With covered parking spaces and a versatile unit mix, the property offers both comfort and convenience moments from the beach and...
Listing provided by: Lauren Forbes DRE #01295248 310-901-8512, Compass, Jagger Kroener DRE #01984562 310-993-6044, Compass
Listing updated: May 27, 2026 at 11:44pm.
Last checked: Jun 4, 2026 at 06:00am
Source: CRMLS #SB26073464
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $4,800 | $4,800 | $5,000 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 0
Ranges: 2
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
24.7x
List Price / Annual Gross Rent
Cap Rate
2.7%
NOI / List Price
Gross Scheduled Income: $97,140
Operating Expense: $30,000
Net Operating Income: $67,140
Annual Operating Expenses
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Balcony, Recessed Lighting
Flooring: Laminate
Heating: Central
Appliances: Gas Range
Fireplace: Living Room
Laundry: In Kitchen
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Construction Materials: Stucco
Property Condition: Updated Remodeled
Common Walls: Two Common Walls Or More
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Ocean
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4137006010
Additional Parcels: No
Tax Lot: 2
Tax Block: 6
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 223 Shell Street, Manhattan Beach, CA 90266. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,919,200
Total Interest
$2,447,834
Total Payment
$4,367,034
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,780
per month
Property History for 223 Shell Street
Manhattan Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90266.
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