Two South Bay Properties. Two Very Different Opportunities.

From a full-sized East Manhattan Beach lot with existing rental income to a four-unit property steps from the beach in North Hermosa, two new South Bay opportunities are putting the focus on something buyers and investors are increasingly looking for: potential.

Not every real estate opportunity is about finding the perfectly finished home.

Sometimes, the value is in what a property already produces. Sometimes, it is in the land. Sometimes, it is the location. And every so often, a property gives you several possibilities at once.

Two properties coming to market with Accardo Real Estate Associates offer exactly that, each in a very different way.

1760 Ruhland Avenue | Manhattan Beach

Located on a quiet interior street in coveted East Manhattan Beach, 1760 Ruhland Avenue offers a combination that is becoming increasingly difficult to find: a full-sized 7,470± square foot lot, existing living spaces generating income, and multiple possibilities for the property's future.

The main residence offers approximately 2,100 square feet with three bedrooms and three bathrooms, while additional detached living space adds another layer of flexibility. Together, the property currently generates approximately $8,000 per month in gross rental income.

For a buyer, that creates an interesting proposition: acquire a substantial piece of Manhattan Beach real estate with income already in place while considering what comes next.

The existing 1958 residence could be renovated and reimagined. A future owner may choose to investigate expansion or redevelopment possibilities. Or an investor could look at the property primarily through the lens of its current income and long-term land value.

The detached guest space, which includes its own bathroom and separate laundry, also provides flexibility for guests, extended family or rental use.

And then there is the location.

Ruhland sits in the Eastside of Manhattan Beach, just blocks from Mira Costa High School and Pennekamp Elementary, with Polliwog Park, shopping, dining and the beach all within easy reach. Public property data confirms the approximately 7,470-square-foot lot and 2,100-square-foot main residence, underscoring just how substantial the parcel is for the area.

For someone who has been waiting for the right Manhattan Beach property to make their own rather than paying a premium for someone else's finished vision, 1760 Ruhland deserves a closer look.

136 28th Street | Hermosa Beach

A few miles west, 136 28th Street presents a completely different version of the same overarching opportunity.

This time, the focus is coastal location + multiple units + long-term income potential.

Situated in one of North Hermosa Beach's most sought-after neighborhoods, the property includes four units totaling approximately 2,043 square feet of living space on a 2,462-square-foot lot.

But the numbers only tell part of the story.

The property is just moments from the sand, with the Strand, neighborhood restaurants, coffee shops, parks and the everyday lifestyle of North Hermosa all close by. Manhattan Beach is just up the coast, giving the location broad appeal for tenants and future owners alike.

For an investor looking to add a South Bay multifamily property to a portfolio, the four-unit configuration creates an established income-property opportunity in a coastal market where well-located properties are difficult to replicate.

For another buyer, the appeal may be longer-term: hold the property, generate rental income and explore potential value-add opportunities over time.

Either way, location is the asset you cannot recreate.

The Common Thread: Optionality

On paper, these properties are very different.

1760 Ruhland Avenue offers a large Manhattan Beach lot, a single-family residence, detached living space and approximately $8,000 per month in current gross rental income.

136 28th Street offers four units and an exceptionally desirable North Hermosa Beach location just moments from the coast.

What connects them is optionality.

Neither property requires a buyer to look at it through only one lens.

They may appeal to investors looking for rental income. They may appeal to buyers thinking about long-term appreciation and land value. They may appeal to builders or developers willing to investigate what could be possible. And Ruhland may appeal to an end user who simply sees the opportunity to eventually create a custom Manhattan Beach home on a full-sized lot.

That flexibility can be particularly compelling in the South Bay, where the right parcel, location and existing property configuration can be much harder to find than a beautifully renovated home.

Sometimes You Have to Look Beyond the House

Real estate value isn't always immediately visible in finishes, countertops or staging.

For properties like these, the questions are different.

What does the property offer today? What could it offer tomorrow? And how difficult would it be to find the same combination of land, location and flexibility again?

Those are the conversations worth having before dismissing an older home, an income property or a property that isn't turnkey.

For buyers, investors and developers searching for opportunities in Manhattan Beach, Hermosa Beach and the greater South Bay, 1760 Ruhland Avenue and 136 28th Street are two very different examples of why looking beyond the existing structure can reveal the bigger opportunity.

Interested in either property? Contact Accardo Real Estate Associates for additional details, private showing information and a closer look at each opportunity.

Buyers should independently investigate and verify all information regarding square footage, rental income, existing improvements, zoning, permits, development potential and allowable future use. Nothing herein is intended as a representation or guarantee of future development or rental performance.