316 5th Street
About This Property
ALSO AVAILABLE FOR RENT!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Price Decreased |
$5,195,000
↓ $300K
(5.5%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Pacifica Properties Group, Inc. | $5,495,000 | |
| Listed by Pacifica Properties Group, Inc. | |||
| Apr 9, 2025 | Listed | $5,950,000 | |
| Listed | |||
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The definition of 'Unique' is defined as 'being the only one of its kind, or having no like or equal. Rare'. This absolute gem is the epitome of Unique. Centered in the heart and soul of Manhattan Beach, this one is an absolute must see if you are looking for that sought after yet hard to find beach home that has the prime location, great home, ocean views and incredible outdoor space just 3 blocks to the beach…Sitting on a full lot, this gorgeous single family home is situated on a prime+ walk street, at the south-west corner, and is ideally positioned in the center of the highly sought after Sand Section. Thanks to its corner orientation on the west end of the block, it is the ONLY property on the south end walk streets that has an actual backyard. There are so many cool outdoor features to enjoy such as dining area, fire pit, built-in outdoor kitchen, multiple sitting areas, and an abundance of sunshine. The perfectly thought out and tastefully remodeled home shows off its 'vibe' the moment you walk in. There are two great living spaces on this property with an impressive downstairs master bedroom suite that features a functional and beautiful open walk in closet area and lounge. The 2nd level ocean views from the kitchen and sitting area are sneaky good and the walk street patio with built-in seating and a fire pit has been known to host impromptu neighborhood sunset gatherings and more good vibes and nice ocean views. On top of ALL of this, there is a unique view protection element that makes this special property even more of a find! Parking at the beach is hard to come by…but not here, we have 4 spots. Manhattan Beach living defined…Right here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017