865 10th Street
About This Property
Beautifully reimagined with both functionality and style in mind, this home has been extensively renovated from the framework out, with all new systems and finishes throughout. The home features 4 bedrooms, 3.5 bathrooms, a dedicated office, and multiple flexible living spaces to accommodate today's lifestyle. Designed with a reverse floor plan to maximize the downward lot, the main living level is located on the second floor and serves as ground-level entry from both the garage and front door. The main living level is highlighted by soaring vaulted ceilings, a light-filled living room, and a beautifully appointed kitchen featuring Calacatta Viola marble slabs. This level also includes the primary suite, a powder room, and a highly functional mudroom and oversized laundry room conveniently located off the garage.
The lower level offers three additional bedrooms, two bathrooms, a spacious den, and a versatile bonus space ideal for a gym, playroom, or secondary office. Sliding doors open to a large covered patio-perfect for year-round indoor/outdoor living-overlooking the flat backyard. Plans for a pool and spa (buyer to verify) provide an opportunity to further enhance this beautiful and private outdoor space.
Additional features include dual-zone heating and air conditioning, a striking black shingle and siding exterior with a bold, modern coastal aesthetic and a white oak garage door that adds to the home's elevated curb appeal. With its prime location near downtown, the beach, and top-rated schools, this home offers the best of Manhattan Beach living.
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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%.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Pacifica Properties Group, Inc. | $5,995,000 | |
| Listed by Pacifica Properties Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017