There are currently 10 blog entries related to this category.
Monday, May 13th, 2013 at 11:59am. 198 Views, 0 Comments.
They've just closed an above-asking deal at 2417 Crest (3br/4ba, 2300 sq. ft.), a rear-unit TH with great ocean views.
This is a bigger-than-standard TH at 2300 sq. ft., and they sought a bigger-than-standard $1,090/PSF when they first put a sticker on the home.
But those views, and the distinctive stlying, brought many suitors. And when that happens, prices jump.
In this case, from $2.499M to $2.575M, with an enhanced PPSF of $1,123/PSF.
This home, a 2002 build, got a thorough re-do with panache in 2009, and it's got several signature elements that stick with you.
Two unique features jump out: The long (14' long) built-in, modern dining table stretching from the kitchen – a bold statement that defines the home as an entertaining space.…
Wednesday, May 1st, 2013 at 8:14am. 2,943 Views, 0 Comments.
We've already got the 2 big (current) college football coaches in Manhattan Beach.
Now the Lakers' (current) coach, Mike D'Antoni, has come to town.
As the LA Times reports this morning, the coach purchased an MB walkstreet home for $6.9M, and that would have to be this one.
In a recent post on "New 100-Block Heights" we mentioned this home:
[This is] a bigger-than normal home thanks to subterranean space, with 5br/5ba and 5000 sq. ft.
Location? Nearly at The Strand, with a walkstreet on one side, the corner at Ocean Ave. (no neighbor to west, in other words) and a fully built Strand house across the way that seems "low" and affords even better views from the top level of 116 25th.
And oh, what a top level that is – very high…
Tuesday, April 9th, 2013 at 11:53am. 415 Views, 0 Comments.
It's been a long time since $5.6M for a 100-block house by the beach seemed like a peak never to be reached again.
The new peak is more like $6.6M, a million-dollar difference in just 5 years. And most of those 5 years weren't "good" years for Manhattan Beach real estate.
That first peak was marked out in March 2008 at 200 19th St. (5br/5ba, 4200 sq. ft.) a spectacular new Cape Cod on one of the great "teen streets" near downtown. (We call it a "100-block" house because it would be 136 19th if the city didn't re-order the addresses to the 200s starting there; with no Manhattan Ave. cutting through the teen streets, a lower 200 is as good as a 100.)
200 19th sold new for $5.6M, and then the world collapsed. (If you'll allow us some dramatic…
Thursday, July 26th, 2012 at 2:46am. 191 Views, 0 Comments.
|Current house at 636 8th|
This one began in February at $4.850m, notably above the $4.3m-ish range of 3 comparable sales nearby. (See "Big Views, Nearly $5m for Dirt," for MBC's rundown.)
In May, they cut to $4.575m, splitting the 12% difference between the other sales and the start price. And from there, the sellers stood pat for another couple of months.
Could they get a 4.5-ish price now? You've got the warming market on the one hand, and the 6-month runtime…
Monday, July 23rd, 2012 at 6:58pm. 159 Views, 0 Comments.
128 18th (5br/5ba, 4000 sq. ft.) is a new "tropical contemporary" in one of the best locations in town, period, given that 18th is probably the best of the teen streets west of Highland.
The sale wasn't quick – 5 months on market – and it didn't crack $6m, as had been the original ambition with a $6.1m start price.
The final price: $5.650m.
Most of the recent sales in the 100- and low-200-blocks are right in the same $5.6m-ish range:
- 128 6th at $5.595m (Jan. 2011);
- 209 16th, pre-completion new construction, now in escrow with a list price of $5.6m; and
- 200 19th at $5.6m (March 2008).
Tuesday, May 1st, 2012 at 2:25pm. 188 Views, 0 Comments.
2305 Bayview (4br/4ba, 2600 sq. ft.) is a plus-plus-plus modern remodel of a TH built in 2005. In our review we said we were "unprepared for the shocking fabulousness" of the TH with its "nearly over-the-top level of detail."
As terrific as it is, and as quick as this deal on the public market was, we're told this one has been offered for sale as a "pocket listing" for a couple of years. Certainly, going public helped. But this one also looks something like an example of homes that have been unable to sell in the past making deals this year.
This one last traded for $2.250m in Oct. 2006 with some of its great upgrades in place; the current owner added lots of extras and…
Saturday, March 10th, 2012 at 2:36pm. 161 Views, 0 Comments.
But first we are posting a new video that goes along with one Saturday open.
|Current house at 636 8th|
We have remained concerned that the listing pics are a bit spare, not quite conveying the grandeur of the views.
Those views seem like some kind of rare MB resource that we think everyone should share, while they can.
So when Friday proved to be nice and clear, we headed over to 8th and tried to capture the views on this 2-minute video:
As you'll see, the 9950 sq. ft. lot is on a great…
Thursday, February 9th, 2012 at 3:15pm. 143 Views, 0 Comments.
Even the burblings about upcoming or maybe-upcoming listings are limited, and quiet.
Disappointment gets doubled when you see, among the "new" offerings, mostly retreats of failed listings from last year. For example:
1808 Pine (3br/3ba, 1725 sq. ft.) ran about 5 months last year starting in May.
They began at $1.130m and came down to $1.030m, but restart now at $965k.
That remains high because, while the home has location going for it, inside and outside, it needs a lot of help. The "one-of-a-kind design" (per the old listing) is not very attractive. The separate garage out…
Tuesday, December 6th, 2011 at 2:45pm. 152 Views, 0 Comments.
A fifth. A quarter. A third. Tens upon tens, or hundreds upon hundreds of thousands of dollars.
Las Vegas? Sacramento? Moreno Valley? Oh yeah.
West of Highland, MB? Not so much.
But there's this one case.
It's 233 30th (3br/4ba, 2325 sq. ft.), a snazzy, nicely appointed, newer home with big ocean views. It's utterly walkable to MB's "second downtown," El Norte south of Rosecrans – a nice tradeoff against the fact that it does border Highland.
Brand new in Aug. 2007, this one fetched $2.250m. It was used subsequently as a rental/investment property.
But when it came back to the public market in May, the seller was willing to concede a loss of $400k –…
Tuesday, August 2nd, 2011 at 5:32pm. 173 Views, 0 Comments.
Our recent run of clear days has punched up the value of a good ocean view in a listing. So we trod in on 3 active listings late last week that each feature ocean views as a big and tasty attraction.
Check out our 4-minute video tour featuring the views from each property. (Please excuse the rumply sounds of ocean breezes against our little mic.) See the video embedded below or use this link to go to YouTube directly.
And here's more on each of the listings in the video.
Our first visit was, aptly enough, to a home on Sea View street. 229 Seaview (3br/4ba, 1900 sq. ft.) is a newer (2006) TH near the top of the hill in El Porto Norte, one door off Highland.
The home itself is a splendid execution of a…