Land That Appreciated Since 2014
Wednesday, September 28th, 2016
Not everyone is getting more today for a property than they might have in, say, 2014 or 2015. If the Manhattan Beach real estate market hasn't turned, its upward momentum has at least paused for a bit.
But for the folks who purchased a lot to build on in the Tree Section near town, at 1800 N. Ardmore, there was a modest profit to be made on a 2014 acquisition.
The big lot, a bit over 6500 sqft. on a rising corner, will make for a nifty building site, with the park, greenbelt and downtown all nearby.
The most recent owners went to the trouble of designing a slick, modern new home with a pool in the "front" yard along Ardmore. Or, as the listing put it more precisely, the sale came with:
"fully approved and permitted plans for a 6-bedroom, 5200…
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Based on information from California Regional Multiple Listing Service, Inc. as of September 29th, 2016 at 3:49am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
