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2800 Ocean Drive

Manhattan Beach, 90266

3 Bd
4 Ba
2,181 Sqft
1,200 Lot
$3,200,000 SOLD Price | Closed 11/8/24
Closed Status
0 Days on Market
Nov 10 First Day Active
$3,200,000 Start Price

Description

Just one block from the Strand in the desirable Sand Section, this corner lot offers developers and owner/users alike a rare chance to build a custom coastal dream home in one of Manhattan Beach's most sought-after neighborhoods. With Ocean Drive’s tranquility and proximity to the beach, this prime location is perfect for those seeking an unmatched lifestyle in an ideal setting. The property’s value lies in the land alone, presenting an incredible development potential for anyone looking to build in Manhattan Beach.



Property is being sold "AS-IS" for land/development value only: The existing structure is approximately 50% completed, with construction halting in October 2021. All permits, including coastal permits, are expired and cannot be reinstated. Buyer will need to reapply for new permits and approvals from local officials and the coastal commission to move forward with possible development. Buyer must conduct all inspections and comprehensive due diligence, including verifying zoning, structural integrity, permits, insurance, and any other property matters. The property is being sold with no guarantees or warranties provided by the seller, agent, or broker. Buyer accepts all risks, including the possibility of demolition. A 1542 release will be requested from all parties involved in the sale. The construction came to a halt in October 2021 and the structure's wood has been exposed to the environmental elements as it was sitting for numerous years. A Wood Forensic Scientist Letter is available but does not guarantee the current condition of the wood or structure. Before reapplying for new permits, the buyer must obtain a wood rater report as required by the city. Title 9 may impact zoning as this was previously a duplex which was converted to a SFR and permitted as a SFR, however this was before Senate Bill 9 took place in 2021 which made it illegal to change the zoning of multifamily properties to SFR - Buyer should verify with the local government officials given permits are expired. The property has an outstanding mechanics lien. This unique opportunity offers substantial potential for the right buyer but requires thorough due diligence. Buyers are encouraged to carefully evaluate all aspects and requirements for 2800 Ocean Dr.

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Property Details for 2800 Ocean Drive

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Ashley Anderson
Listing Brokered By
eXp Realty of California Inc
Type
Residential, Single Family Residence
Year Built
2019 (Builder)
MLS Area
142 - Manhattan Bch Sand

Price and MLS Information

Status
Closed | Listing History
Combined DOM*
145
First Date Active
November 10th, 2024
Closing Date
November 8th, 2024
Sold Price
$3,200,000
Sold PPSF
$1,467
Orig. List Price
$3,200,000
MLS® #
AR24231314
APN
4176029011
Special
Standard, Trust

Home Interior Information

Levels/Stories
Three Or More
Bedrooms
3
Total Baths
4
Half Baths
1
Int. Sqft.
2,181
Cooling
None
Int. Features
Bedroom on Main Level, Main Level Primary, Primary Suite
Fireplaces
None

Room Information

Laundry
None

Exterior Information

Lot Description
Tear Down, Value In Land
Lot Size (sq. ft.)
1,200
Lot Size (acres)
0.03
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Ocean, Water

Utilities Information

Water Source
SeeRemarks

Additional Information

Prop. Condition
Fixer, RepairsMajor, UnderConstruction
Zoning
MNRH

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
142 - Manhattan Bch Sand
City/State
Manhattan Beach
Zip Code
90266
County
Los Angeles
# of Units
1
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School Information

District
Manhattan Unified
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Listing/Price History

2800 Ocean Drive, Manhattan Beach, (MLS® #AR24231314)

Date Details Price Change
First Day Active $3,200,000
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Listing Summary

Quick Summary of 2800 Ocean Drive: This 3 Bedroom/4 Bathroom home in Manhattan Beach is priced at $3,200,000 ($1,467/PSF) . The 2,181 sqft. Single Family Residence residence was originally built in 2019 and was listed on November 10th, 2024 at $3,200,000, showing 0 Days on Market currently. Contact Dave Fratello today for more information or to go see 2800 Ocean Drive.

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Based on information from California Regional Multiple Listing Service, Inc. as of December 13th, 2024 at 6:43am PST. 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.