A Pack of 3br East MB Cottage Sales

By Dave Fratello | December 11th, 2018

Among the most modest homes you'll find in Manhattan Beach real estate are the old 3br cottages.

In the postwar boom, that was the basic home style, so many date back to the 1940s and 50s, originally.

In the time since, a lot has happened in Manhattan Beach.

Sometimes these old cottages are only prized for the dirt underneath them. But often, you'll see there is still plenty of interest in a simple 3 bedroom house that's "just enough" for a family, and "not too much" on price.

We'll take a look here at some 3br cottage sales in East Manhattan Beach, where it seems 3br homes are less endangered -- that is, more likely to be restored/updated than razed for new construction.

East of Sepulveda, many lots are 7500 sqft. (mainly in the Mira Costa section), but those are not our focus. (Once again, this is because land value for a 7500 sqft. plot tends to skew the market toward teardowns.)

We're going to focus on those on modest 5000 sqft. lots.

Recent East MB Sales of 3br Homes on ~5000 sqft. Lots

1650 22nd Street Manhattan Beach CA1650 22nd (3br/2ba, 1265 sqft.) is on a corner lot that's just about 5000 sqft.

Its sale last week at $1.620M came after multiple offers drove up the price $125K.

That's just short of $1,300/PSF.

The 1952 build was sleekly modernized as a flipper project in 2014. (It sold in July 2014 for $1.195M. The buyers from then added a spa, great landscaping and more.)

Do check out the full set of photos. That was a special offering. Even more impressive: The potential liability of busy Redondo Ave. in front did not hold back the interest or the pricing.

114 S Herrin Avenue Manhattan Beach CACloser to Pennekamp and Mira Costa, there was just a sale at 114 S. Herrin (3br/2ba, 1600 sqft.).

It has closed for $1.595M.

It was also an overbid situation (+$45K over asking).

Lot size is smaller than usual, just about 4300 sqft.

There have been nice renovations to this home, though the kitchen still wants an update. That is to say, there's still upside.

1757 5th Street Manhattan Beach CAA few blocks east, on a quiet block at 1757 5th (3br/3ba, 1175 sqft.), they just sold a 3br for $1.550M.

Picture that: 3 baths within less than 1200 sqft.

The recently updated home clocked in at $1,323/PSF. This one is on a 5000 sqft. lot.

You want another small one with a high PPSF?

1345 11th Street Manhattan Beach CALook at 1345 11th (3br/1ba, 1075 sqft.).

That's just one bathroom! In the olden days, that was fine.

Overall, the home is nicely renovated inside, if original in floorplan. The outdoor areas want some updates.

Sale price: $1.370M in July this year.

It was another overbid situation, with this one selling $71K over asking.

That's $1,273/PSF. And still just one bathroom.

Over in Liberty Village, there are 3 recent sales to look at, all on Manzanita:

1505 Manzanita Lane Manhattan Beach CA1505 Manzanita (3br/2ba, 1350 sqft.) was recently updated for resale.

They opened up the walls, modernized the kitchen and baths, and gave the interior the look of a modern, beachy cottage.

Sale price: $1.565M. And that's $1,166/PSF.

1908 Manzanita (3br/2ba, 1625 sqft.) was not updated. The listing enticed buyers to come "[t]ake a step back in time" to see how things used to be circa 1969 -- a casual dining booth crafted with orange vinyl, bright 1960s wallpaper and wood paneling being among the period details. (See more photos here.)

Upgradeable, the home sold for $1.477M.

1604 Manzanita Lane Manhattan Beach CAAnd the biggest sale on Manzanita recently was 1604 Manzanita (3br/2ba, 1470 sqft.).

This one's a little bigger than 1505, a block away, the major modern remodel.

It's updated and opened up, but not nearly as modern as 1505.

Sale price: $1.605M and $1,093/PSF.

Yes, that was an overbid situation, too. Sale price jumped $46K over asking.

There are a couple more eye-openers from just the past few months. (Every sale in this post is less than 6 months old.)

1806 Marine Avenue Manhattan Beach CALook at 1806 Marine.

That's the 1800 block.

It's Marine.

OK, you got that.

This home was almost like new construction.. a truly complete remodel. It has 3br/3ba, 1600 sqft. on a 5075 sqft. lot.

The sale price: $1.700M.

That's $1,061/PSF on Marine. Wow.

And on a different street with some traffic, look to 1510 2nd.

1510 2nd Street Manhattan Beach CAAt 1510 2nd (3br/2ba, 1515 sqft.), the lot size is just 4800 sqft.

The 1961 cottage had been upgraded at some point by opening up the walls to the kitchen, and bringing the kitchen and bath more current. They were aging again, however, falling behind in style.

This one sold in March for $1.460M.

Surely, that was too much for land alone. The full-size Mira Costa lots (7500 sqft.) are going in the $1.5-$1.6M range.

So there was value in the cottage, right?

Alas, over the past week, a demo crew has razed the house for new construction, after all. It's gone.

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Below you can browse all closed sales of East Manhattan 3br cottages, latest sales first.

The data here go back a little more than a year, to November 2017. (Email readers will need to view this post online to see the listings display.)

East Manhattan 3BR Sales (Lot Sizes < 6000 sqft.)

(Click any photo to see the whole property.)

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 1142 21st Street BD/BA 3br/2ba SQFT 1760 sqft LOT 4992 PRICE $2,400,000 $PSF $1,364 DOM 50 DOM SOLD SOLD 05/17/22 START $ $2,499,000 START 05/17/22
Address 1600 21st Street BD/BA 3br/2ba SQFT 1209 sqft LOT 5011 PRICE $1,985,000 $PSF $1,642 DOM 5 DOM SOLD SOLD 05/02/22 START $ $1,710,000 START 05/02/22
Address 1609 Chestnut Avenue BD/BA 3br/3ba SQFT 1800 sqft LOT 4900 PRICE $2,920,000 $PSF $1,622 DOM 6 DOM SOLD SOLD 04/08/22 START $ $2,545,000 START 04/08/22
Address 1143 23rd Street BD/BA 3br/2ba SQFT 1764 sqft LOT 5208 PRICE $1,480,000 $PSF $839 DOM 7 DOM SOLD SOLD 01/04/22 START $ $1,350,000 START 01/04/22
Address 1301 11th Street BD/BA 3br/1ba SQFT 1015 sqft LOT 5283 PRICE $1,750,000 $PSF $1,724 DOM 6 DOM SOLD SOLD 01/04/22 START $ $1,699,000 START 01/04/22
Address 1601 18th Street BD/BA 3br/2ba SQFT 1310 sqft LOT 5007 PRICE $1,680,000 $PSF $1,282 DOM 12 DOM SOLD SOLD 12/08/21 START $ $1,575,000 START 12/08/21
Address 1317 Gates Avenue BD/BA 3br/2ba SQFT 1518 sqft LOT 5098 PRICE $1,999,888 $PSF $1,317 DOM 19 DOM SOLD SOLD 11/23/21 START $ $1,999,888 START 11/23/21
Address 1220 Keats Street BD/BA 3br/2ba SQFT 1262 sqft LOT 5726 PRICE $1,866,000 $PSF $1,479 DOM 6 DOM SOLD SOLD 11/16/21 START $ $1,699,000 START 11/16/21
Address 1229 23rd Street BD/BA 3br/2ba SQFT 1344 sqft LOT 5005 PRICE $1,690,000 $PSF $1,257 DOM 0 DOM SOLD SOLD 11/01/21 START $ $1,690,000 START 11/01/21
Address 1909 Faymont BD/BA 3br/2ba SQFT 1821 sqft LOT 5313 PRICE $2,200,000 $PSF $1,208 DOM 11 DOM SOLD SOLD 09/20/21 START $ $2,099,000 START 09/20/21
Address 1904 Manzanita Lane BD/BA 3br/2ba SQFT 1820 sqft LOT 5398 PRICE $2,049,000 $PSF $1,126 DOM 17 DOM SOLD SOLD 09/13/21 START $ $2,199,000 START 09/13/21
Address 1509 Faymont Avenue BD/BA 3br/1ba SQFT 1091 sqft LOT 5398 PRICE $1,670,000 $PSF $1,531 DOM 0 DOM SOLD SOLD 09/07/21 START $ $1,475,000 START 09/07/21
Address 1822 8th Street BD/BA 3br/2ba SQFT 2045 sqft LOT 7505 PRICE $2,485,000 $PSF $1,215 DOM 8 DOM SOLD SOLD 08/24/21 START $ $2,125,000 START 08/24/21
Address 1610 23rd Street BD/BA 3br/2ba SQFT 1713 sqft LOT 4986 PRICE $1,700,000 $PSF $992 DOM 0 DOM SOLD SOLD 08/20/21 START $ $1,700,000 START 08/20/21
Address 1209 N Meadows Avenue BD/BA 3br/1ba SQFT 984 sqft LOT 4908 PRICE $1,400,000 $PSF $1,423 DOM 38 DOM SOLD SOLD 08/12/21 START $ $1,595,000 START 08/12/21
Address 1908 Wendy Way BD/BA 3br/2ba SQFT 1390 sqft LOT 5345 PRICE $1,465,000 $PSF $1,054 DOM 9 DOM SOLD SOLD 08/02/21 START $ $1,499,000 START 08/02/21
Address 1705 N Meadows Avenue BD/BA 3br/1ba SQFT 1002 sqft LOT 5997 PRICE $1,600,000 $PSF $1,597 DOM 0 DOM SOLD SOLD 07/29/21 START $ $1,600,000 START 07/29/21
Address 1610 21st Street BD/BA 3br/2ba SQFT 1309 sqft LOT 5003 PRICE $1,650,000 $PSF $1,261 DOM 0 DOM SOLD SOLD 07/29/21 START $ $1,650,000 START 07/29/21
Address 1642 2nd Street BD/BA 3br/2ba SQFT 1207 sqft LOT 5122 PRICE $1,750,000 $PSF $1,450 DOM 45 DOM SOLD SOLD 06/10/21 START $ $1,849,000 START 06/10/21
Address 1720 Magnolia Avenue BD/BA 3br/1ba SQFT 1008 sqft LOT 5019 PRICE $1,575,000 $PSF $1,563 DOM 0 DOM SOLD SOLD 06/03/21 START $ $1,575,000 START 06/03/21

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