We've just wrapped up the sale of a home where the location always had us thinking and talking.
It's 329 11th (5br/5ba, 4100 sq. ft.), very nicely executed new construction just a block off of Manhattan Beach Boulevard.
For starters, there's no debating the currency and beauty of the home. It's white and…
We've just wrapped up the sale of a home where the location always had us thinking and talking.
It's 329 11th (5br/5ba, 4100 sq. ft.), very nicely executed new construction just a block off of Manhattan Beach Boulevard.
For starters, there's no debating the currency and beauty of the home. It's white and bright and modern, with an island Four Seasons feel to the whole property.
The top floor is wide open, not a wall or a step to be found – the complete "great room" feel that buyers find so attractive today. There are peeks of ocean, PV and the Hill Section over and between the rooftops, giving you a distinctive sense of place.
And then there is the location, near both the beach and downtown.
For some, clearly, it was "too close" to downtown. That's the rap on 11th Street.
But from our take, and our clients' perspective (the buyers), it was a plus to feel fully connected. It's no effort at all to shuffle over to grab a coffee, juice, groceries or dinner. Go west down 11th and you're at the pier in 3 minutes.
The location beckons you to come out, explore, mingle. Yet the walkstreet itself seems quiet, all but unaffected by the bustle 50 yards north.
Moreover, just try to name a Southern California beach town's downtown area that's on more of an upswing. Our once-sleepy little downtown with locals-only favorite shops, restaurants and taverns is now becoming recognized as a compelling destination in and of itself.
The beach is always a draw. Now it's our downtown, too.
This sale really got us focused on that fact. It was the feeling of being "in the mix" that underscored the growing lifestyle value of downtown MB.
As for the purchase, our clients paid $400K less than asking – on new construction.
Town, beach and a discount: A nice package in the end.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2023 at 3:15am 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.
