All Blog Entries by Dave Fratello

There are currently 2,294 blog entries published by Dave Fratello.

Here's hoping you have a great, long weekend and take the chance to celebrate Summer's near-arrival.

With the long, holiday weekend, there are far fewer new listings this week and only a few debut open houses that we are featuring. However, the total number of listings in Manhattan Beach opening up to the public this weekend is only down a bit, from 52 last week to 42 this week.

Some mobile users and email subscribers will need to use this link to view the video.

To plan your open-house tours for this week, use MB Confidential's new online list of Manhattan Beach open houses (it's mobile-friendly!). Our open house link always appears in our weekly wrapups and on the main front page, under "Open Houses."

Below, click any address link to view all…

South of the Manhattan Beach pier, there's a special appeal to Sand Section homes that seems to propel values up.

617 Manhattan Avenue Manhattan Beach CAOne of the latest, and most interesting sales, is 617 Manhattan Ave. (3br/3ba, 1970 sqft.).

It's a 1980s Spanish that could use a round of updates. Big time.

When it launched at $4.900M, you may have assumed that was a full-lot house (2700 sqft.), but no. Per the MLS, the walkstreet-fronting home is situated on a 1344 sqft. plot of land.

Manhattan Ave., which tends to be busier than Highland Ave. south of the pier, runs along a side of the home.

The listing ran a month with no price cuts, but it turns out that the serious buyer who knocked did take a big discount.

The closed sale now: $4.250M. That's 13% under the asking price (-$650K).

If you're a writer or a reader (hi there!), you might know the old saw about headlines that are written in the form of a question.

According to what's known as Betteridge's Law of Headlines, if a header ends with a question mark, the answer is "no." (Example: A blog post titled, "Do Most People Know Betteridge's Law of Headlines?")

But here at MBC, we like toying with tradition. Defying expectations. Mixing it up.

Manhattan Pointe Townhomes Aviation Place Manhattan Beach CAAnd so it was with our headline on a December post about the "Manhattan Pointe" condo complex east of Aviation Blvd.: "Big Bump Coming at Aviation Place?"

Then, most definitively, our predicted answer to the question was, "Yes." A "big bump" was coming.

There had been no sales at all in the 28-unit complex of row-house-inspired townhomes…

Inventory is still running a bit high, but a number of homes at all price points are making deals here. You can't call this a stalled market right now, even if a lot more sellers want "in."

With 52 listings holding open houses this weekend, there's plenty for buyers to see. Our video this week captures a gorgeous newer build at 3220 Alma, Hill Section new construction just west of Sepulveda at 1033 8th, a downtown half-lot home at 229 9th and more:

 

Some mobile users and email subscribers will need to use this link to view the video.

To plan your open-house tours for this week, use MB Confidential's new online list of Manhattan Beach open houses (it's mobile-friendly!). Our open house link always appears in our weekly wrapups and on the main front