Cutting Before the Fall Rush

By Dave Fratello | August 27th, 2019

Your listing ran all Summer. Maybe you had some showings and interest, maybe not.

The reality is, the local real estate market could change next week, and the field will likely look a lot different by mid-September. New listings are coming.

What do you do now?

About 10% of the listings on the market have cut just in just the past week.

Among them:

608 15th Street Manhattan Beach CA608 15th (5br/6ba, 5050 sqft.)

This was a Mediterranean and now has a Spanish flavor. Location very near Martyrs. Large home featuring some ocean views (for real).

This one was purchased for $4.438M in March '17 before some stylistic updates.

Launched early in 2019 at $5.300M, it has now made its 4th cut of the year (including a re-list) to $4.695M.

1411 Pacific Avenue Manhattan Beach CA1411 Pacific (4br/3ba, 2000 sqft.)

This is a charming throwback 1960s home with additions and very recent modernization to kitchen, baths and more.

Location across from Pacific school and close to town is compelling.

The start price of $2.299M in late June looked just about right, but Summer didn't produce a sale.

Now at $2.199M.

316 10th (4br/5ba, 4120 sqft.)

316 10th Street Manhattan Beach CAThis walkstreet modern has an extremely long history of trying to sell and not selling.

Last year, it was offered as a BK sale and everyone was assured this was really the time it was going to sell. No.

Earlier this year in 2 separate listings, it was offered and everyone was told this was truly the time.

In a way, someone was right. The bank bought it. The home foreclosed in early July, with the trustee's sale showing $3.357M.

Now it's an REO going to "auction," first listed at $4.429M and adjusted last week to $3.999M.

The BK listing last year was at $3.900M and that didn't trade. But they're trying again in different circumstances.

1021 33rd Street Manhattan Beach CA1021 33rd (5br/4ba, 4100 sqft.)

This is a unique Mediterranean-become-Spanish in a surprisingly private location on an unusual lot.

33rd St. in this case is a tiny segment where Ardmore meets Oak before the light at Sepulveda.

This one launched at $3.799M and has trimmed back to $3.299M over 7 weeks.

1305 Church Street Manhattan Beach CA1305 Church (4br/5ba, 3100 sqft.)

This custom Spanish beauty on a smallish South Martyrs lot is one of our favorite homes on the market in the past few months.

It's a specific fit but compelling.

Emerging in late June at $3.099M, it's now down to $2.899M after 2 months.

Oh and there's one outlier...

933 8th Street Manhattan Beach CA933 8th (5br/4ba, 3175 sqft.) has raised it price.

The fixer/lot sale in the Hill Section sold quickly early this year for $3.275M.

Perhaps the buyers changed their minds, because they became sellers.

They first listed the home for resale at $3.199M last week.

Then they changed strategy and price, raising it $400K to $3.599M. We'll see how that goes.

Below we'll display (on the website, not in email) all of the latest listings with price cuts in Manhattan Beach.

This list automatically updates.

Latest Price Cuts in Manhattan Beach

There Are So Few Lots In The Manhattan Beach Sa...

OPEN HOUSE

3419 Bayview Drive

Manhattan Beach, CA

  • 4 BR
  • 4 BA
  • 3,385 SqFt.
  • 1,891 Lot

$3,999,995

Active

DOM: 119

Price:
$3,999,995
BR/BA:
4br / 4ba
Sq. ft.:
3,385
Area:
Sand Section
City:
Manhattan Beach
DOM:
119
ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 200 Ingleside Drive BD/BA 4br/5ba SQFT 4914 sqft LOT 2691 PRICE $3,250,000 $PSF $661 DOM 47 DOM START $ $3,450,000 START 12/12/19
Address 1776 Voorhees Avenue BD/BA 3br/2ba SQFT 1622 sqft LOT 4855 PRICE $1,599,000 $PSF $986 DOM 21 DOM START $ $1,599,900 START 01/07/20
Address 628 35th Street BD/BA 4br/2ba SQFT 1912 sqft LOT 5403 PRICE $2,099,000 $PSF $1,098 DOM 81 DOM START $ $2,399,000 START 11/04/19
Address 2509 Poinsettia Avenue BD/BA 5br/4ba SQFT 3294 sqft LOT 4481 PRICE $2,949,000 $PSF $895 DOM 71 DOM START $ $2,995,000 START 11/01/19
Address 3215 Vista Drive BD/BA 3br/4ba SQFT 2400 sqft LOT 3500 PRICE $2,499,000 $PSF $1,041 DOM 96 DOM START $ $2,599,000 START 10/24/19
Address 811 1st Street BD/BA 3br/2ba SQFT 1596 sqft LOT 5126 PRICE $2,999,999 $PSF $1,880 DOM 298 DOM START $ $3,250,000 START 04/05/19
Address 432 Marine Avenue BD/BA 3br/4ba SQFT 2041 sqft LOT 2709 PRICE $2,699,000 $PSF $1,322 DOM 51 DOM START $ $2,799,000 START 12/08/19
Address 441 1st Street BD/BA 5br/4ba SQFT 4676 sqft LOT 2799 PRICE $3,499,000 $PSF $748 DOM 75 DOM START $ $3,699,999 START 11/13/19
Address 28 Westport BD/BA 4br/3ba SQFT 2778 sqft LOT 5383 PRICE $2,650,000 $PSF $954 DOM 169 DOM START $ $2,800,000 START 08/12/19
Address 1651 23rd Street BD/BA 3br/2ba SQFT 1208 sqft LOT 4972 PRICE $1,425,000 $PSF $1,180 DOM 81 DOM START $ $1,450,000 START 11/08/19
Address 127 16th Street BD/BA 5br/3ba SQFT 2157 sqft LOT 2700 PRICE $5,999,000 $PSF $2,781 DOM 187 DOM START $ $7,200,000 START 07/25/19
Address 2304 The Strand BD/BA 3br/3ba SQFT 2360 sqft LOT 3497 PRICE $7,950,000 $PSF $3,369 DOM 350 DOM START $ $9,950,000 START 01/18/19
Address 3400 The Strand BD/BA 5br/6ba SQFT 5478 sqft LOT 3502 PRICE $15,900,000 $PSF $2,903 DOM 169 DOM START $ $16,750,000 START 08/12/19
Address 204 Anderson Street BD/BA 3br/3ba SQFT 1800 sqft LOT 3253 PRICE $2,495,000 $PSF $1,386 DOM 91 DOM START $ $2,550,000 START 10/29/19
Address 328 19th Street BD/BA 5br/5ba SQFT 4107 sqft LOT 2698 PRICE $5,395,000 $PSF $1,314 DOM 166 DOM START $ $5,795,000 START 07/29/19
Address 460 29th Street BD/BA 4br/6ba SQFT 3852 sqft LOT 2708 PRICE $3,995,000 $PSF $1,037 DOM 187 DOM START $ $4,200,000 START 07/25/19
Address 3419 Bayview Drive BD/BA 4br/4ba SQFT 3385 sqft LOT 1891 PRICE $3,999,995 $PSF $1,182 DOM 119 DOM START $ $4,300,000 START 09/19/19
Address 1246 10th BD/BA 6br/6ba SQFT 7000 sqft LOT 7500 PRICE $5,295,000 $PSF $756 DOM 197 DOM START $ $5,495,000 START 07/15/19

 

 

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