East MB Got Hot Quick

By Dave Fratello | February 2nd, 2015

At this rate, the average DOM for East MB listings is going to be tiny here in 2015.

Two of this weekend's open houses were sold (in escrow) by the kickoff of the Super Bowl. Already, 3 listings from the prior week had made deals.

Indeed, as of early Monday morning, all 7 of the most recent Manhattan Beach real estate listings to go into escrow were east of Sepulveda.

Here are the most recent 9 listings in East MB to go into escrow. (Email subscribers will have to click here or "View this email in your browser" to see all of the listings in a grid.)

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 216 Marine Avenue BD/BA 3br/4ba SQFT 1951 sqft LOT 2710 PRICE $3,975,000 $PSF $2,037 DOM 64 DOM START $ $3,975,000 START 11/21/19
Address 1437 23rd Street BD/BA 3br/4ba SQFT 2300 sqft LOT 7019 PRICE $2,549,000 $PSF $1,108 DOM 118 DOM START $ $2,850,000 START 09/11/19
Address 5 Lafayette Court BD/BA 2br/2ba SQFT 1474 sqft LOT 1734 PRICE $1,115,000 $PSF $756 DOM 83 DOM START $ $1,115,000 START 10/14/19
Address 1300 Curtis Avenue BD/BA 3br/2ba SQFT 1393 sqft LOT 5172 PRICE $1,398,000 $PSF $1,004 DOM 52 DOM START $ $1,498,000 START 08/12/19
Address 216 39th Street BD/BA 2br/2ba SQFT 1528 sqft LOT 1348 PRICE $1,550,000 $PSF $1,014 DOM 95 DOM START $ $1,699,000 START 09/13/19
Address 2909 Maple Avenue BD/BA 5br/5ba SQFT 3137 sqft LOT 4646 PRICE $2,699,000 $PSF $860 DOM 24 DOM START $ $2,699,000 START 11/19/19
Address 221 19th Street BD/BA 6br/7ba SQFT 5650 sqft LOT 2707 PRICE $10,000,000 $PSF $1,770 DOM 42 DOM START $ $10,000,000 START 07/25/19
Address 1021 33rd Street BD/BA 5br/4ba SQFT 3987 sqft LOT 7046 PRICE $2,999,000 $PSF $752 DOM 98 DOM START $ $3,799,999 START 07/10/19
Address 316 10th Street BD/BA 4br/5ba SQFT 4117 sqft LOT 2699 PRICE $3,999,000 $PSF $971 DOM 38 DOM START $ $4,429,000 START 07/29/19

Among those, we'd call out a few:

1901 Lynngrove Drive Manhattan Beach CA1901 Lynngrove (3br/1ba, 1100 sq. ft.) is a corner-lot Liberty Village cottage that's a bit updated but still has the original 1 bath limitation. For some extra square footage (not seen in the tax records) there is a separate bonus/family room structure in the backyard. As we noted in our weekend post, the backyard backs up to busy Redondo Ave.

There were immediate offers despite the rather full list price of $1.149M. It's going up from there.

1721 Gates Avenue Manhattan Beach CA1721 Gates (2bd/1ba, 1,100 sq. ft) has to be seen as a lot sale, with a start at $1.400M.

It's a full, flat 7500 sq. ft. lot, so that's a plus. It's a little bit far east.

We thought maybe $1.4M for the plot was a stretch, but they made a quick deal, so watch land values climb more in East MB.

1137 9th Street Manhattan Beach CA1137 9th (4br/4ba, 2,700 sq. ft.) is a recent down-to-the-studs remodel that came out last weekend. They had their deal posted by mid-week.

List was $2.099M. Over/under?

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