Family Walkstreet Options Grow

By Dave Fratello | June 12th, 2019

The mostly flat family walkstreets of the South End, east of Highland, are a special kind of paradise. If you've spent any time before here on MB Confidential, you've heard us sing the praises of the area.

Listings in this must-have neighborhood often have been hard to come by. Almost all the homes Dave has sold on the flat walkstreets were worked out off-market. (And we have an off-market listing there now, too. Email Dave for more.)

But the on-market options are, suddenly, a bit plentiful.

440 6th Street Manhattan Beach CA440 6th (6br/6ba, 4150 sqft.) is a 2009 build with modernizations.

It's at one end of the block running along Ingleside. That's a sleepy neighborhood street so we tend to see that location for its advantages: No neighbor to the east, extra parking etc.

It sold new in 2010 for $3.275M, but the land alone is worth that or more today.

It was resold in 2016 for $4.600M, and now has terrific upgrades.

Asking price: $6.450M today after 7 weeks. (Start was $6.850M.)

401 10th Street Manhattan Beach CA401 10th (4br/5ba, 4100 sqft.) is so close to downtown that downtown is actually the backyard.

The alley behind the home is 10th Place, which goes behind the Beach Vons, and you can walk along Morningside to get juice or coffee almost more easily than going to the top-floor kitchen.

The 2005 build is asking $5.850M and has only 3 weeks on market so far.

405 5th Street Manhattan Beach CAMeantime, new but not yet ready for occupancy is 405 5th (6br/6ba, 4250 sqft.).

They're just finishing it up now, expecting a Summertime move-in.

This image is a rendering. In reality, there are neighbors.

Ask: $6.899M.

320 7th Street Manhattan Beach CANew and ready for occupancy is 320 7th (5br/7ba, 4250 sqft.), with its hugely open middle floor and lots of nice designer touches. (We mentioned it in our weekend post.)

This new home is asking $6.595M.

Want to build your own?

You might look just east of Ingleside to 513 5th, a lot sale asking $3.349M.

Feeling daring and modern?

316 10th Street Manhattan Beach CAIn its 3rd listing of this year (already), a corner lot on Crest at 316 10th (4br/5ba, 4120 sqft.) is now at $4.490M.

That's neither the highest nor the lowest price on 7 listings of the property going back to 2008, most more recent.

Just off the walkstreets, there are other South End listings available at:

409 3rd (5br/6ba, 4175 sqft.), new and asking $5.495M,

a Craftsman-inspired home at 539 4th (4br/3ba, 3200 sqft.) asking $3.499M, and,

yes, the somewhat Mediterranean house at 441 1st (5br/5ba, 4675 sqft.) is still out there, now at $3.699M, sporting an incredible 682 combined Days on Market for listings going back to August 2016.

All of those listings are on full lots, but only a couple are newer than our special half-lot SFR listing near downtown. (Email Dave for more.)

There were two $6M+ sales last year that are driving the asking prices for the new homes: 337 6th (4br/5ba, 4225 sqft. in June '18 at $6.900M) and 412 8th (5br/6ba, 4425 sqft.) at $6.300M in October 2018.

One thing we used to say to clients was: If you want the walkstreets, be ready to wait.

Now it's more like: If you want the walkstreets, make time in your day to see all that's out there.

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