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Martyrs Area Lot Goes for $2.9M

2205 Agnes Road, Manhattan Beach,

What appears to have been the first escrow of the new year 2024 has now closed.

2205 Agnes offers a 3br/2ba, 1900 sqft. house, but you have to see the land as the thing – a generous 5939 sqft. plot that benefits from a funny little trapezoid of land added on in back that stretches further than neighboring homes' lots.

That extra land is a plus, although the lot itself has some downslope front to rear that can be tricky to work with.

On a cute street with a mix of classics and bold, newer homes, the property was going to be in demand.

Because it started out high, it took 5 weeks to get under contract. (The new deal was literally reported on Jan. 1.)

Start was $3.450M. Some flexibility was indicated with a big $300K cut in the 3rd week, and the eventual buyer took a little more off the top.

The closing price was $2.900M (no secret, since that's in the headline!), $550K below the start price, which probably was meant to include some structure value.

The 2-level 1940s original, with its somewhat glorious solarium in back, is certainly livable, but in prime locations like this, the little old houses don't tend to survive a modern transaction.

Heck, on the same block of Agnes, same side of the street, a super custom 2017-built modern sold for $4.8M two years ago, and still got flattened.

Location, location...


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Based on information from California Regional Multiple Listing Service, Inc. as of February 20th, 2024 at 8:55am PST. 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.