There is no neighborhood in Southern California quite like the "flat" South End walkstreets of the Manhattan Beach Sand Section.
Once people see it, they want it. Then it's a question of: Can you get it?
Dave has sold 3 homes on those treasured blocks in just the past couple of years, always off-market. These properties just don't trade much. And with scarcity, you see prices jump.
That's how a lot recently traded near $4M, and a built home way over $5M.
First let's look at one that has finally closed, after hot rumors flew for weeks.
316 4th St. is a full-size corner lot running along the alley at Crest.
You can go either way on whether the alley is a plus or minus. You've got no neighbor on that west side and there are ocean views down 4th Street,……