There are currently 34 blog entries related to this category.
Regular readers here know that we've got a listing on a downtown-adjacent walkstreet, the home at 233 7th St. in Manhattan Beach.
As is so often the case, the home's appeal is some mix of the home itself and its location.
So, that's how we made our video. Check it out!
Some mobile users and email subscribers will need to use this link to view the tour.
South of the Manhattan Beach pier, there's a special appeal to Sand Section homes that seems to propel values up.
One of the latest, and most interesting sales, is 617 Manhattan Ave. (3br/3ba, 1970 sqft.).
It's a 1980s Spanish that could use a round of updates. Big time.
When it launched at $4.900M, you may have assumed that was a full-lot house (2700 sqft.), but no. Per the MLS, the walkstreet-fronting home is situated on a 1344 sqft. plot of land.
Manhattan Ave., which tends to be busier than Highland Ave. south of the pier, runs along a side of the home.
The listing ran a month with no price cuts, but it turns out that the serious buyer who knocked did take a big discount.
The closed sale now: $4.250M. That's 13% under the asking price (-$650K).
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More than once this past month, we've been in conversation with clients about 329 1st (4br/3ba, 2075 sqft.), for the simple reason that it seemed unusually low-priced at $2.299M. (It's in escrow now.)
Think about that: A single-family home – on a half lot – in the sleepy South End of the Sand Section, offered in the low 2's. (With a glimpse of ocean, to boot!)
How rare, exactly, is that?
Y'know, we love to answer questions with data. We consulted our Advanced Computer Systems.
We found 28 sales of SFRs south of the pier under $3.000M from Jan. 1, 2013-the present. That's about one sale in the area in this price range per 1 1/2 months.
Wouldn't you know it, though – that really overstates how common a property like 329 1st has been:
It's been another busy year all around town, but the super-special slice of Manhattan Beach real estate that everyone loves to see is The Strand.
So what has happened, and what hasn't happened, along The Strand this year?
Let's take a look, in the way you know MBC always does – comprehensively, covering all the action.
Sold Strand Homes
3716 The Strand (9br/6ba, 4200 sqft.) is a North End triplex that dates back to the 1960s.
Oh, it was a simpler time in Manhattan Beach way-back-when. For one thing, people shared their Strand properties – they didn't hog the lot all to themselves.
You know the old MB, which was reportedly crawling with airline in-flight service personnel, bikers, dope dealers and Thomas Pynchon? That happened in places like this.
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