Sunday Opens (2/28)

By Dave Fratello | February 28th, 2010
February looks like it's going to close out with 38 new SFR offerings west of Sepulveda – a bumper crop here in Winter as Spring officially approaches.

Once again that means plenty of new offerings for open-house viewing.

To plan your open-house tours for this week, use MB Confidential's online list of Manhattan Beach open houses (it's mobile-friendly!).

Please report back here at MBC on any open houses you visit – what you like, what you don't like, etcetera.

Hill Section

1009 8th (5br/5ba, 4550 sq. ft.) is a big, newer (2004) home with a big sense of space, including amply sized secondary bedrooms. On this 7200 sq. ft. lot, you also get a real yard without going east of Sepulveda.

Yes, Highway 1 is relatively nearby, but the location is off the path enough to be a quiet corner of the Hills.

Sellers paid $2.280m new in Nov. 2004 and seek more or less the same price now: $2.3m. A larger family could easily prefer this offering to much of what's available in the Trees.

1009 8th is open Sun. 1-4pm.

Sand Section

Arches, curves and other unusual shapes accent 473 34th (3br/4ba, 3175 sq. ft.), a custom, newer (2005) home up near the quiet end of a cul-de-sac on the plateau.

Even if they re-open Sand Dune Park, it's virtually no factor at 34th St. The listing boasts of a "beautiful... hidden city lights view."

Click here for a narrated virtual tour, or drop by in person Sun. 2-4.

3316 Crest (4br/4ba, 2100 sq. ft.) is uptown contemporary beach living – an ambitious remodel that is cozy in parts (very small BRs), on a half lot. Includes a separate rental or guest unit downstairs.

Terrific, unexpected, big-time ocean views upstairs, and a nice execution of the modern wood/steel/glass look on the remodel.

Crest was offered in Summer & Fall 2008 for $1.995m, but didn't sell. Starts now at $1.785m.

3316 Crest is open Sun. 1-4pm.

Tree Section

2305 Pine (3br/2ba, 2000 sq. ft.) is a late-40s cottage with lots of updates all around.

Extra bonus: The covered patio/outdoor room for entertaining – really, why live inside here in MB?

As MBC noted the other day, Pine sold in Summer 2007 for $1.570m, and starts now at $1.449m. (See "2305 Pine Is Back, 3 Years Later.")

2305 Pine is open Sun. 1-4pm.

660 33rd (5br/5ba, 4750 sq. ft.) is probably the best deal by the square foot in the Tree Section, certainly in terms of new construction. At $2.195m, you can be the first occupant of the home for $461/PSF – 2/3rds the price of other newbies.

The "rustic spanish" (listing) already served a long tour of duty on the local market, running from June 2008 till late last year, when the bank took it back. It's now an REO. (See "REO Speckie Gets a Markup.")

The listing certainly lingered for most of that time due to price, but there is also the problem that people just haven't loved the house for any number of reasons. Price should cure the range of issues this year.

Speaking of price, for a little window last year, the same home was offered for $200k less (as our story linked just above noted), but that was then.

660 33rd is open Sun. 1-4pm.

3001 Valley (3br/2ba, 1975 sq. ft.) is a curious 1950s cottage that doesn't look like much on the outside, but offers decent space inside and a 5000 sq. ft. lot for $995k.

There are all kinds of issues, from the speedway location to the overgrown yard to the obsession with blue, inside and out. You'd want to update the updates and spruce up the ugly-duckling aspects, but if you take a little vision to Valley you get more land and more space than other entry-level homes.

Note that $995k is 30% below the price of similarly sized 2305 Pine, the first Tree Section listing above. Whether that makes this one a deal all depends on your priorities.

3001 Valley is open Sun. 1-4pm.

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