Sunday Opens (7/27/08)

By Dave Fratello | July 27th, 2008
Our theme for the week might be "flat." Three featured listings here (2 of them new) are priced very close to their purchase prices in Feb. 2005, March 2005 and March 2007.

No pick from Mrs. MBC this week – she said, "Wow me," and frankly there wasn't anything new this week that could do that. She's smart to hold off.

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

Hill Section

Nothing new in the Hills this week after we had two neighbors come on last week. But here are some options of interest:

913 8th (pictured) ain't much, stylewise, from the outside, but the home is warm, sizable (4br/3ba, 2925 sq. ft.) and has a comfortable 7200 sq. ft. lot with treetop & city views. Still at $2.249m after about 6 weeks and 1 failed escrow. Open Sun. 2-4pm.

717 10th is a sharp, appealing modern home with big ocean views. Offers 5br/4ba and 4250 sq. ft. on a 5800 sq. ft. lot. Still at $3.850m, a tad more than $1m above the Oct. 2004 purchase price. Open Sun. 2-4pm.

Almost neighboring 755 11th (the Georgian) and 724 11th (contemporary) are both priced at $3.199m, and both open Sun. 1-4pm.

Sand Section

232 5th Place
(first pic) is back only about a year after it was last purchased (March 2007).

It's a pleasant, shingled beach home with 3br/3ba and almost 2050 sq. ft. on a half lot (1350 sq. ft.).

The owner paid $1.750m and now requests $1.825m. Open Sun. 1-4pm.

532 6th, a warm contemporary on the walkstreet at Valley, this week sports a new agent and a new price ($1.999m), really gearing up for its third full run at this market. It offers 4br/4ba and 2700 sq. ft., tidy spaces and a warm environment. The master is a retreat with treetop views to the west.

532 6th first hit MBC's radar last November (see "6th Street Is Turning Over"), when it began at $2.7m. Given that the home had been purchased in March 2005 for $1.818m, we noted:
532 6th is pushing the envelope seeking almost 50% above the price from about 2 1/2 years ago
But that was a brief experiment. It came back this June for $2.350m. The new price, $1.999m, is just +$181k/+10% above the March 2005 price. It's a real charmer if you can handle the Valley location. Open Sun. 1-4pm.

Tree Section

3212 Blanche was new a few years ago (2004) and sold twice quickly, the most recent occasion being Feb. 2005 ($1.800m). It offers 4br/5ba, 3100 sq. ft. on a 4400 sq. ft. corner lot (on Blanche). Very sunny with some treetop views. Now priced at $1.899m, pretty flat from 3+ years ago. Open Sun. 1-5pm.

Someone has to live across from the Belamar hotel, because there are homes like 3513 Oak there. The nice tradeoff is the discount. You get a fairly well updated 3br/3ba, 1800 sq. ft. home with a decent yard for $999k. Bonus: The "wonderful open floor plan ... feels warm and happy" (listing). Open Sun. 1-4pm.

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