Weekend Opens (10/31-11/1)

By Dave Fratello | October 31st, 2009

Almost half the open houses this weekend include Saturday hours. Come in costume and you might get a cupcake, or some other treat – say, a flier with a mortgage projection. (Too scary?)

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.

East MB

The Lakers will be home Sunday night versus Atlanta, but this weekend, Lamar Odom won't be home in MB.

Instead, the public is invited to view 1639 5th (5br/5ba, 4175 sq. ft.), Odom's home of the past 3 years, which has become dispensable in his new vida loca.

The local fishwrapper says Odom is staying in the penthouse of a luxury hotel, which means no more Lamar sightings at Trader Joe's or elsewhere around town. But it also means no Khloe kraziness in MB, and let's count our blessings on that score.

This home has traded a few times since its 2002 construction:
  • April 2002: $1.495m
  • Sept. 2004: $2.080m
  • Oct. 2006:  $2.700m
Over the years, lots of work went into the house. Per the listing:
The interior was customized by the current owner who transformed it from a standard spec home to a model-like interior.
And it is rich inside, with new wood flooring added upstairs, custom cabinetry and stonework. The pool, spa and fire pit were add-ons after the initial spec work, too.

Another small detail: A peephole in the door to the master. This can be useful for screening solicitors who come to the door... er, actually, it's not clear what that's for.

One reason to grab a home on 5th and gussy it up so much is that people like the location. (Yes, we can say that even on a blog about SFRs west of Sepulveda.) 5th Street ends in a cul-de-sac to the east instead of connecting to Aviation, and also doesn't connect to Sepulveda. That makes for a quiet block.

So what's this nice, customized, East MB home of a sports star worth now?

The listing begins now at $2.399m, well above the 2004 value (it's been upgraded) but noticeably below the 2006 value. (Mr. Odom's new, guaranteed $33 million contract assures that any paper loss here won't sting.)

Open Sat. & Sun. 1-4pm.  And if you go to Lamar's, do say MBC sent you – they won't bite.

While we're talking East of Hwy. 1, gigantic 116 Terraza Place is open yet again. This is becoming a weekly habit.

See what a $10m estate in MB looks like – while it's still priced at $10m.

Open Sun. 2-5pm.

Sand Section

In the Sand this weekend, it's a tale of 2 listings at $1.6m:

89 Bayview (3br/4ba, 2075 sq. ft.) becomes the third listing in a row here that's not an SFR west of Sepulveda – it's a TH. For the "Weekend Opens" feature, we make exceptions for cool new offerings.

Bayview is a 3-level townhome in the quiet South End with some ocean views. The 1996 build is completely and sharply updated throughout, smacking more of new construction rather than a previous building cycle. (The exterior shot here doesn't do it justice; click the address above to link to the pics & listing details via Redfin.)

All in all, very compelling for the buyer who wants something clean, modern and ready to move in. Begins, as noted, at $1.599m.

89 Bayview is open Sun. 1-4.

316 Manhattan Ave. (4br/2ba, 1950 sq. ft.) got a mention here at MBC about 6 weeks ago. It's inevitably going to be compared to 89 Bayview, with both down South, similar size and the same price (for now).

316 Manhattan is a 60s build with some updates done, and some – maybe more – needed. That contemporary styling outside doesn't carry all the way inside to the kitchen (dated, needs an overhaul) or the baths (the master shows off its vintage too well). What looks like a glossy, cherry-wood floor in the living room pics turns out to be a bit more Pergonian than Brazilian.

On the plus side, this one has a different, family-friendly layout with 4br (!) all on one level, and the ocean views are more enveloping than at Bayview. If you can deal with Manhattan Ave. traffic, the wide street rewards you by opening up those views.

The listing has been active almost 6 months, with a fairly recent price cut to $1.599m, a nudge down from the March 2005 acquisition price of $1.655m.

316 Manhattan Ave. is open Sun. 2-4pm.

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