Weekend Opens (9/20-9/21)

By Dave Fratello | September 20th, 2008
One glance at this week's Beach Reporter list of opens, and we think you'll agree: Now the inventory is really growing. At least what's showing is growing.

There's plenty of new stuff in the Hills and Trees, but a curious dearth of new opens in the Sand Section. Could it be AVP syndrome?

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

We're asking MBC readers who visit these homes to also report back. Tell us what you see, what you like, what you don't like, what you'd change if you owned a particular home, and so on. Use the comments here to discuss the homes we've highlighted.

Hill Section

Sometimes you can tug at Mrs. MBC's heartstrings and get a nice little response.

So when the listing agent got a little personal – noting that he'd raised his two daughters at 1042 1st over the past 5 years – she saw that line about it being a "Special family home" as more meaningful.

When she saw that the builder was one of her faves, she started leaning toward supporting it.

And then, going thru the pix, she was hooked. 1042 1st is Mrs. MBC's pick for the week.

Here's a darling, huge home (5br/5ba, 4800 sq. ft.) that has been completely updated – so it's easy to look past the 1992 vintage.

Surprisingly good ocean views from the top of 1st St. Be aware, the location is very near to Sepulveda.

It's clear from the copy that the agent thinks the world of his home. It starts now at $3.495m. Open Sun. 1-4pm.

407 Larsson will be considered by the same crowd looking at 1042 2nd, or any of the other dozen-plus Hill Section listings above $3m. It's much newer (2005) and a bit bigger (5br/6ba, 5000 sq. ft.). No views, but a nice yard. This one also starts lower – at $3.150m – and closer to the acquisition price ($2.890m in Nov. 2005). Open Sun. 1-4pm.

Sand Section

The only "new" open in the Sand is actually something small and old. 131 Kelp was listed starting in mid-February of this year, and hung around for 4 months. The timing of its cancellation and return might suggest it was rented out, or used by the owners, for the Summer.

The little 2br/2ba, 1400 sq. ft. cottage, surrounded by bigger buildings, is up now at $1.049m, a trifle below the $1.095m price earlier this year. Open Sun. 2-4pm.

424 5th is a "sweet vintage beach cottage on a flat South End walk street with enough indoor/outdoor living space for the whole family." That's what Mrs. MBC had to say a few weeks back. It's still at $2.399m. Open Sun. 1-4pm.

Tree Section

2622 Pacific looks a bit like a large starter, a remodel of a 1946 cottage now with 3br/3ba and 2300 sq. ft. It's got a beachy feel, though a compromised location.

This one tried last year at $1.699m and slowly cut to $1.599m, but those prices were always out of kilter. (In June 2007, we noted the case of a smaller neighbor, 2804 Pacific, that came on at $1.399m at the same time. That one sold quickly for $1.420m. See "Price War Starting on Pacific?")

2622 Pacific canceled rather than adjust its price last year. It's up anew at $1.299m, which is substantially more realistic. Open Sat. & Sun. 1-4pm.

2907 Pacific
, a cute, remodeled starter just 400 sq. ft. smaller than 2622 Pacific, is just down the block, with a reduced price of $1.149m after 100+ DOM. Open Sun. 2-5pm.

1801 John is quite large (5br/4ba, 4000 sq. ft.) and very nicely located. (John!) It's priced near the pinnacle of comparable listings in the Trees at $2.850m. Open Sat. & Sun. 2-4pm.

848 14th is an ambitious, big (5br/5ba, 3500 sq. ft.) new home on a hill overlooking the lower soccer fields by Pacific School. It's also pushing the ceiling among new construction in the Trees at $2.899m to begin. Open Sat. & Sun. 1-4pm.


UPDATE: The original story made reference to 1042 1st being purchased 5 years ago for $1m. In fact, that was the price on an unrecorded land contract of sale from 1993 that was posted 5 years ago. We are happy to correct the record.

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