Recent MB Sales Under $2M

By Dave Fratello | November 28th, 2016

Want a livable Manhattan Beach home for under $2M?

It can be done. Just adjust your expectations properly. Here are just a few recent sales just under that magic number, each in different parts of town.

In East Manhattan, the sale we're looking at is 1731 9th Street Manhattan Beach CA1731 9th (4br/3ba, 2300 sqft.). It's a 1970s build with updates that are more like 7-8 years old.

The home's pretty far east, but boasts a full-size (7500 sqft.) lot, which is one of the big reasons people go east.

Though the listing sold within about 10 days, they kept it in "backup offer" status nearly until it closed. In that status (the wording is now "Active Under Contract"), the listing accrued Days on Market up until the day of closing, totaling 77 DOM.

It sold technically over asking (by $1,000) at $1.950M.

316 31st Street Manhattan Beach CABy the beach, it was 316 31st (2br/3ba, 1325 sqft.). 

This boxy, custom remodeled 1960s house is on a corner and gets some views. (Sorry, "stellar" views, per the listing.)

Inside, it's all high-style and spare modern. Polished concrete floors. Nice woods. The occasional burst of bold colors.

Asking was $1.899M; it sold quickly for just a bit less: $1.850M.

509 N Dianthus Street Manhattan Beach CAIn the Hill Section, it's 509 N. Dianthus (4br/3ba, 2150 sqft.) that has just closed under $2M.

This is actually the 4th sale in 7 years for 509 Dianthus. It has a way of selling, and selling, and selling. Each owner puts a little more into it.

The tall and skinny home with city views was actually listed 3 times this year: In Spring, Summer and Fall, with the highest asking price being $2.099M.

Closed price in mid-November: $1.875M.

Meantime, in the Tree Section, it's slim pickings. 

Try to find a livable family home under $2M in the Trees... hard.

Our search turned up mostly lot sales and homes with major location issues. 

716 Rosecrans Avenue Manhattan Beach CAFor an example, though, we're pointing to one of our faves: 716 Rosecrans (3br/2ba, 1500 sqft.).

This one's got nearly a double lot at 5700+ sqft. (typical Rosecrans lots are closer to 3000 sqft.).

That means a surprising feeling of space for a modestly sized home, redone with truly inspired style. The result is an open, crisp, bright home with good views and a feeling of being "set back" away from neighbors, Rosecrans and the world.

Location along Rosecrans seems pretty favorable (it's all relative), with trees planted on a berm across the way, mitigating the industrial reality on the other side.

Asking was $1.429M, and they had one of those old-fashioned bidding wars, with the price jumping to $1.475M.

We ran a similar post back in April that may be fun to go see again now: "What Around $2M Has Bought Recently."

Want to see every home now offered in MB under $2M? See below. (Email subscribers may need to click this link to see a list in a browser.)

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ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 1500 Voorhees Avenue BD/BA 4br/2ba SQFT 1744 sqft LOT 5784 PRICE $1,825,000 $PSF $1,046 DOM 5 DOM START $ $1,825,000 START 09/22/22
Address 1612 Harkness Street BD/BA 2br/1ba SQFT 883 sqft LOT 5392 PRICE $1,599,000 $PSF $1,811 DOM 5 DOM START $ $1,599,000 START 09/20/22
Address 1421 12th Street 2 BD/BA 2br/3ba SQFT 1337 sqft LOT 7497 PRICE $1,225,000 $PSF $916 DOM 12 DOM START $ $1,250,000 START 09/15/22
Address 32 Cayman Court BD/BA 3br/3ba SQFT 1876 sqft LOT 2417 PRICE $1,929,000 $PSF $1,028 DOM 12 DOM START $ $1,929,000 START 09/15/22
Address 1 Coronado Court BD/BA 3br/3ba SQFT 2042 sqft LOT 2567 PRICE $1,895,000 $PSF $928 DOM 13 DOM START $ $1,895,000 START 09/14/22
Address 323 S Aviation Boulevard BD/BA 3br/2ba SQFT 1524 sqft LOT 5296 PRICE $1,599,000 $PSF $1,049 DOM 54 DOM START $ $1,749,000 START 07/15/22
Address 3616 Elm Avenue BD/BA 3br/2ba SQFT 1714 sqft LOT 4854 PRICE $1,999,000 $PSF $1,166 DOM 62 DOM START $ $2,300,000 START 07/27/22

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