Where's a Beach Buyer To Go?

By Dave Fratello | April 4th, 2014

Inventory is loosening up a bit here in Manhattan Beach – still cramped in general, but better than at any time this year, and higher year-over-year as well.

But there's one place where that's not true: By the beach.

The Sand Section has a mere smattering of listings. And yet, Summer's coming. Buyers need beach pads, don't they?

There's one listing new this week: 116 Rosecrans (3br/4ba, 1820 sq. ft.), an ocean-view TH build in 2008. They're asking $2.185M.

Last week, east of Highland, they brought out 3304 Alma (4br/4ba, 2450 sq. ft.), another ocean-view TH, asking $2.350M.

The only other Sand Section listing in the past 2 weeks was a 1.5-size lot on a prime, private street at 329 17th with a duplex on it, asking $3.700M (to start?).

Among the 8 properties now available in the Sand (use this link for the current Sand Section active listings), 4 are over $3M, one waaaaaay over $3M at $12.875M (that's 201 18th) and another isn't built yet (416 8th at $4.250M).

So where do you go?

Off market, of course.

See if you can persuade someone to sell who isn't formally listing a property.

That's what we're doing, and what people are asking us to do.

The buzz among agents is pretty constant. Do you have... ? Do you know... ?

So, got a beach house? Maybe a nice view? There's plenty of people looking, if you'll think about letting it go.

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