1761 5^th Street was the least expensive single family home to sell in Manhattan Beach, California during December 2011. It is right across the street from the lowest $ sale last month, 1801 5th Street.  Read More >>

116 Terraza Place was the most expensive home to sell in Manhattan Beach, California during December 2011. Read more >>

612 John St. was the most expensive home to sell during November. It sold for $5.4 million. This was the home of Northrop Grumman CEO Wes Bush, before the corporate headquarters moved east. The 6-bedroom, 8-bath home is 7,398 square feet and has stunning ocean views. It was built in 2000 on the 9,982 square-foot lot. This home was reviewed by Best Manhattan Beach Homes in September, for its open house debut.

1801 5^th Street finally sold for $570,000 in November. This 2-bedroom, 1-bath single family home (812 square-feet) is on a 3,825 square-foot half lot. It was listed as a short sale for $699,000 in October 2010. The bank foreclosed in June of this year and it just sold as an REO property in “as-is” condition. This home was reviewed by Best Manhattan Beach Homes in November 2010, when it had an open house.

According to the Multiple Listing Service, the lowest sale price for a single family home in Manhattan Beach during October was $600,793, for 1131 22^nd Street. This 3-bedroom, 2-bath home was a short sale that finally sold off-market for all cash. But it had been listed for sale since February 2009, when it started as a standard sale with an asking price of $1,249,000. The lot is 5,952 square feet and the home was built in 1948. It previously sold in 2003 for $775,000.  The home had been rental property was in default since April 2009. The Trustee’s sale was postponed at least four times. Once the sale is recorded and the tax records updated, it will be interesting to see who got this below market deal and if the property will be back on the market soon, with a new higher price. The same agent represented both buyer and seller.

2504 The Strand was the most expensive Manhattan Beach home to sell during October. It went for $5,150,000, primarily for the 3,496 square feet of ocean-front land. The modern home (built in 1956 and remodeled in the 80s) has 3 bedrooms and 4 baths. The property also includes a 1-bedroom, 1-bath income unit. You can’t get closer to the beach in Manhattan Beach and it has awesome Malibu to Catalina ocean views. The asking price started at $7,190,000 in March 2011.

The most expensive home to sell in Manhattan Beach during September was sold off-market. 853 3^rd St. went for a cool $16,000,000. This represents the highest priced single family home to sell in Manhattan Beach ever. It is on a large, 11,400 sq. ft., Hill Section lot. The lot is twice the size of neighboring properties. The ocean-view house was built in 2007 with 6 bedrooms and 7 bathrooms.

The lowest priced single family home that sold in Manhattan Beach during September 2011 was 730 Rosecrans Ave. Rosecrans is a busy, 4-lane street which borders the Chevron refinery. The 3-bedroom/1-bath/874 square-foot home was built in 1955. The home is well maintained and has a recently-remodeled kitchen. The 25-foot wide, street-to-alley lot is 3,700 square feet. It sold for $671,000.

3615 Flournoy Rd. (formerly known as 668 Rosecrans Ave.) was the lowest priced single family home to sell in Manhattan Beach during August. Changing the address did not change the fact that it borders Rosecrans. Read the open house review, when this home was first listed. The original asking price was hopeful at $1,149,000 almost a year ago. It finally accepted an offer as a short sale 174 days later at $810,980 (-29.4%). It has taken from March 22 to August 9 to finalize the sale.

2908 The Strand sold in August for $7,800,000, making it the most expensive home to sell during the month. This 5-bedroom, 5-bath home is 4,142 square feet. It was built in 1931, but has obviously been remodeled since. It is on an oversized (for the Strand) lot of 4,550 square feet, with just over 44 feet of beach frontage. The existing home is livable, but the listing claims it was priced at lot value.