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Best Manhattan Beach Homes |
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1761 5th 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 >>
1801 5th 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.
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.
319 32nd Place was the lowest priced single family home to sell in Manhattan Beach during July 2011. The 1br/1ba “home” over a 2-car garage is on a half lot (1,350 square feet). The home was built in 1932 and is 528 square feet. It last sold in 2002 for $545,000. This time it started at $769,000 and sold for $675,000 (basically land value). This home was reviewed as an open house listing last January.
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1768 Gates Ave. was the lowest-priced, closed sale of a single family home in Manhattan Beach during the month of March. It is located on a 6,150 square-foot lot in the Mira Costa Section. The 3-bedroom/2-bath home is 1,184 square feet and was built in 1953.
The picture on the left shows the home when it last sold in 2003 for $679,000. During the “home as a piggy bank” years the home was refinanced, most recently for $981,750 in 2006. By November 2008 the homeowner was in default and the home was offered as a short sale for $799,900. The bank assumed ownership in March 2010 and listed it for sale in August 2010. This home sold for $670,000 cash during March.
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1155 Magnolia Ave. was the lowest-priced, closed sale of a single family home in Manhattan Beach during the month of February. It is located on a 4,900 square-foot lot in the Heights/Liberty Village Section. The 2-bedroom/1-bath home is 1,002 square feet and was built in 1948.
It is one of a handful of similar rental homes in this area owned by the same investor. That investor died a few years back and his heirs have been trying to sell the various homes since 2007. This home was first listed in October 2007 for $940,000. It has been offered for sale by 3 different agents and the price has been chasing the market down over the years. It sold for $650,000.
910 14th St. was the lowest-priced, closed sale of a single family home in Manhattan Beach during the month of January. It is located on a half-lot (2,240 square feet) in the Tree Section. The 3-bedroom/2.5-bath home is 1,102 square feet and was built in 1941. The one-car garage has been converted to living space, so there is only street parking. The property has a small rear yard.
It was listed in November, 2010 for $959,500 and sold for $934,000. The price seems high considering the land value of a FULL Tree Section lot is about $800K, which would make the land value for this home around $400K. But the price makes a little more sense, when it is compared to townhome sales. The sellers bought the home in 2002 for $700,000.