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September Lowest $ Manhattan Beach Home Sale

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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.

April Lowest $ Manhattan Beach Home Sale

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3608 Maple was the lowest-priced, closed sale of a single family home in Manhattan Beach during the month of April. It was a bank-owned home that sold for $689,000. In 2005, it was purchased as investment property for $1.25m. The 4,640 square-foot lot in the Tree Section is just 4 houses south of Rosecrans Ave. The 2-bedroom/1-bath home is 934 square feet and was built in 1952.

January Lowest $ Manhattan Beach Home Sale

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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.