June 2017 Home Sales in Manhattan Beach CA

By Keith Kyle

June 2017 was a big month for home sales in Manhattan Beach CA with a fairly huge number of homes selling.  The summer months are always an active market and this year was no different with 57 Manhattan Beach homes closing escrow.  Thats well above the normal number of Manhattan homes selling in a month.  Median home prices were up significantly over June of the previous year with the median home in Manhattan Beach selling at just under $2,467,000 which was a 28% increase from June of the prior year.  Click here to see all of the recent home sales in Manhattan Beach CA.

City Homes Sold June 2017 Median June 2016 Median Year over Year % Change%
Carson 61 $445,000 $450,000 -1.1%
El Segundo 15 $800,000 $1,135,000 -29%
Gardena 70 $461,000 $430,000 7.2%
Harbor City 19 $465,000 $547,000 -15%
Hawthorne 45 $592,000 $624,000 -5.1%
Hermosa Beach 26 $1,718,000 $1,274,500 34.8
Lawndale 12 $535,000 $519,000 3.1%
Lomita 18 $565,000 $555,000 1.8%
Long Beach 419 $523,000 $470,000 11.2%
Manhattan Beach 57 $2,467,000 $1,924,000 28.2%
Marina Del Rey 34 $968,000 $900,000 7.6%
Palos Verdes Estates 46 $1,679,000 $1,533,000 9.5%
Playa Del Rey 34 $683,000 $603,000 13.3%
Rancho Palos Verdes 75 $1,240,000 $1,200,000 3.3%
Redondo Beach 117 $969,000 $945,000 2.5%
San Pedro 82 $510,000 $500,000 1.9%
Torrance 184 $673,000 $635,000 5.9%
Westchester 42 $1,090,000 $1,050,000 3.8%

Manhattan Beach Concerts in the Park

By Keith KylePoliwog Park

If you’re looking for some community summer fun, the concerns in the park series are a great way to spend your summer Sunday evenings.  Starting August 13th and ending on September 3rd the concersts take place at Polliwog Park (see map below) from 5pm to 7pm.  The summer schedule is:

  • August 13th – Shari Puorto Band
  • August 20th – Hollywood U2 (U2 cover band)
  • August 27th – Lynette Skynyrd (Lynard Skynyrd cover band)
  • September 3rd – Colour My World (Chicago cover band)

There’s No Better Place to Beat the Heat than Manhattan Beach

The South Bay is often referred to as “the bubble” and that can mean a lot of things…..lifestyle, schools and certainly the weather. There’s no doubt that the weather impacts the home values and a weekend like this one makes it clear why. While we in the bubble hear about this heat wave, with tempatures well into the triple digits, it just couldn’t be nicer at the beach. With tempatures “cooking” us in the mid 80’s and ocean tempatures nearing 70, you just wouldn’t know that it’s hot just a few miles away.  From bikerides on the beach, to surfing and playing volleyball, to shopping and dining in downtown Manhattan Beach, there’s something for everyone.  While in town take a look at the Manhattan Beach open houses if you’re interested in finding out just what it’s like to live in this wonderful coastal community.

Manhattan Beach Home Prices for May 2017

Manhattan Beach saw

City Homes
Sold
May 2017 Median May 2016 Median Year over Year % Change%
Carson 41 $458,000 $453,000 1.2%
El Segundo 8 $880,000 $803,000 9.7%
Gardena 65 $523,000 $425,000 23.1%
Harbor City 14 $503,000 $439,000 14.5%
Hawthorne 46 $610,000 $485,000 25.8%
Hermosa Beach 26 $1,738,000 $1,285,000 35.3%
Lawndale 16 $485,000 $455,000 6.5%
Lomita 18 $653,000 $488,000 33.7%
Long Beach 356 $472,000 $485,000 -2.6%
Manhattan Beach 46 $2,175,000 $1,875,000 16%
Marina Del Rey 32 $933,000 $925,000 0.8%
Palos Verdes Estates 47 $1,650,000 $1,499,000 10.1%
Playa Del Rey 31 $720,000 $560,000 28.6%
Rancho Palos Verdes 51 $1,275,000 $1,060,000 20.3%
Redondo Beach 87 $1,054,000 $950,000 10.9%
San Pedro 63 $620,000 $489,000 26.8%
Torrance 140 $690,000 $593,000 16.4%
Westchester 44 $965,000 $1,130,000 -14.6%

The lowest priced oceanfront home in Manhattan Beach

By Keith Kyle

As of July 5th there are 6 beachfront homes for sale on The Strand of Manhattan Beach.  Prices for these rare oceanfront homes and lots has  always been in high demand and prices have skyrocketed in the past 10 years.  Currently the home at 4117 The Strand is the lease expensive home for sale with a list price of $6,495,000.  The home is really being sold for land value and has now officially surpassed the one year mark that it’s been for sale.

4117 THE STRAND, Manhattan Beach, CA 90266 (MLS # SB16140273)

(all data current as of 8/20/2017)
Price $6,495,000
Beds 6
Baths 3 baths
Home size 2,804 sq ft
Lot Size n/a
Days on Market 419
Status Active
LOWEST PRICED PROPERTY ON THE MANHATTAN BEACH STRAND OFFERED WITH ADJOINING CORNER LOT PROPERTY AT 4122 THE STRAND CREATING THE POTENTIAL FOR AN OCEAN FRONT DOUBLE CORNER LOT PROPERTY AT THE SAME PRICE AS A SINGLE SOUTH MANHATTAN STRAND INTERIOR LOT. PRESENTLY IMPROVED WITH A 1930'S DUPLEX WITH SPACIOUS 2 BEDROOM UNITS WITH PANORAMIC OCEAN VIEWS WITH HARDWOOD FLOORS PLUS DETACHED ONE BEDROOM UNIT WITH OPEN BEAMS, 3 CAR GARAGE + 3 OFF STREET PARKING SPACES. REFURBISH EXISTING IMPROVEMENTS OR BUILD A GRAND RESIDENCE OR 2 TOWNHOMES WITH CITY APPROVAL. THE BEST INTERIOR VALUE ON THE MANHATTAN STRAND.

Property Type(s): Single Family

Last Updated 3/14/2017 Tract
Year Built 1939 Community 142 - Manhattan Bch Sand
Garage Spaces n/a County Los Angeles
Total Parking n/a

Price History

Prior to Mar 14, '17 $6,900,000
Mar 14, '17 - Today $6,495,000

Schools

High School Other

Additional Details

Area 142 - Manhattan Bch Sand HOA Dues 0
Parking Spaces: 6.00 Pool Description None
Stories 2 Utilities Sewer Connected
View Description Catalina,Coastline,Ocean,Panoramic,White Water Water Public
Waterfront Description Beach Access,Beach Front,Ocean Access,Oc Zoning MNRH
Lot Dimensions 33X105

Features

Air None
Appliances Garbage Disposal, Gas Stove
Fireplace Yes
Garage Garage
Heat Forced Air
Interior Ceramic Counters, Tile Counters
Style Traditional
View Yes
Waterfront Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Robert Schumann CalBRE:00707775, Real Estate West

(view all details for MLS #SB16140273)

Can East Hermosa Beach Compete with Manhattan Beach Prices?

There’s no doubt that the real estate market in Hermosa Beach is just as hot, if not hotter, than Manhattan Beach, but the newest listing east of PCH at 826 18th is definitely going to help determine if east Hermosa Beach can handle a price for new construction that exceeds some new construction in Manhattan, Hermosa’s more expensive neighbor to the north.  The area east of PCH in Hermosa Beach is generally the least expensive neighborhood in this small coastal community due to the fact that it’s the furthest from the beach.

826 18th Street, Hermosa Beach, CA 90254 (MLS # SB17111561)

(all data current as of 8/20/2017)
Price $3,900,000
Beds 5
Baths 5 baths
Home size 4,100 sq ft
Lot Size 5,227 sqft
Days on Market 68
Status Active
This brand new beautiful California Coastal Home is your opportunity to own a true entertainers delight. Features to include 5 bedrooms, 4.5 bathrooms, and approximately 4100+ SF of living space. The first floor features 1st Master bedroom with fireplace and ensuite bath which opens to a wrap around porch, 3 bedrooms, laundry room, and sitting area with built in study center leading to the back yard. Moving to the 2nd level is an expansive great room with fireplace, wet bar, and panoramic view from Palos Verdes to Santa Monica Bay. Also on the 2nd floor is the formal dining room, walk in pantry, wine room with 354 wine bottle capacity, gourmet kitchen with large island all being available to/from the great room and the 2nd Master bedroom with fireplace, private deck, and ensuite bath. Lastly on the 2nd level is the outdoor patio complete with kitchen amenities. To complete this home is a roof top deck with fireplace and over 855 SF for entertaining fully plumbed with all utilities. Other features of this home include Viking appliances, Caesarstone countertops, security system, 2 car garage, cedar paneling, white oak hardwood flooring, LED and integrated lighting system, dual controlled air conditioning and heating, central vacuum system, temperature controlled wine room, and large flat back yard. Truly no expense has been spared with thought to the craftsmanship and details of this lovely home. Truly a delight . . . indeed

Property Type(s): Single Family

Last Updated 8/11/2017 Tract
Year Built 2017 Community 150 - Hermosa Bch East
Garage Spaces 2.0 County Los Angeles
Total Parking n/a

Price History

Prior to Jun 15, '17 $4,200,000
Jun 15, '17 - Today $3,900,000

Additional Details

Lot 5227 sq ft Area 150 - Hermosa Bch East
HOA Dues 0 Parking Spaces: 2.00
Pool Description None Stories 3
Utilities Cable Available,Phone Available,Sewer Connected,Water Connected View Description Coastline,Ocean,Panoramic
Water Public

Features

Air Central, Dual, Electric
Air Conditioning Yes
Appliances 6 Burner Stove, Barbecue, Dishwasher, Energy Star Appliances, Garbage Disposal, Gas O
Exterior Rain Gutters
Fireplace Yes
Garage Driveway, Garage, Yes
Heat Fireplace, Forced Air, Natural Gas
Interior 2 Staircases, Balcony, Bar, Built-Ins, Ceiling Fan, Copper Plumbing Full, Crown Moldings, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wet Bar
LotDescription Back Yard, Landscaped, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
Master on Main Yes
Style Contemporary, See Remarks
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Debbie Lynn Setting CalBRE:01900371, Classic Design Properties

(view all details for MLS #SB17111561)

Manhattan Beach moves forward with undergrounding after nearly a decade

Good Beach Reporter article on undergrounding utilities in Manhattan Beach.  As a realtor one of the big complaints from owners, renters, and buyers is the utility poles blocking the views.

Source: Manhattan Beach moves forward with undergrounding after nearly a decade

Home of the Week – 624 9th Street in the Manhattan Beach Hill Section

624 9th Street was designed to showcase the panoramic views from multiple levels while bringing you & yours together in an atmosphere of satisfying luxury.  The 9,429 sf lot offers outdoor enjoyment for everyone, from the elevated viewing decks with outdoor fireplaces to the sport court and solar heated pool & spa. This solar powered estate home also features a bonus basement media room, formal living room, family room, breakfast room, all bedrooms and laundry on upper level, 4 fireplaces, a 3 car garage, & zoned A/C. Walking distance to downtown Manhattan and part of the award winning Robinson Elementary school area.

624 9th Street, Manhattan Beach, CA 90266 (MLS # SB17111296)

(all data current as of 8/20/2017)
Price $8,999,000
Beds 6
Baths 7 baths
Home size 6,342 sq ft
Lot Size 9,147 sqft
Days on Market 94
Status Active
A truly exceptional estate expertly designed to elevate your quality of life. This timeless classic offers beautifully versatile living spaces with views that go on forever and a prime location that affords both privacy and access to the community activity nearby. The property is designed to showcase the panoramic views from multiple levels while bring you & yours together in an atmosphere of satisfying luxury. The expertly designed chef's kitchen is equipped with top-of-the-line appliances and an oversized center island that looks out over the magnificent ocean views. Dual side-by-side Sub-Zero refrigerators serve to manage the demands of a large, active household and add convenience when catering events at home. The master retreat is a harmonious blend of both masculine and feminine aspects and showcases panoramic ocean views from nearly every vantage point. An en suite home gym allows one to start the day right. The large and private ocean view master deck invites you to cozy up by the fireside and spend some well-deserved alone time before settling in for the evening. The 9,429 sf lot offers outdoor enjoyment for everyone, from the elevated viewing decks with outdoor fireplaces to the sport court and solar heated pool & spa. This solar powered estate home also features a bonus basement media room, formal living room, family room, breakfast room, all bedrooms and laundry on upper level, 4 fireplaces, a 3 car garage, & zoned A/C. Walking distance to Downtown & Robinson.

Property Type(s): Single Family

Last Updated 5/19/2017 Tract
Year Built 2005 Community 144 - Manhattan Bch Hill
Garage Spaces 3.0 County Los Angeles
Total Parking n/a

Additional Details

Lot 9148 sq ft Area 144 - Manhattan Bch Hill
HOA Dues 0 Parking Spaces: 5.00
Pool Description Private,In Ground,Solar Heat Stories 3
Utilities Public; View Description Catalina,City Lights,Hills,Neighborhood,Ocean,Panoramic
Water Public Zoning MNRS

Features

Air Zoned
Air Conditioning Yes
Appliances 6 Burner Stove, Dishwasher, Double Oven, Freezer, Garbage Disposal, Gas Oven, Ice Make
Basement Yes
Exterior Rain Gutters
Fireplace Yes
Garage Direct Garage Access, Driveway, Garage, Garage - Fron, Yes
Heat Central Furnace
Interior Balcony, Beamed Ceilings, Built-Ins, Cathedral-Vaulted Ceilings, Granite Counters, High Ceilings (9 Feet+), Living Room Deck Attached, Pantry, Recessed Lighting, Storage Space, Tile Counters, Two Story Ceilings, Unfurnished, Wired for Data, Wired for Sound
LotDescription Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Yard
Pool Yes
Style Traditional
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : David Caskey CalBRE:01198999, Strand Hill Christie's Int'l

(view all details for MLS #SB17111296)

132 16th Street – Walkstreet Luxury in Manhattan Beach

**Updated information.  This home is currently in escrow.  This home is the epitome of Southern California beach living. The sophisticated design by renowned local architect Louie Tomaro incorporates coastal elements that seamlessly blend the interior with the exterior spaces. Brought to life and newly built by Moloney Development, this custom home offers jaw-dropping ocean, sunset & whitewater views south to Catalina and all the way north to Malibu. Warm wood elements, modern lines, and exquisite top of the line finishes provide a feeling of luxury and comfort in this 4 bedroom, 4.5 bath, 4,100 esf. home. Impressive amenities include a gourmet Chef’s kitchen, home office with custom built-ins, 3-stop elevator, media room with full bar, entertainment deck with BBQ and outdoor kitchen, 4 fireplaces, fully integrated Savant audio/video system, Lutron automated window shades, one touch lighting and 4-car parking!

We're sorry, but we couldn't find MLS # SB17111373 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

Manhattan Beach Tree Section 2017 Real Estate Update

It’s been a busy year in the tree section thus far with 88 homes having been on the market at some stage of the process since the beginning of the year.  Currently there are 14 active homes for sale in the Manhattan Beach tree section with a median home price of just under $2.7M as well as 25 homes currently in escrow (as of 4/24/17).  We have also seen 36 homes sell, or close escrow, since the beginning of the year with a average sales price of $2.56M.  The remainder were pulled off of the market for various reasons.  The map below shows the location of the homes with the green indicating an active listing, blue and orange in escrow and red the closed home sales.

Current homes for sale in the tree section of Manhattan Beach CA

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