We just toured a beautiful Manhattan Beach Sand Section Single Family Home at 441 1st Street and had the following observations:

– $4,899,999 listing price
– 5 bed / 5 ba, 4676 square feet
– 2799 sq ft lot
– 2 car garage

This is a beautiful French Chateau-style three-level home built on a fairly small sand section lot, which does not leave room for a front or backyard. The good news is that you are only a few blocks from the sand and can enjoy everything that Manhattan Beach has to offer. This is a great home for families and entertainers who would enjoy the eat-in kitchen with Viking appliances, counter seating as well as a breakfast table (in addition to a separate formal dining room). The large, dedicated media center/movie room stood out as a nice added luxury.

Call me today if you’d like to discuss this property and to schedule a showing.

Media Room

Master Bedroom

We just toured a new attached townhouse listing for 1150 N. Rowell Ave. in Manhattan Beach and had a few observations:

– $1,430,000 listing price
– 3 bd / 2.5 ba, 1824 square feet
– 8004 sq ft lot (shared between 4 total townhomes)
– New construction
– Front unit facing Rowell Ave.

This is a newly constructed attached modern townhouse in East Manhattan Beach just west of Pollywog Park off of Manhattan Beach Boulevard. This is the last unit available in a four-townhome complex. Open floorplan with a unique indoor/outdoor living area. High ceilings in family room and two car underground parking (not gated).

Call me today if you’d like to discuss this property and to schedule a showing.

View from Upstairs Loft Looking down to Living Room

We just toured a new listing for 1751 10th Street in Manhattan Beach and had a few observations:

– $1,465,000 listing price
– 3 bd / 2ba, 1402 square feet
– 7502 sq ft lot
– Built in 1947

This is an older home that will serve well as either a “starter” home in MB or as a developer’s target for a teardown and new build. Older homes with lots of this size in East Manhattan Beach have been listed for similar prices.

Call me today if you’d like to discuss this property. We have a team of builders, architects and designers that can help you build your dream home using this great lot in Manhattan Beach!

Huge Backyard!

(310) 595-6774
neetu@neetugillespie.com

The real estate market tends to slow down over the holidays in the South Bay, and this year has been no different. Many properties have continued to linger on the market with Average Days on Market climbing to 117 days for Manhattan Beach, 88 days (Redondo Beach), and 102 days (Hermosa Beach). Below is a summary of each city’s average price per square foot, the median single family home price, and total inventory.

Avg. Price Per Square Foot
– Manhattan Beach $1,137
– Hermosa Beach $1,159
– Redondo Beach $667

Median Single Family Home Price
– Manhattan Beach $3.017 million
– Hermosa Beach $2.745 million
– Redondo Beach $1.382 million

Total Inventory
– Manhattan Beach (72 active properties, 27 under contract/pending, 99 total)
– Hermosa Beach (42 active properties, 14 under contract/pending, 56 total)
– Redondo Beach (80 active properties, 57 under contract/pending, 137 total)

If you are looking to purchase a property and have found an active listing you’re interested in, now is a great time to put in an aggressive offer and test sellers’ interest, potentially obtaining the property below the listing price. On the flip side, if you are thinking about selling your home or investment property this Spring, now is a great time to schedule an appointment to put a marketing plan in action. Our team can help prepare your home to put it in its best light to generate the highest possible demand and to achieve the highest sales price. Call or email today to get started!

(310) 595-6774
neetu@neetugillespie.com