.

Manhattan Beach Market Update (thru 8/31/10)Today:8/31/10

.

Sand Section – Active SFRs above $2m

.

Active SFR Listings:25

.

Boldface price = changed since last report

.

Strikeout text = moved off actives since last report (w = withdrawn, k = canceled, x = expired, p = pending/escrow)

.

• next to address = new since last report; "r" next to address = returned after leaving actives (cancellation or escrow)

.

.

bd/basq. ft.lot sz.cond. Current PricePPSFTrue DOMInitial PriceInitial ListRelisted?ReduxComment

.

Click any address to view property online

.

$2m to $3m

.

P420 10th4/324002700remod$2,089,000$870103$2,195,0005/20/10$106,000

.

515 23rd2/325502700newer$2,149,000$84314$2,149,0008/17/10

.

427 19th4/437502700newer$2,200,000$58760$2,200,0007/2/10

.

473 29th5/541502700newer$2,569,000$61948$2,649,0007/14/10$80,000Sellers paid $1.570m new in Aug. '03

.

4320 The Strand2/211251550dated$2,750,000-454$2,750,0006/3/09YesSeller paid $2.650m in Aug. '07

.

404 10th5/329002700newer$2,799,000$96533$2,799,0007/29/10Seller paid $2.5m in Apr. '06

.

513 3rd4/540002700newer$2,799,000$700145$2,799,0004/8/10Sellers paid $2.750m in May '05

.

473 31st4/540002700newer$2,800,000$70047$2,800,0007/15/10Sellers paid $2.8m in July '08

.

329 19th4/436252700newer$2,999,000$82747$2,999,0007/15/10Sellers paid $2.950m in March '06

.

228 34th4/4/201037252700remod$2,999,000$805266$3,600,00012/8/2009$601000Purchased Jan. '03 before remodel

.

.

$3m+

.

445 33rd5/536002700new$3,125,000$86868$3,125,0006/24/10Sold immediately but returned to market

.

2808 Manhattan Ave4/433002075new$3,299,000$1,00047$3,299,0007/15/10

.

.

325 9th5/537002700newer$3,349,000$905201$3,695,0002/11/10$346,000Seller paid $3.659m in Mar. '07

.

224 31st5/541502700newer$3,499,000$84362$3,499,0006/30/10First offered for $4.995m in Aug. '07

.

133 6th4/435752700remod$3,500,000$979103$3,750,0005/20/10$250,000

.

132 20th5/540002700dated$3,599,000$90076$3,750,0006/16/10$151,000

.

316 10th4/541002700newer$3,800,000$927183$3,800,0003/1/10Bankruptcy sale

.

301 16th6/663003600remod$3,900,000$619186$4,649,0002/26/10Yes$749,000New agent May '10

.

221 3rd4/440502700newer$3,950,000$975141$4,250,0004/12/10$300,000

.

228 31st4/439502700new$4,395,000$1,11374$4,895,0006/18/10$500,000

.

125 2nd4/639752700remod$4,599,000$1,15746$4,599,0007/16/10

.

128 5th5/543002700new$5,799,000$1,34946$5,799,0007/16/10

.

2920 The Strand7/756754525remod$11,750,000$2,070336$12,500,0006/29/09YesSellers paid $9.0m in July '06

.

1804 The Strand5/5-3330new$11,900,000-68$11,900,0006/24/10

.

3516 The Strand6/555503500new$11,999,000$2,162284$12,999,00011/20/09$1,000,000Tried in Apr. '09 for $13.999m; took break

.

1600 The Strand3/552253330dated$13,500,000$2,584209$13,500,0002/3/10

.

.

.

Canceled/Expired (Last 6 Months)

.

404 19th5/744252700newer$3,125,000$706228$3,125,0006/17/09Yes

.

476 33rd5/543252700new$3,600,000$83252$3,600,00012/10/09

.

125 2nd4/539752700remod$4,999,000$1,258350$4,999,0003/13/09

.

420 36th4/430001800new$2,099,000$700496$2,295,0004/22/09Yes$196,000

.

473 34th3/431752700newer$2,199,000$693120$2,250,0002/25/10$51,000

.

216 7th4/548002700new$5,295,000$1,103400$6,495,0006/10/09Yes$1,200,000

.

.

Broken links? Corrections? Changes? Please email: mbwatcher [at] gmail.comcourtesy of and copyright by Manhattan Beach Confidential