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Manhattan Beach Market Update (thru 6/30/10)Today:6/30/10

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Sand Section – Solds

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Pending and Sold SFRs

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• next to address = new since last report

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bd/basq. ft.lot sz.cond.SOLD pricePPSFClosedInitial PriceInitial ListTrue DOMComment

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Pending/Escrow

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505 3rd4/224752700dated---$1,639,0003/30/09245Sellers paid $1.6m in Sept. 2005; NOD in Aug. '09

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228 20th5/541502700newer---$3,899,00012/17/08420

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3408 Crest1/210501100dated---$1,050,00010/5/09161Short sale last at $779k; Sellers paid $890k in Sept. '05

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124 3rd6/646502700remod---$4,295,0003/24/1019

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131 Kelp2/214001350dated---$899,0003/2/1074

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332 10th4/541002700newer---$3,399,0005/22/101

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121 8th3/315002700dated---$2,950,0005/3/1025

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517 5th3/214752700remod---$1,699,0005/19/104

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440 5th4/430751800newer---$2,899,0006/8/104

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501 7th4/439752700dated---$2,540,0004/1/1075Last at $2.190m

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456 27th3/326252700remod---$1,690,0003/7/10100

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123 44th3/417001350remod---$1,490,00011/10/09232Short sale; Sellers paid $1.490m in Jan. '07

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539 24th3/214753640remod---$1,345,0006/4/1020

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469 32nd3/316752700remod---$1,299,0006/17/1012

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Sold (last 6 mos.)Redux $Redux %

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317 17th4/225502700remod$2,000,000$78412/3/09$2,000,00011/11/0911Seller paid $2.050m in Nov. '06; tried at $2.799m in '07

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321 17th St5/330004050dated$2,300,000$76712/10/09$2,579,00010/30/08381$279,00011%

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528 24th2/212002725remod$1,060,000$88312/18/09$1,150,00011/9/0911$90,0008%Seller paid $1.250m in Oct. '06

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537 21st3/216502725dated$1,010,000$61212/18/09$1,190,0009/27/0953$180,00015%

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429 7th4/321252700remod$1,950,000$9181/5/10$2,399,00010/22/08374$449,00019%

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441 6th Pl--2700tdown$1,500,000-1/7/10$1,649,0009/30/0941$149,0009%Corner lot at Ingleside/7th

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132 2nd4/643002700remod$3,300,000$7671/12/10$4,500,00010/8/09137$1,200,00027%Tried in '08 for $6.0m; sellers paid $3.5m in Apr. '05

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216 30th2/419751350remod$1,615,000$8181/22/10$1,675,00011/23/092$60,0004%

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1704 Highland4/433002700newer$2,100,000$6661/22/10$2,199,00012/29/0927$99,0005%Seller paid $2.125m in Aug. '06

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304 16th Pl3/321001500new$1,637,500$7802/27/10$2,099,00010/18/08468$461,50022%

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501 4th5/541002700newer$2,525,000$6162/25/10$2,599,0004/23/0999$74,0003%Seller paid $2.75m in June '06

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316 Manhattan Ave4/219501650remod$1,430,000$7333/5/10$1,699,0005/12/09292$269,00016%

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908 The Strand4/527753330dated$6,030,000$2,1733/5/10$5,595,0002/1/1017

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225 Moonstone3/213501250remod$1,125,000$8333/8/10$1,125,0002/10/108Sellers paid $1.140m in Dec. '05

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125 8th4/321502700remod$2,725,000$1,2673/29/10$2,995,0003/4/1011$270,0009%

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332 20th5/543002700new$3,050,000$7094/13/10$3,895,0009/17/09151$845,00022%Began at $4.795m in Feb. '08; rented out a while

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405 9th2/17002700tdown$1,750,000-4/20/10$2,300,0001/28/1046

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432 9th4/326502700remod$2,720,000$1,0264/22/10$2,699,0002/12/1010

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129 8th4/433502700remod$2,850,000$8514/23/10$2,995,0002/8/1016$145,0005%Tried in '09 for $3.495m

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3413 Bayview2/211001500dated$858,000$7804/28/10$835,0003/10/1021

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532 5th Pl2/29001350remod$835,000$9284/29/10$869,0001/14/1041$34,0004%Seller paid $923k in Jan. '06

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112 The Strand3/444003330remod$7,334,000$1,6675/3/10$7,795,0002/10/1033$461,0006%

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3316 Crest4/316001400remod$1,685,000$1,0535/7/10$1,785,0002/18/1025$100,0006%

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215 S. Valley4/325505000dated$1,235,000$4845/17/10$1,235,0002/11/1048Tried in '09 from $1.399-$1.65m

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1200 The Strand5/542503330remod$7,500,000$1,7655/18/10$10,700,0002/27/1093$3,200,00030%

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3204 Vista2/212001350remod$1,050,000$8755/21/10$1,225,00010/23/09170$175,00014%Purchased 2008 before big remodel

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204 19th4/442502700newer$3,900,000$9185/21/10$5,700,0009/10/08612$1,800,00032%Seller paid $5.0m in Aug. '06; last at $4.599m

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455 35th4/330752700remod$1,599,000$5205/21/10$1,599,0004/14/104

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435 10th4/320252475dated$1,499,000$7405/21/10$1,799,00010/23/09159$300,00017%

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416 6th5/326002700dated$1,804,000$6945/21/10$1,779,0003/4/105

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121 17th3/322002700dated$2,600,000$1,1826/2/10$3,999,95010/14/09183$1,399,95035%

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317 8th3/320502700dated$1,600,000$7806/2/10$1,699,00010/29/09150$99,0006%Sellers paid $850k in Aug. '00

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311 26th4/424751750newer$2,500,000$1,0106/22/10$2,798,0003/19/1070$298,00011%

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