Thank you
Jeremy Shelton
Pacifica Properties Group, Inc.
310-374-0303
Now priced close to lot value with over $2M in foundation and structure in place. If you are a buyer wanting to build a world class custom Hill Section estate, investor, or developer looking for a top-of-line build project priced approximately 30% under market value, YOU NEED TO TAKE A LOOK AT THIS incredible Manhattan Beach Hill Section opportunity. As the recent price reduction reflects, the project known as the ‘Frame House’ at 600 Eighth Street is now valued significantly under current replacement/project value. The 2 year head start on the build adds significant financial value as well as the reduction of the frustrating new construction planning and approval process..This rare corner lot, build-in-progress project can be purchased with available KAA plans for a best-in-class custom home (see renderings and supplements) OR a foundation up re-design utilizing the existing foundation and footprint. The availability of a large, developable corner lot in this location is basically non-existent. The large lot size (7,624 sq ft) is perfectly oriented to show off the astounding 94’ X 138’ of lot/street frontage! The western orientation gives the new home an incredible amount of natural light for most of the day all year round. Despite being on an open corner, the lot and future home can have incredible amount of privacy...Directly west and across the street is the popular Green Belt, an outdoor walking trail, that lends the property a buffer from the urban life at the beach.. A SHORT comfortable walk takes you to the famous Downtown District, the centerpiece of our beach community filled with great shopping, world class dining, the Strand, and the iconic Manhattan Beach pier. One more cool thing....This home has a Geothermal heat system under construction. Please have your representative reach out to the listing agent for more information including current budget and financial details, floor plans, renderings, scope, photos, and more valuable information. ***This property has NOT been completed. Sale price includes the lot, transferrable plans, and what is currently built (foundation, pool, Geothermal system, etc). The renderings and description are conceptual.***
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Total Bedrooms : 6
Total Baths: 8
Full Baths: 5
Half Baths: 3
Water Source : Public
Sewer : Public Sewer
Fireplace: See Remarks
Central Air,See Remarks
Air Conditioning
Central
Has Heating
Fireplace Features: See Remarks
Has Fireplace: 1
Year Built: 2024
Concrete Perimeter,See Remarks
None
None
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.175
Lot Size Source: Assessor
Lot Size Square Feet: 7624
Original List Price: 5,500,000
Listing Contract Date: 2023-03-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4169001007
Garage Description: None,See Remarks
Attached Garage: Yes
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 144 - Manhattan Bch Hill
Postal Code Plus 4: 5823
Directions: Ardmore and 8th
Zoning: MNRS
Source Property Type: Residential
Area: 144 - Manhattan Bch Hill
Property SubType: Single Family Residence
Property Age: 0
Common Walls: No Common Walls
Property Condition: Building Permit,Under Construction
Structure Type: Single Family Residence
Year Built Source: See Remarks
Total Square Feet Living: 6000
Entry Location: North
Levels or Stories: Two
Building Total Stories: 2
Structure Type: House
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
114 N Poinsettia Avenue, Manhattan Beach, CA,90266 | $9,100,000 | 5 | 4 | 6,013 | 6753 Sqft |
1315 17th Street #1, Manhattan Beach, CA,90266 | $5,395 | 3 | 2 | 1,700 | 7005 Sqft |
1315 17th Street #2, Manhattan Beach, CA,90266 | $5,595 | 4 | 2 | 1,700 | 7005 Sqft |
3920 The Strand #3922, Manhattan Beach, CA,90266 | $5,500 | 1 | 1 | 615 | 1675 Sqft |
1316 Gates Avenue, Manhattan Beach, CA,90266 | $5,950,000 | 5 | 6 | 4,745 | 5675 Sqft |
201 15th Street, Manhattan Beach, CA,90266 | $3,550,000 | -- | -- | 2,093 | 2701 Sqft |
201 15th Street, Manhattan Beach, CA,90266 | $3,550,000 | 6 | 3 | 2,093 | 2701 Sqft |
325 10th Street, Manhattan Beach, CA,90266 | $3,850,000 | 5 | -- | 2,207 | 2706 Sqft |
325 10th Street, Manhattan Beach, CA,90266 | $3,850,000 | 5 | 3 | 2,207 | 2706 Sqft |
229 24th Street, Manhattan Beach, CA,90266 | $7,999,000 | 5 | 2 | 4,230 | 2689 Sqft |
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ByOwner last updated this listing 05/15/2024 @ 16:07
MLS: SB23034145
LISTED BY: Jeremy Shelton, Pacifica Properties Group, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.