Are You Priced Out of Manhattan Beach?

With price acceleration continuing unabated in most high end luxury markets many potential buyers are priced out either from an absolute dollar amount or simply they can not find what they want in the price range. Right now we are seeing many Manhattan Beach renters and buyers turning to Redondo Beach and Hermosa Beach in their house hunt. Also as buyers find that they can not find the size, amenities, or other features they want they look in Redondo and Hermosa.

Here's some good examples in all price ranges.

628 Elvira Ave in South Redondo is a huge 6 bedroom contemporary west of PCH priced at $5M. Yes, that's a lot for South Redondo Beach but for almost 6,000 SqFt in Manhattan Beach you would pay almost double the amount if this property was in the Hill Section or Sand Section.

1811 Stanford Ave Redondo Beach. For many, Golden Hills is the next best thing. Most of the streets in the "Triangle" are further west than many streets in East Manhattan and for the price of a condo or townhouse you get a SFR. A Tall & Skinny SFR, but SFR the same.

1503 Monterey Ave Hermosa Beach. Try finding new construction int he Manhattan Beach Sand Section at this price. For $2,099,000 you get a 2000 SqFt 4 bedroom townhouse.

1730 Golden Ave Hermosa Beach. Ocean views from the Hermosa Hills. Over 3,000 SqFt townhouse built in 2002. $1.750M.

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