The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
The first thing you need to do is sit down and set your goals. Diana Scharf Hunt said “Goals are dreams with deadlines.” A lot of times, people are thrown off by the idea of taking the time to set their goals.
Here’s a helpful chart to see how the changes in the tax policy impacts Manhattan Beach and all California property owners.
| PREVIOUS LAW | 2018 LAW | |
| MORTGAGE INTEREST DEDUCTION | Capped at $1M | Capped at $750,000 |
| STATE AND LOCAL TAX DEDUCTION | Unlimited | Deduction capped at $10,000 (income, sales and property combined) |
| CAPITAL GAINS EXEMPTION ON SALE OF PRIMARY RESIDENCE | Exclusion of up to $250,000 ($500,000 if married) of gain realized on sale or exchange of principal residence if lived in for 2 of the last 5 years |
No change |
| 1031 LIKE-KIND EXCHANGES | Applied to all classes of property (e.g. personal and real) | Limits non-recognition of gain to real property |
| PERSONAL DEDUCTION | Allowed | Eliminated |
| STANDARD DEDUCTION | $6,350 individual and $12,7000 if married | $12,000 individual and $24,000 if married |
| MID FOR SECOND HOMES | Capped at $750,000 | |
| HOME EQUITY LOAN DEDUCTION | Capped at $100,000 | Not deductible unless the proceeds are used to substantially improve the property |
| MOVING EXPENSE EXCLUSION AND DEDUCTION | Incurred in connection with change in work place | Eliminated except for members of armed forces on active duty that move pursuant to military orders |
| CHILD TAX CREDIT | $1,000 for each child | $2,000 for each child |
| DEDUCTION FOR QUALIFIED BUSINESS INCOME OF PASS-THROUGH ENTITIES INCLUDING INDEPENDENT CONTRACTORS | None | 20% deduction of taxable income phased out above $157,000 ($315,000 if married) for brokerage services |
| DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (RESIDENTIAL RENTAL) | Recover period is 27.5 years | No change |
| DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (NONRESIDENTIAL) | Recover period is 39 years | No change |
| DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (LEASEHOLD IMPROVEMENTS) | Recover period is 15 years | No change |
Current Manhattan Beach Housing Inventory as of 2/23/18. There are current 90 active homes and income properties for sale in Manhattan
Beach CA with a median home price of just over $2,924,000 and an average list price of just over $4,644,000. The highest priced home is $23,995,000 for a double lot beachfront home/property at 2722 The Strand, with the least expensive home priced at $880,000 for a 2 bedroom condo at 644 Manhattan Beach Blvd. See how this compares with recent months and years on our Manhattan Beach real estate trends and statistics page.
View current homes for sale in the Manhattan Beach tree section
|
|
|
|
Date on Market
|
|||||
| SB18035467 | RES |
2819
|
Vista DR |
$ 1,800,000
|
2/1,0,0,0
|
600/A
|
1938/ASR
|
2/14/2018
|
| SB18024932 | RINC |
1613
|
Highland AV |
$ 1,849,000
|
/
|
1125/
|
1935/ASR
|
2/1/2018
|
| SB18024808 | RES |
1613
|
Highland AV |
$ 1,849,000
|
2/2,0,0,0
|
1125/A
|
1935/ASR
|
2/1/2018
|
| SB18013511 | RES |
761
|
Manhattan Beach BL |
$ 2,145,000
|
2/2,0,1,0
|
1853/E
|
2018/ASR
|
1/18/2018
|
| SB18029386 | RES |
528
|
24th ST |
$ 2,149,000
|
2/2,0,0,0
|
1200/E
|
1948/ASR
|
2/7/2018
|
| SB18035359 | RINC |
2820
|
Alma AV |
$ 2,195,000
|
/
|
928/
|
1938/ASR
|
2/14/2018
|
| SB18013585 | RES |
756
|
Center PL |
$ 2,275,000
|
3/2,0,1,0
|
2182/AP
|
2017/BLD
|
1/18/2018
|
| SB18005994 | RES |
3105
|
Vista DR |
$ 2,345,000
|
3/4,0,0,0
|
2406/A
|
2003/ASR
|
1/10/2018
|
| 18316032 | RES |
3612
|
ALMA AV |
$ 2,495,000
|
4/3,0,1,0
|
2510/
|
2006
|
2/15/2018
|
| SB18026414 | RES |
3215
|
Vista DR |
$ 2,499,000
|
3/3,0,1,0
|
2400/E
|
2014/EST
|
2/3/2018
|
| SB18039920 | RES |
123
|
44th ST |
$ 2,500,000
|
3/3,0,1,0
|
1713/A
|
1999/ASR
|
2/22/2018
|
| SB18013827 | RES |
319
|
34th Place |
$ 2,599,000
|
3/1,2,1,0
|
2001/D
|
2017/BLD
|
1/18/2018
|
| SB17168299 | RES |
225
|
38th ST |
$ 2,650,000
|
3/3,0,1,0
|
2270/O
|
1989/PUB
|
7/22/2017
|
| SB18041204 | RES |
421
|
23rd ST |
$ 2,695,000
|
3/3,0,1,0
|
2344/B
|
2006/ASR
|
2/21/2018
|
| SB18034963 | RES |
128
|
1st PL |
$ 2,699,000
|
3/1,2,1,0
|
1836/A
|
2000/ASR
|
2/20/2018
|
| SB18037612 | RES |
501
|
8th ST |
$ 2,795,000
|
3/2,0,0,0
|
2064/A
|
1958/ASR
|
2/19/2018
|
| SB18036673 | RES |
616
|
Highland AV |
$ 2,899,000
|
3/3,0,1,0
|
2131/A
|
1999/ASR
|
2/15/2018
|
| SB18030308 | RINC |
3621
|
Alma Avenue AV |
$ 2,899,000
|
/
|
2515/
|
1961/ASR
|
2/8/2018
|
| SB18007504 | RES |
3621
|
Alma Avenue AV |
$ 2,899,000
|
4/3,0,0,0
|
2515/A
|
1961/ASR
|
1/11/2018
|
| SB18028282 | RES |
452
|
27th ST |
$ 3,150,000
|
5/3,0,1,0
|
3851/A
|
1990/ASR
|
2/6/2018
|
| SB17179236 | RES |
88
|
Manhattan AV |
$ 3,500,000
|
3/4,0,0,0
|
2157/A
|
1996/ASR
|
8/3/2017
|
| SB18037772 | RES |
333
|
7th ST |
$ 3,799,000
|
3/2,0,0,0
|
1356/A
|
1946/ASR
|
2/21/2018
|
| SB17213603 | RINC |
323
|
23rd ST |
$ 3,850,000
|
/
|
3118/
|
1992/APP
|
9/14/2017
|
| SB17213575 | RES |
323
|
23rd ST |
$ 3,850,000
|
5/4,0,1,0
|
3118/SEE
|
1992/ASR
|
9/14/2017
|
| 18310930 | RES |
316
|
10TH ST |
$ 3,900,000
|
4/3,1,1,0
|
4117/
|
2003
|
2/6/2018
|
| SB18029403 | RES |
465
|
36th PL |
$ 3,995,000
|
5/6,0,0,0
|
4289/B
|
2017/BLD
|
2/7/2018
|
| 17287502 | RES |
441
|
1ST ST |
$ 3,995,000
|
5/4,0,1,0
|
4676/
|
2004
|
11/8/2017
|
| SB18034049 | RES |
433
|
26th ST |
$ 3,999,000
|
5/4,0,0,1
|
4247/A
|
2004/ASR
|
2/15/2018
|
| RS17265844 | RINC |
2309
|
Vista DR |
$ 3,999,000
|
/
|
2506/
|
1953/ASR
|
11/29/2017
|
| SB18030427 | RES |
432
|
10th PL |
$ 4,199,888
|
3/3,1,1,0
|
3444/A
|
2006/PUB
|
2/8/2018
|
| SB18018196 | RINC |
2600
|
Alma AV |
$ 4,295,000
|
/
|
3534/
|
1972/ASR
|
1/25/2018
|
| SB18024122 | RES |
2613
|
Crest DR |
$ 5,499,000
|
0/0,0,0,0
|
100/A
|
1935/ASR
|
2/1/2018
|
| SB18013243 | RES |
417
|
5th ST |
$ 5,499,000
|
4/5,0,0,0
|
3624/A
|
2004/ASR
|
1/18/2018
|
| PV18034413 | RES |
127
|
21st ST |
$ 5,998,000
|
5/4,0,0,1
|
2252/A
|
1950/PUB
|
2/12/2018
|
| PV18034008 | RINC |
127
|
21st ST |
$ 5,998,000
|
/
|
2252/
|
1985/SLR
|
2/12/2018
|
| SB17263084 | RES |
2600
|
Grandview AV |
$ 5,999,000
|
6/2,5,1,0
|
4410/E
|
2016/BLD
|
11/22/2017
|
| SB18006012 | RES |
224
|
29th ST |
$ 6,200,000
|
5/6,0,0,0
|
5000/A
|
2001/ASR
|
1/12/2018
|
| OC17166294 | RES |
127
|
16th ST |
$ 7,200,000
|
5/3,0,0,0
|
2157/S
|
1924/SLR
|
7/25/2017
|
| SB17089277 | RES |
125
|
17th ST |
$ 7,850,000
|
4/3,0,1,0
|
4334/A
|
1995/ASR
|
4/25/2017
|
| SB17226841 | RES |
130
|
19th ST |
$ 9,250,000
|
4/4,0,1,0
|
4200/B
|
2017/BLD
|
10/2/2017
|
| SB18022233 | RES |
2208
|
The Strand |
$ 10,500,000
|
9/8,0,0,0
|
5193/A
|
1972/ASR
|
1/24/2018
|
| SB18014991 | RINC |
2208
|
The Strand |
$ 10,500,000
|
/
|
5193/
|
1972/ASR
|
1/24/2018
|
| SB17187123 | RES |
3120
|
The Strand |
$ 12,900,000
|
5/4,0,0,0
|
4200/B
|
1991/ASR
|
8/13/2017
|
| SB16716189 | RES |
1140
|
The Strand |
$ 14,974,000
|
5/4,0,0,0
|
2808/A
|
1957/ASR
|
10/3/2016
|
| SB18026669 | RES |
317
|
17th ST |
$ 16,995,000
|
6/1,6,3,0
|
11917/A
|
2014/APP
|
2/4/2018
|
| 17242684 | RES |
108
|
The Strand |
$ 17,500,000
|
5/7,0,0,0
|
/
|
2014
|
1/23/2018
|
| ML81693016 | RES |
604
|
19th ST |
$ 2,950,000
|
5/3,0,0,0
|
2693/A
|
1932
|
2/19/2018
|
View Current Homes for Sale in the Tree Section
|
|
|
|
Date
on Market |
|||||
| 318000333 | RES | 3529 | Pacific AV | $ 1,599,000 |
2/1,0,0,0
|
950/A
|
1950/ASR
|
1/26/2018
|
| SB18039506 | RES | 616 | Rosecrans AV | $ 1,695,000 |
3/2,0,1,0
|
1529/P
|
1941/ASR
|
2/21/2018
|
| SB17263952 | RES | 646 | Rosecrans AV | $ 1,899,000 |
4/3,0,0,0
|
2535/A
|
2007/ASR
|
11/25/2017
|
| SB18031026 | RES | 2512 | Pine AV | $ 1,899,999 |
4/3,0,1,0
|
3156/A
|
1982/SLR
|
2/8/2018
|
| SB18015661 | RES | 1728 | Pine AV | $ 1,900,000 |
3/2,0,0,0
|
1721/A
|
1954/ASR
|
1/26/2018
|
| SB18020223 | RES | 1130 | Laurel Ave | $ 2,275,000 |
3/2,0,1,0
|
2880/A
|
2009/ASR
|
1/26/2018
|
| PV18037103 | RES | 2507 N | Valley DR | $ 2,450,000 |
4/3,0,1,0
|
2824/A
|
2003/ASR
|
2/16/2018
|
| SB17240588 | RES | 3613 | Maple AV | $ 2,495,000 |
5/4,0,1,0
|
3259/AP
|
2012/PUB
|
10/23/2017
|
| 17292550 | RES | 3605 | OAK AV | $ 2,699,000 |
5/3,0,1,0
|
3250/D
|
2017
|
11/28/2017
|
| SB18037787 | RES | 2404 | Laurel AV | $ 2,750,000 |
5/4,0,0,0
|
3371/A
|
1993/ASR
|
2/22/2018
|
| SB18032778 | RES | 2309 | Pacific AV | $ 2,850,000 |
5/4,0,1,0
|
3351/A
|
2007/ASR
|
2/15/2018
|
| SB17203226 | RES | 2504 | Pine | $ 2,950,000 |
5/4,0,1,0
|
3600/A
|
2007/ASR
|
9/1/2017
|
| SB17263938 | RES | 1308 | Walnut AV | $ 2,995,000 |
5/4,0,0,0
|
3273/A
|
1999/ASR
|
11/26/2017
|
| SB17205144 | RES | 2313 | Pine AV | $ 2,995,000 |
5/1,3,0,0
|
3876/AP
|
1991/ASR
|
9/12/2017
|
| 17256442 | RES | 2612 | Pine Ave | $ 3,495,000 |
5/3,1,0,0
|
3600/B
|
2017
|
8/1/2017
|
| SB18041823 | RES | 631 | 14th ST | $ 4,500,000 |
6/4,1,0,0
|
4424/A
|
2001/ASR
|
2/22/2018
|
| SB18007047 | RES | 1901 | Palm AV | $ 5,299,000 |
5/5,0,2,0
|
4762/B
|
2018/BLD
|
1/12/2018
|
View the current Manhattan Beach hill section homes for sale
|
|
|
|
|
|
Date
on Market |
|||
| 18313932 | RES |
644
|
MB Blvd #11 |
$880,000
|
2/1,1,0,0
|
841
|
1969
|
2/15/2018
|
| SB18041025 | RES |
222
|
Larsson ST |
$ 1,825,000
|
3/2,1,2,0
|
2455/A
|
1992/ASR
|
2/21/2018
|
| SB18036029 | RES |
1018
|
9th ST |
$ 2,350,000
|
5/2,0,1,0
|
3048/A
|
1974/ASR
|
2/15/2018
|
| SB18030009 | RES |
1031
|
Duncan AV |
$ 3,950,000
|
5/4,0,0,0
|
4200/N
|
2004/ASR
|
1/29/2018
|
| SB18013151 | RES |
941
|
Duncan PL |
$ 4,650,000
|
5/4,1,0,0
|
4182/A
|
1977/ASR
|
1/18/2018
|
| SB18006932 | RES |
513
|
Longfellow AV |
$ 5,349,000
|
5/4,0,2,0
|
5128/B
|
2018/BLD
|
2/22/2018
|
| SB17210981 | RES |
915
|
Duncan AV |
$ 5,950,000
|
5/5,0,2,0
|
4637/B
|
2017/BLD
|
9/13/2017
|
| SB18031011 | RES |
108 S
|
Poinsettia AV |
$ 6,700,000
|
5/5,0,1,0
|
4836/A
|
2002/ASR
|
2/8/2018
|
| SB18030036 | RES |
100 N
|
Dianthus ST |
$ 7,000,000
|
6/7,0,0,0
|
7060/A
|
1982/ASR
|
11/1/2017
|
| 18312846 | RES |
621
|
8th ST |
$ 7,195,000
|
4/5,0,0,0
|
4869/A
|
1998/APP
|
2/20/2018
|
View the current Manhattan Village homes for sale
|
|
|
|
Date
on Market |
|||||
| SB18032831 | RES |
18
|
Malaga PL E |
$ 1,310,000
|
3/3,0,0,0
|
1752/A
|
1984/ASR
|
2/14/2018
|
| SB18026465 | RES |
11
|
Marin CT |
$ 1,574,888
|
3/2,0,1,0
|
1917/A
|
1987/ASR
|
2/6/2018
|
| SB17221399 | RES |
51
|
Sausalito CR W |
$ 1,699,000
|
3/3,0,0,0
|
1819/A
|
1987/EST
|
9/26/2017
|
View the current east Manhattan Beach homes for sale
|
|
|
|
|
|
Date
on Market |
|||
| IG18029782 | RES |
1457
|
12th ST #C |
$ 1,160,000
|
3/2,0,1,0
|
1740/A
|
2006/ASR
|
2/8/2018
|
| SW18033577 | RES |
1300
|
Harkness |
$ 1,690,000
|
3/2,0,0,0
|
1617/A
|
1950/PUB
|
2/13/2018
|
| SB18035358 | RES |
1713
|
23rd ST |
$ 1,850,000
|
4/3,0,0,0
|
2000/E
|
1950/ASR
|
2/15/2018
|
| SB17268474 | RES |
1201
|
17th ST |
$ 2,285,000
|
5/3,0,1,0
|
3538/A
|
1997/ASR
|
12/2/2017
|
| SB18039961 | RES |
1525
|
Artesia BL #A |
$ 1,149,000
|
3/2,0,1,0
|
1412/A
|
1998/ASR
|
2/21/2018
|
| SB18003003 | RES |
1510
|
2nd ST |
$ 1,549,000
|
3/1,1,0,0
|
1515/A
|
1961/ASR
|
12/17/2017
|
| SB18029789 | RES |
1500
|
8th ST |
$ 1,550,000
|
3/2,0,0,0
|
1310/A
|
1957/ASR
|
2/13/2018
|
| SB18034405 | RES |
1653
|
2nd ST |
$ 2,595,000
|
5/4,0,1,0
|
4182/A
|
2005/ASR
|
2/14/2018
|
| SB18021108 | RES |
1716
|
2nd ST |
$ 2,699,999
|
4/4,0,0,0
|
3668/S
|
1989/ASR
|
2/1/2018
|
| SB17130557 | RES |
1156
|
6th ST |
$ 3,625,000
|
3/3,0,0,0
|
1560/A
|
1949/ASR
|
6/9/2017
|
Welcome to the June Manhattan Beach real estate market update. June 2017 was a big month for home sales in Manhattan Beach CA with a significant number of homes selling. The summer months are always an active market in the Beach Cities and this year was no different with 57 Manhattan Beach homes closing escrow. Thats well above the normal number of Manhattan homes selling in a month. Median home prices were up significantly over June of the previous year with the median home in Manhattan Beach selling at just under $2,467,000 which was a 28% increase from June of the prior year. According to Manhattan Beach realtor Keith Kyle, the market has been driven by a constant demand with inventory levels still remaining historically low. Click here to see all of the recent home sales in Manhattan Beach CA.
| City | Homes Sold | June 2017 Median | June 2016 Median | Year over Year % Change% |
| Carson | 61 | $445,000 | $450,000 | -1.1% |
| El Segundo | 15 | $800,000 | $1,135,000 | -29% |
| Gardena | 70 | $461,000 | $430,000 | 7.2% |
| Harbor City | 19 | $465,000 | $547,000 | -15% |
| Hawthorne | 45 | $592,000 | $624,000 | -5.1% |
| Hermosa Beach | 26 | $1,718,000 | $1,274,500 | 34.8 |
| Lawndale | 12 | $535,000 | $519,000 | 3.1% |
| Lomita | 18 | $565,000 | $555,000 | 1.8% |
| Long Beach | 419 | $523,000 | $470,000 | 11.2% |
| Manhattan Beach | 57 | $2,467,000 | $1,924,000 | 28.2% |
| Marina Del Rey | 34 | $968,000 | $900,000 | 7.6% |
| Palos Verdes Estates | 46 | $1,679,000 | $1,533,000 | 9.5% |
| Playa Del Rey | 34 | $683,000 | $603,000 | 13.3% |
| Rancho Palos Verdes | 75 | $1,240,000 | $1,200,000 | 3.3% |
| Redondo Beach | 117 | $969,000 | $945,000 | 2.5% |
| San Pedro | 82 | $510,000 | $500,000 | 1.9% |
| Torrance | 184 | $673,000 | $635,000 | 5.9% |
| Westchester | 42 | $1,090,000 | $1,050,000 | 3.8% |
It’s been a busy year in the tree section thus far with 88 homes having been on the market at some stage of the process since the beginning of the year. Currently there are 14 active homes for sale in the Manhattan Beach tree section with a median home price of just under $2.7M as well as 25 homes currently in escrow (as of 4/24/17). We have also seen 36 homes sell, or close escrow, since the beginning of the year with a average sales price of $2.56M. The remainder were pulled off of the market for various reasons. The map below shows the location of the homes with the green indicating an active listing, blue and orange in escrow and red the closed home sales.
Current homes for sale in the tree section of Manhattan Beach CA
