Linda Davis, Real Estate Pro in Waterford, CT

How much is an entry level townhome/condo in Manhattan Beach?

Asked by Linda Davis, Waterford, CT Wed May 16, 2007

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Manhattan Beach has seen prices rise consistently over the years. A buyer should expect to pay about $750,00 for an entry level property in east Manhattan Beach.. Sometimes there are a few on Manhattan Beach Blvd or Artesia that are slightly less expensive. If you are looking for a unit west of Sepulveda then you will be looking at prices starting around $900,000 for one on Manhattan Beach Blvd and about $1,250,000 for one slightly closer to the water or with an ocean view.
2 votes Thank Flag Link Thu May 17, 2007
Kaye Thomas, Real Estate Pro in 90266
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Entry level prices in Manhattan Beach are on the high side! Are people doing 40 year mortgages or interest only loans to purchase?
1 vote Thank Flag Link Fri May 25, 2007
Linda,

As it looks like you are from outside of the South Bay, I wondered if you may have also considered Hermosa Beach for you or your clients? Hermosa Beach is a smaller town and has a bit more of a "Beach Town" feel, but prices, especially for entry level condos are much lower and the options far greater. Manhattan Beach has very few condos available and they are rarely on the market. Hermosa has a few larger condo complexes in great locations. The names of the complexes are the Appletree, the Commodore, and the Victorian and there are a few 2 bedroom condos on the market in the low $400Ks which is a price range that hasn't been seen in a while.
0 votes Thank Flag Link Tue Jun 10, 2008
We have lots of high profile job people at the beach.. so incomes are good which allows them to pay more then in other areas.. not unusual for a couple when bothe are working to make well over $200,000
0 votes Thank Flag Link Mon May 28, 2007
Kaye Thomas, Real Estate Pro in 90266
MVP'08
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