Manhattan Beach Real Estate Market

Three Months ending September 2020

Average Home Sale Price: $3,012,000
Sale Price Per Sq. Ft: $996
Sale Price Per Sq. Ft. (% Change from last year): (6%)
Number of Homes Sold: 130
Number of Homes Sold (% Change from last year): 71%
Months Inventory: 2

Manhattan Beach Neighborhoods

Sand Section: This is the area closest to the ocean, with its major streets including the Strand, Highland Avenue, and Manhattan Avenue. It is generally the area bordered by Rosecrans on the north, and Valley Drive on the east. This area is noted for its higher density and numerous multi-family units compared to the balance of the city. In the area nearest the beach, the streets perpendicular to the ocean alternate between streets open to the traffic and streets closed to vehicles referred to as “walk streets”. The homes along the beach front properties are referred to as “Strand” properties as they border on a large promenade along the entire beachfront. Live Oak Park and Sand Dune Park are both located in this neighborhood.

Tree Section: This is the area bordered by Sepulveda Boulevard on the east, Rosecrans on the north, Valley Drive on the West, and Manhattan Beach Boulevard on the South This area is characterized by its lush environment of trees. These homes tend to be on smaller lots, with most homes recently constructed built to maximize their square footage allowable per city codes, with relatively small setbacks. Most of the streets east of Pacific Avenue are named after different trees (Maple, Palm, Walnut, Pine, Elm, Oak) and the area does, in fact, have a heavy concentration of trees.

The Hill Section: This area is bordered by Manhattan Beach Boulevard to the north, Valley Drive to the west, and Sepulveda Boulevard to the east. It is known as the hill section, as homes are located on a sloping area of the city from the sand section to the relatively flat area to the east of Sepulveda. Lots in this area tend to be larger.

Liberty Village: This area is the easternmost portion of the city, and is bordered by Sepulveda Boulevard to the west, Marine Avenue to the north, Aviation to the east, and Manhattan Beach Boulevard to the South. This area is also characterized by recently built large homes on relatively small lots. It is also home to the largest public park in the city, Polliwog Park.

Manhattan Village: These homes are located adjacent to the Manhattan Village, and is bordered by Sepulveda Boulevard to the west, Rosecrans Boulevard to the north, Aviation to the east and Marine to the South. Manhattan Village, a gated community, provides both single family homes and townhouses for the area. Part of the TRW complex is located on the southwest corner of this area.

Mira Costa Section: These homes are located surrounding Mira Costa High School, the high school for Manhattan Beach, and is bordered by Sepulveda Boulevard to the west, Manhattan Beach Boulevard to the north, Aviation to the east, and Artesia Boulevard to the south. The lots in this area tend to be larger than other areas of Manhattan Beach

El Porto area: This area, to the north of Rosecrans Avenue, is characterized by multi-family units, with beachfront properties and the other homes within a short walk of the beach. and tends to be less expensive than homes in the Sand section of the city. This area is popular with surfers and has numerous volleyball courts on the beach.

Downtown Manhattan Beach: Downtown Manhattan Beach has a great business and shopping district with many great restaurants and shops.

Schools in Manhattan Beach

The city has its own school system, The Manhattan Beach Unified School System, with 5 elementary schools, one Middle School, and one High School (Mira Costa High). The schools rank high on state standardized tests, making Manhattan Beach real estate highly sought out.

Sports, Parks and Recreation

The Parks & Recreation Department provides an array of facilities that include athletic fields, tennis, paddle tennis, volleyball and basketball courts, par courses, jogging and bike paths, a nine-hole golf course, swimming pool, and dozens of sports programs and fitness classes. Throughout the City there are 11 parks providing 80 acres of parkland within the community including 18 ball fields, 5 batting cages, 18 tennis courts (including 2 paddle tennis courts), 4 (Play & Pay) racquetball courts, 3 basketball courts, 2 par courses, a 1.7-mile jogging path, a 9-hole golf course and a large recreational pool. One fun park is Sand Dune Park, located off of Rosecrans Boulevard, west of Sepulveda (turn south on Bell Avenue). At Mira Costa High School, in addition to athletic fields and tennis courts, facilities available for public use include a gymnasium and track. Also located within the City is a 2-mile walking and jogging path that runs parallel to a bike path along the beach. Stretching along the beach spanning north and south of the Manhattan Beach Pier are over 150 volleyball courts which are also available for private or public use.