1633 Artesia, Manhattan Beach, CA 90266

$4,800,000

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List Price
$4,800,000
Status
ACTIVE
MLS#
SB26169444
Lot Size
13,492
Acres
0.31
Lot Location
Back Yard, Front Yard, Value In Land
Days on Market
1
Property Type
Land

Property Description

A rare opportunity to reimagine an expansive 13,492-square-foot MNRH parcel in Manhattan Beach. Currently the property sits as a 1,532 square foot, three bedroom, one bath home with two car garage, 1633 Artesia Boulevard sits near the crest of the street, offering southern and western sun exposure throughout the day. The property is surrounded by the past, present, and future of the neighborhood from well established townhome communities, well maintained multifamily properties, single family residences, and a new condominium community nearing completion. What makes this opportunity especially compelling within this mixed corridor of residential living and commerce is its location within the award-winning Manhattan Beach Unified School District. It is just a few short blocks from top-rated Mira Costa High School, within walking distance of Pennekamp Elementary and Manhattan Academy, and just over a mile down one street to the famous Southern California beaches. For an investor, the scale of the property presents an opportunity to envision a distinctive luxury residential community. For an end user, it offers the space to create a private estate or multigenerational family compound both with the opportunity to create an identity that extends well beyond the street it sits on. This is a blank canvas for thoughtful design and the features today’s buyers value most: inviting indoor-outdoor living, private wellness spaces incorporating a sauna, plunge pool, and/or gym, and a space curated for entertaining and connection. The existing home is in original condition with deferred maintenance. The property is being sold primarily for land value, no repairs or improvements will be made, sold as-is.

Additional Information

View
City Lights, Neighborhood
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Cynthia De Garceau (swellhom@gmail.com) from Listing Office: Pacifica Properties Group, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.