11 Malaga Place, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 3 bed, 3 bath

11 Malaga Place, Manhattan Beach, California 90266 home-pic-0
ACTIVE$2,230,000
11 Malaga Place, Manhattan Beach, California 90266
3Beds
3Baths
2,064Sqft
3,046Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Top Cons:
Long-Term Tenant Occupancy: The sale is subject to the buyer accepting current tenants with a lease extending until February 28, 2027, significantly limiting the buyer pool to investors rather than owner-occupants.

Compared to the nearby listings

Price:$2.23M vs avg $2.69M ($-457,594)44%
Size:2,064 sqft vs avg 1,974 sqft56%
Price/sqft:$1.1K vs avg $1.4K39%

More Insights

Built in 1984 (41 years old).
Condition: This townhome, built in 1984, has undergone a comprehensive and high-quality modern remodel within the last three years. The kitchen features new white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. Bathrooms are also updated with modern vanities and fixtures. Custom vinyl wood flooring is installed throughout, giving a consistent and contemporary look. While the property lacks a central cooling system, the extensive recent renovation of all major interior components, including kitchen, baths, and flooring, aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, presenting as virtually new with no deferred maintenance.
Year Built
1984
Close
-
List price
$2.23M
Original List price
$2.23M
Price/Sqft
$1,080
HOA
$795
Days on market
-
Sold On
-
MLS number
SB25181117
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Beautiful remodeled modern townhome Plan 7 popular floor plan. Totally remodeled in the last 3 years. Newer kitchen, baths and custom Vinal wood floors throughout. Quartz countertops and stainless steel appliances. Kitchen Breakfast Nook overlooks large Patio with lush landscaping. All bedrooms are up. Main level features a large living area. Nice size family room with fireplace and access to the large Patio. Windows in this "end unit" brings lots of light. This complex has a large heated pool and 5 inground Spas conveniently throughout. Walk to the newly renovated Mall with fine Restaurants, Banks and shopping. Easy access to a private Tennis Country Club and public Golf Course. Entry gate with a Guard provides privacy. Tenants have a lease ending 2/28/27. This sale is subject to the buyer accepting the current tenants & lease term.

Nearby schools

7/10
Meadows Avenue Elementary School
Public,K-50.5mi
9/10
Manhattan Beach Middle School
Public,6-80.5mi
9/10
Mira Costa High School
Public,9-121.5mi
Condition Rating
Excellent

This townhome, built in 1984, has undergone a comprehensive and high-quality modern remodel within the last three years. The kitchen features new white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. Bathrooms are also updated with modern vanities and fixtures. Custom vinyl wood flooring is installed throughout, giving a consistent and contemporary look. While the property lacks a central cooling system, the extensive recent renovation of all major interior components, including kitchen, baths, and flooring, aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, presenting as virtually new with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Recent High-Quality Remodel: The property has undergone a comprehensive modern remodel within the last three years, featuring a newer kitchen with quartz countertops and stainless steel appliances, updated baths, and custom vinyl wood floors throughout.
Exceptional Community Amenities & Security: Residents benefit from a large heated pool, five inground spas, and the added security and privacy of a guard-gated entry within the complex.
Prime Walkable Location: Situated within walking distance to a newly renovated mall offering fine restaurants, banks, and shopping, with easy access to a private tennis country club and public golf course.
Abundant Natural Light: As an end unit, the townhome features numerous windows that provide ample natural light, enhancing the living spaces.
Top-Tier School District: Located within the highly-rated Manhattan Unified School District, with excellent elementary, middle, and high schools nearby.

Cons

Long-Term Tenant Occupancy: The sale is subject to the buyer accepting current tenants with a lease extending until February 28, 2027, significantly limiting the buyer pool to investors rather than owner-occupants.
High Monthly Association Fees: The property carries a substantial monthly association fee of $795, which adds significantly to the overall cost of ownership.
Absence of Central Cooling System: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in California.

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