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:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2064, other record living area = 2016.

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: Despite being built in 1984, this townhome has undergone a 'total remodel in the last 3 years,' as stated in the listing. The images confirm a high-quality, modern renovation with a new kitchen featuring white shaker cabinets, quartz countertops, stainless steel appliances, and a farmhouse sink. Bathrooms are also updated with modern vanities, fixtures, and tiling. Custom vinyl wood floors are installed throughout, and new windows enhance the property. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently extensively renovated property.
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
SB25275080
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. New 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

Despite being built in 1984, this townhome has undergone a 'total remodel in the last 3 years,' as stated in the listing. The images confirm a high-quality, modern renovation with a new kitchen featuring white shaker cabinets, quartz countertops, stainless steel appliances, and a farmhouse sink. Bathrooms are also updated with modern vanities, fixtures, and tiling. Custom vinyl wood floors are installed throughout, and new windows enhance the property. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently extensively renovated property.
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: Totally remodeled in the last 3 years with newer kitchen, baths, custom Vinyl wood floors, quartz countertops, stainless steel appliances, and new windows, ensuring a modern and move-in ready home.
Desirable Manhattan Beach Location: Situated in Manhattan Beach, offering convenient access to a newly renovated mall with fine dining and shopping, a private Tennis Country Club, and a public Golf Course.
Exceptional Community Amenities: The complex provides a large heated pool, five inground spas, and a guarded entry gate, enhancing lifestyle and security for residents.
End Unit Advantage: As an end unit, the property benefits from abundant natural light through new windows and typically offers more privacy compared to interior units.
Functional Layout with Outdoor Living: Features a popular Plan 7 floor plan with a kitchen breakfast nook overlooking a large, lushly landscaped patio, and a family room with fireplace also accessing the patio, ideal for indoor-outdoor living.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2064, other record living area = 2016.
Long-Term Tenant Lease: The property is subject to an existing tenant lease until February 28, 2027, which restricts immediate owner occupancy and limits the buyer pool to investors willing to honor the lease.
High Monthly Association Fee: A substantial monthly association fee of $795 adds significantly to the cost of ownership, which may impact affordability for some buyers.
Age of Original Construction: Despite extensive recent remodels, the property's original construction year of 1984 means some underlying systems or structural elements may be older, potentially requiring future maintenance not covered by cosmetic updates.

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