1140 Fisher Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 5 bed, 6 bath
1140 Fisher Avenue
Manhattan Beach, California 90266
Property Price
SUMMARY
Analysis of 1140 Fisher Avenue, Manhattan Beach, California 90266 reveals a Prime Investment Opportunity with a current list price of $7,000,000—significantly undercutting the $7,304,283 Fair Market Value by 4%. This valuation gap indicates a +$304,283 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 Fisher Avenue Subject | $7,000,000* List Price | 5 | 6 | 5,366 | $1,361 | - |
A 724 13th Street Active | $5,999,000 List Price | 6 | 7 | 4,844 | $1,238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new construction slated for completion in Q4 2026, designed by Michael Lee with custom, high-end finishes and modern aesthetics. While currently under construction and requiring buyer completion, the detailed description and architectural renderings indicate an 'excellent' final condition with top-tier quality, spa-inspired bathrooms, and contemporary kitchen/bar areas.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Pacific Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
- Prime Coastal Location & Panoramic Views
Located at the desirable intersection of Manhattan Beach's coveted Sand and Tree Sections, offering panoramic ocean, coastline, and city light views, including unblockable ocean views from the primary suite.
- Brand New, Architecturally Significant Design
A rare opportunity for a new construction (Q4 2026 completion) designed by renowned architect Michael Lee, featuring modern aesthetics, soaring ceilings, walls of glass, and high-end natural materials.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5366, other record living area = 1304. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3324, living area = 5366.
- As-Is Sale & Buyer-Funded Completion
The property is sold 'as-is,' requiring the buyer to complete construction at their own expense, which entails significant additional costs, project management, and potential for delays.
About 1140 Fisher Avenue
***Updated purchase price reflects an "as-is" sale - buyer to complete construction at their own expense. Additional budget and construction details available upon request.*** Perched at the intersection of Manhattan Beach’s coveted Sand and Tree Sections, 1140 Fisher Ave is a rare opportunity to own a brand-new, architecturally significant coastal residence on a full 100' x 33' lot. Now under construction with completion slated for Q4 2026, this Michael Lee designed 5-bedroom, 5.5-bath home is a modern oasis, blending elegance and comfort across all four floors. Meticulous attention to detail defines every element of this home. Soaring ceilings, 4-stop elevator, walls of glass, and curated natural materials set a warm, modern tone throughout. Entertain in style on the upper level with panoramic views and expansive decks, or retreat to the private yard and wet bar in the back. The primary suite offers unblockable ocean views from a unique interior enclosed balcony, and additionally features a spa-inspired bath, complete with gas fireplace and walk-through closet. Custom finishes, selected in collaboration with leading designers and available upon request, reflect the highest level of craftsmanship and taste. Located just blocks from Pacific Elementary, American Martyrs, Live Oak Park, and downtown Manhattan Beach, this address places you at the heart of the best the South Bay has to offer. A future landmark in the making.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 3,324 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Manhattan Beach Unified Schools
Pacific Elementary School
Grades K-5 • 0.2 mi
Grand View Elementary School
Grades K-5 • 0.6 mi
Manhattan Beach Middle School
Grades 6-8 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 58% |
| Baths | 6.0 | 4.0 | 79% |
| Square foot | 5,366 | 2,895 | 93% |
| Lot Size | 3,324 | 4,941 | 24% |
| Price | $7.00M | $3.43M | 88% |
| Price per sq ft | $1.3K | $1.4K | 44% |
| Built year | 2026 | 1986 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 175 | 15% |
Pricing History
Listed for Sale
Dec 3, 2025
$7,000,000
Initial Listing
Price Change
Dec 2, 2025
$10,000,000
Initial Listing
Sold
Jan 7, 2022
$2,500,000
Public Record
Sold
Jun 9, 1997
$446,000
Public Record
Sold
Jun 6, 1995
$410,000
Public Record