1612 Gates Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 5 bed, 6 bath
1612 Gates Avenue
Manhattan Beach, California 90266
Property Price
SUMMARY
Analysis of 1612 Gates Avenue, Manhattan Beach, California 90266 reveals a property with a current list price of $5,899,000, which is 4% above the estimated $5,659,636 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 1612 Gates Avenue Subject | $5,899,000* List Price | 5 | 6 | 5,080 | $1,114 | - |
A 1525 10th Sold | $6,325,000 | 6 | 7 | 5,051 | $1,252 | 0.5 mi |
B 461 Nw Chabela Dr. Sold | $5,350,000 | 5 | 6 | 4,660 | $1,148 | 0.6 mi |
C 1544 Mathews Avenue Sold | $5,300,000 | 5 | 6 | 4,701 | $1,127 | 0.3 mi |
D 1431 10th Sold | $5,150,000 | 5 | 5 | 4,431 | $1,162 | 0.6 mi |
E 1311 18th Street Sold | $4,890,000 | 5 | 6 | 4,312 | $1,134 | 1.0 mi |
F 1314 19th Street Sold | $4,150,000 | 5 | 6 | 4,450 | $933 | 1.0 mi |
G 1643 3rd Street Pending | $5,550,000 List Price | 5 | 6 | 4,956 | $1,120 | 0.2 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 2025 new construction, meeting the highest standards of the 'excellent' category. It features a modern open floor plan with high-end finishes including white oak hardwood flooring throughout, a large commercial-grade kitchen designed for entertaining, and brand-new systems. As a newly built home, all components, appliances, and fixtures are new with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Aurelia Pennekamp Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
CONSRISKS & DEFICIENCIES
About 1612 Gates Avenue
This 5 bedroom, 5 1/2 bath new construction home is located on a prime street in the Manhattan Beach Mira Costa area. This property has a large south facing backyard with plenty of room for kids, pets or a future pool. Open floor plan with large commercial kitchen perfect for a large family or entertaining. White oak hardwood throughout. Large laundry room. Large master suite with extraordinary walk in master closet. Don’t miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 7,510 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
Aurelia Pennekamp Elementary School
Grades K-5 • 0.3 mi
Meadows Avenue Elementary School
Grades K-5 • 0.8 mi
Manhattan Beach Middle School
Grades 6-8 • 0.8 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 | 5,080 | 2,895 | 92% |
| Lot Size | 7,510 | 4,979 | 90% |
| Price | $5.90M | $3.43M | 82% |
| Price per sq ft | $1.2K | $1.4K | 26% |
| Built year | 2025 | 1986 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 175 | 11% |
Pricing History
Listed for Sale
Jan 12, 2026
$5,899,000
Initial Listing
Sold
Apr 4, 2022
$1,950,000
Public Record