
Manhattan Beach, California 90266
Analysis of 1633 Artesia, Manhattan Beach, California 90266 is currently available with a list price of $4,800,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1949 and in original condition with significant deferred maintenance, the listing explicitly states the property is being sold for land value as a 'blank canvas' for redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13492, living area = 1532.
Elementary School: Aurelia Pennekamp Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
The expansive 13,492-square-foot MNRH parcel represents a rare opportunity in Manhattan Beach to develop a luxury private estate, a multigenerational compound, or a high-end residential community.
The existing 1949 residence is in original condition with significant deferred maintenance and is being sold strictly 'as-is' for land value, necessitating a total teardown or major reconstruction.
At a $4.8 million price point for a property requiring immediate redevelopment, buyers must account for substantial additional capital investment for demolition and new construction.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.6 |
| Square foot | 1,532 | 2,672.95 |
| Lot Size | 13,492 | 5,332.267 |
| Price | $4.80M | $3.90M |
| Price per sq ft | $3.1K | $1.5K |
| Built year | 1949 | 1977 |
| HOA | $0 | $470 |
| Days on market | 34 | 49 |
Aug 6, 2026
$4,800,000
Initial Listing