220 Manhattan Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 3 bath
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Manhattan Beach, California 90266
Analysis of 220 Manhattan Avenue, Manhattan Beach, California 90266 is currently available with a list price of $10,495,000. 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 1928 and explicitly marketed for land value, the property is a classic tear-down intended for redevelopment into a custom residence or townhomes as per the listing description.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Situated on a 33' x 100' corner lot at the high point of Bayview in the coveted South Manhattan Beach Sand Section, offering unparalleled walkability to the beach, pier, and downtown boutiques.
The property's elevated position and corner orientation command spectacular, unobstructed ocean views and a sense of openness rarely found in non-Strand homesites.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3334, living area = 2365.
At a list price of over $10.4 million for land value, the entry cost is exceptionally high, requiring a buyer with significant capital before construction costs are even factored in.
The original 1928 structure is being sold for land value, necessitating a complete demolition and a lengthy, complex permitting and construction process to realize the site's full potential.
220 Manhattan Avenue represents the finest non-Strand Sand Section homesite in Manhattan Beach. Located in South Manhattan Beach, the most coveted area of the Sand Section, this exceptional property occupies the southwest corner of 3rd Street and Manhattan Avenue, the high point of Bayview in South Manhattan Beach. The premier 33' x 100' corner homesite commands spectacular ocean views, remarkable openness, and a setting unmatched among non-Strand properties. Just a short walk to the beach, downtown Manhattan Beach, acclaimed restaurants, boutiques, and the pier, the location offers an extraordinary combination of walkability, privacy, and architectural potential. Offered as land value, the property presents the opportunity to create either a signature custom residence or two exceptional townhomes. Conceptual designs by renowned Manhattan Beach architect Louis Tomaro showcase the extraordinary potential of this remarkable site. A homesite of this caliber rarely becomes available.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-3 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,365 | 2,840 |
| Lot Size | 3,334 | 5,009 |
| Price | $10.49M | $3.96M |
| Price per sq ft | $4.4K | $1.5K |
| Built year | 1928 | 1984 |
| HOA | $0 | $0 |
| Days on market | 22 | 48 |
Jun 30, 2026
$10,495,000
Initial Listing
Apr 17, 2025
$8,750,000
Public Record
Sep 22, 2008
$4,139,000
Public Record
Jan 3, 2003
$1,525,000
Public Record