3204 Crest Drive, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 3 bed, 4 bath
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Manhattan Beach, California 90266
This property represents a Strong Value Opportunity with a List Price of $2,495,000—positioned well below the $2,738,665 Fair Market Value by 8%. This valuation gap offers $243,665 in Instant Equity for buyers prepared to revitalize this Fixer or Teardown Opportunity. Boasting Panoramic Ocean Views and a premier Sand Section location near Grand View Elementary and Mira Costa High, the site provides a rare blank canvas for significant forced appreciation. This high-upside asset is ideal for Luxury Developers or Visionary Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3204 Crest Drive Subject | $2,495,000* List Price | 3 | 4 | 2,260 | $1,212 | - |
A 1902 Highland Avenue Sold | $2,683,000 | 4 | 2 | 1,954 | $1,373 | 0.6 mi |
B 3513 Alma Avenue Sold | $2,215,875 | 4 | 3 | 1,794 | $1,235 | 0.2 mi |
C 3513 Alma Avenue Sold | $2,215,875 | 0 | 0 | 1,794 | $1,235 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer or teardown opportunity.' Built in 1964, the home shows significant signs of age and deferred maintenance; specifically, the top-floor deck surface is severely weathered and deteriorated. While the interior features high ceilings and hardwood floors, they appear worn, and the absence of kitchen or bathroom images typically indicates these areas are outdated and require substantial rehabilitation to meet modern standards.
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 in the prestigious Manhattan Beach Sand Section, the property offers exceptional proximity to the beach, local walk streets, and vibrant downtown cafes.
The expansive top-floor deck and primary suite feature stunning panoramic ocean views, a highly coveted asset that significantly drives long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1799, living area = 2260.
As a designated fixer or teardown, the property necessitates a substantial additional investment beyond the purchase price for renovation or reconstruction.
Unlock the potential of this rare 3 + Den/Office + 3.5-bathroom fixer or teardown opportunity, perfectly positioned just a few streets from the beach. Enjoy panoramic ocean views from the large top floor deck, which includes a hot tub, and spacious primary bedroom with its soaring ceilings. There is a bedroom on each floor, each with its own bathroom, offering privacy across all floors. Additional features include outdoor spaces on every level, 2-car garage parking, and a fireplace. Conveniently located near a walk street for quick, easy access to the beach, businesses, and cafes. Whether you're looking to renovate or rebuild, this property delivers the ideal canvas for your dream beach residence. Experience the best of Manhattan Beach living with stunning ocean views, an exceptional location, and endless possibilities.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.5 mi
Grades K-3 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,260 | 2,548 | 44% |
| Lot Size | 1,799 | 4,800 | 11% |
| Price | $2.50M | $3.45M | 20% |
| Price per sq ft | $1.1K | $1.5K | 17% |
| Built year | 1964 | 1981 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 154 | 4% |
Mar 30, 2026
$2,495,000
Initial Listing
Dec 11, 2001
$825,000
Public Record