426 S Peck, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 2 bath
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426 S Peck
Manhattan Beach, California 90266
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,280Sq Ft
4,857Lot Size
Property Price
LIST PRICE$1,701,000
EST. MARKET VALUE
$1,799,614
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,701,000—positioned well below the $1,799,614 Fair Market Value by 5%. This valuation gap offers $98,614 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home serves as a blank canvas for a full-scale remodel or custom build. Located in the elite Manhattan Unified School District near top-rated schools, this is a high-potential acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,799,614+$98,614 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Manhattan Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 426 S Peck Subject | $1,701,000* List Price | 4 | 2 | 1,280 | $1,406 | - |
A 1320 Curtis Sold | $2,055,000 | 3 | 2 | 1,600 | $1,284 | 0.2 mi |
B 912 N Rowell Sold | $2,170,000 | 3 | 2 | 1,321 | $1,643 | 0.6 mi |
C 1769 Gates Sold | $1,675,000 | 2 | 2 | 1,294 | $1,294 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958, this 66-year-old property is marketed primarily as a 'value-add' opportunity or a site for a new custom luxury home. Although it has received 'budget-conscious cosmetic improvements' including fresh paint and new appliances to make it rental-ready, the kitchen and bathrooms are original/dated, and the listing explicitly suggests a full-scale remodel is required.
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).
- Competitive Entry Price
Priced at $1,701,000, this property represents the lowest-priced entry point into the prestigious Mira Costa neighborhood, offering rare accessibility to a high-demand market.
- Development Potential
The 4,857 sq. ft. lot serves as a premier value-add opportunity, providing a blank canvas to either build a custom luxury estate or perform a high-end full-scale remodel.
CONSRISKS & DEFICIENCIES
- Dated and Compact Living Space
The original 1958 structure offers only 1,280 sq. ft. for a 4-bedroom layout, resulting in small room scales that require significant expansion or a total rebuild to meet modern luxury standards.
- Challenging Lot Topography
The up-sloping nature of the lot can increase the complexity and cost of future construction, site drainage, and landscaping compared to flat parcels in the area.
About 426 S Peck
426 S. Peck Ave. M.B. offered at $1,701,000 is currently the lowest-priced entry point into the “Mira Costa” area. The lot is up-sloping at 58’ x 83’ (4,857 sq. ft.). The classic 1958 residence represents an excellent value-add opportunity to build a custom luxury home or perform a full-scale remodel. The existing 4-bedroom, 2-bathroom house recently received fresh budget-conscious cosmetic improvements…including new stainless refrigerator, gas range, vent hood, and dishwasher. It now serves perfectly as a blank canvas for your design ideas, or an immediate income-producing rental while you obtain architectural plans and permits.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 4,857 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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
9/10
Meadows Avenue Elementary School
Grades K-5 • 0.9 mi
7/10
Manhattan Beach Middle School
Grades 6-8 • 0.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.6 |
| Square foot | 1,280 | 2,672.95 |
| Lot Size | 4,857 | 5,332.267 |
| Price | $1.70M | $3.90M |
| Price per sq ft | $1.3K | $1.5K |
| Built year | 1958 | 1977 |
| HOA | $0 | $470 |
| Days on market | 9 | 49 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,701,000
Initial Listing