536 24th, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 2 bed, 1 bath
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Manhattan Beach, California 90266
This property presents a High-Potential Investment Opportunity with a List Price of $2,899,000—positioned well below the $2,882,753 Fair Market Value by -0.56%. As an original 1948 cottage with a Condition Rating of 6, the value lies in the land and its Prime Sand Section Location. Situated near Top-Rated Schools like Grand View Elementary, this site offers significant development potential for a custom luxury residence. This is an ideal acquisition for Luxury Developers or Owner-Occupants seeking a foundation for a future dream home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 536 24th Subject | $2,899,000* List Price | 2 | 1 | 936 | $3,152 | - |
A 3112 Highland Avenue Sold | $2,250,000 | 1 | 1 | 648 | $3,472 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1948 (76 years old) and described as an 'original cottage,' the property lacks any record of major structural or system renovations. While staged to look charming, the listing explicitly suggests using it as a 'foundation for a future dream home,' and the $2.899M price for a 936 sqft structure confirms the value is almost entirely in the land.
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 one of Manhattan Beach's most coveted areas, the property is just blocks from the beach, top-rated Grand View Elementary, and the vibrant shops and dining of both Downtown and the North End.
As an original 1948 cottage on a 2,712 sqft lot, this property serves as a rare 'blank canvas' opportunity for buyers looking to build a custom luxury dream home in a high-value coastal neighborhood.
With a list price of nearly $2.9 million for only 936 square feet of living space, the property represents a significant premium investment primarily driven by land value rather than the existing structure's utility.
The modest 2-bedroom, 1-bathroom configuration and small footprint may not meet the needs of modern families or buyers seeking contemporary amenities without undergoing a major renovation or total rebuild.
Rare opportunity to own an original Manhattan Beach cottage in one of the community's most sought-after locations. Full of warmth and character, this charming 2-bedroom, 1-bath home features beamed ceilings, hardwood floors, and a cozy fireplace that captures the timeless appeal of beachside living. Set on a beautiful lot with a grassy front yard, abundant curb appeal, and a sunny backyard complete with a mature orange tree, the property offers a wonderful indoor-outdoor lifestyle. Whether enjoyed as-is, updated over time, or used as the foundation for a future dream home, opportunities like this are increasingly rare. Ideally located just blocks from the beach, Grand View Elementary School, and within easy walking distance to both Downtown Manhattan Beach and the North End's shops, restaurants, and cafes, this home combines undeniable charm with an exceptional location. A true Manhattan Beach classic.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.1 mi
Grades K-3 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 4.0 |
| Square foot | 936 | 2,840 |
| Lot Size | 2,712 | 5,009 |
| Price | $2.90M | $3.96M |
| Price per sq ft | $3.1K | $1.5K |
| Built year | 1948 | 1984 |
| HOA | $0 | $0 |
| Days on market | 34 | 48 |
Jun 18, 2026
$2,899,000
Initial Listing