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540 5th Place, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 3 bed, 2 bath

540 5th Place, Manhattan Beach, California 90266 home-pic-0
ACTIVE$2,399,000
540 5th Place, Manhattan Beach, California 90266
3Beds
2Baths
1,300Sqft
1,452Lot

Price Vs. Estimate

The estimated value ($2,247,962.39) is $151,037.61 (6%) lower than the list price ($2,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1452, living area = 1300.

Compared to the nearby listings

Price:$2.40M vs avg $3.40M ($-1,006,000)17%
Size:1,300 sqft vs avg 2,572 sqft14%
Price/sqft:$1.8K vs avg $1.4K77%

More Insights

Built in 2010 (15 years old).
Condition: Built in 2010, this property has been extensively and recently remodeled with thoughtful modern updates, including a renovated kitchen with new stainless-steel appliances, Corian countertops, and a mosaic tile backsplash. The bathrooms feature modern fixtures and tiling, and the entire home benefits from recent enhancements such as central air conditioning, upgraded lighting, and electrical. The hardwood floors are in excellent condition, presenting a turnkey property with virtually new components and no deferred maintenance.
Year Built
2010
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$1,845
HOA
-
Days on market
-
Sold On
-
MLS number
SB25240263
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

A rare opportunity in the exclusive South End Sand Section of Manhattan Beach, this beautifully remodeled beach house blends timeless charm with thoughtful modern updates. The 3 bedroom plus 2 bathroom home is nicely situated on a corner lot overlooking the scenic greenbelt. The remodeled kitchen includes stainless-steel appliances, Corian countertops, a mosaic tile backsplash, pantry space, and a breakfast bar that opens to a spacious patio perfect for dining al fresco. Recent enhancements include central air conditioning, new oven/range and microwave, upgraded lighting and electrical throughout, new window treatments, a smart thermostat, and a digital lock for keyless entry and more. Outside, the landscaping is refreshed with new roses, a drip irrigation system, and a freshly painted and sealed side yard ideal for entertaining. Plenty of storage area in the attic + crawl space and pantry/laundry area off kitchen. Just a short stroll to the beach, MB pier, top-rated schools, and vibrant downtown shops and restaurants. This turnkey coastal gem perfectly combines classic beachside charm, modern comfort, and an unbeatable location.

Nearby schools

9/10
Opal Robinson Elementary School
Public,•K-5•0.3mi
9/10
Grand View Elementary School
Public,•K-5•0.9mi
10/10
Hermosa View Elementary School
Public,•K-3•1.2mi
8/10
Hermosa Valley Elementary School
Public,•4-8•1.2mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.3mi
9/10
Mira Costa High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
06/24/25
Sold
$2,250,000
Condition Rating
Excellent
Built in 2010, this property has been extensively and recently remodeled with thoughtful modern updates, including a renovated kitchen with new stainless-steel appliances, Corian countertops, and a mosaic tile backsplash. The bathrooms feature modern fixtures and tiling, and the entire home benefits from recent enhancements such as central air conditioning, upgraded lighting, and electrical. The hardwood floors are in excellent condition, presenting a turnkey property with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Coastal Location: Situated in the exclusive South End Sand Section of Manhattan Beach, offering an unbeatable location with a short stroll to the beach, pier, top-rated schools, and vibrant downtown amenities.
Extensive Modern Upgrades: The home has been beautifully remodeled with thoughtful modern updates, including central air conditioning, new appliances, upgraded lighting/electrical, a smart thermostat, and digital lock, ensuring a turnkey experience.
Corner Lot with Greenbelt View: Nicely positioned on a corner lot, the property overlooks a scenic greenbelt, providing enhanced privacy and a pleasant aesthetic outlook.
Remodeled Kitchen & Outdoor Entertaining: Features a remodeled kitchen with stainless-steel appliances and a breakfast bar that opens to a spacious patio, ideal for al fresco dining and entertaining.
Top-Rated School Access: Located within a highly desirable school district, with several top-rated elementary, middle, and high schools nearby, appealing to families.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1452, living area = 1300.
Recently Sold Property: The property was recently sold within the past year on 2025-06-24. The sold price is $2,250,000.00.
Premium Pricing: The current list price is approximately 6% higher than the property's estimated value, suggesting it may be priced at the upper end of the market.
Compact Size: With 1300 sqft of living space and a 1452 sqft lot, the property offers a relatively compact footprint, which might be a consideration for buyers seeking more expansive living or outdoor areas.
Unspecified Parking: The property description does not explicitly mention dedicated off-street parking or a garage, which can be a significant factor for residents in the dense Sand Section.

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