652 35th, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 2 bath
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Manhattan Beach, California 90266
This property presents a Strong Value Opportunity with a List Price of $2,699,000—positioned well below the $2,938,828 Fair Market Value by 8%. This valuation gap offers $239,828 in Instant Equity. Featuring a Condition Rating of 6, the home serves as a prime candidate for a luxury rebuild on its Oversized 5,403 SF Lot. Located in the prestigious Grandview Elementary district, this is a high-reward acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build a custom estate in Manhattan Beach.
Property is land value only, full reconstruction required.
Built in 1957 (67 years old) with no evidence of major renovations, this property meets the criteria for a tear-down. The interior features original 1950s finishes, including grasscloth wallpaper, dated parquet flooring, and old carpeting. Given the age, lack of updates to kitchens/baths, and the high land value in the Manhattan Beach Tree Section, it is positioned as a lot-value opportunity.
Situated just six blocks from the beach and within the prestigious Grandview Elementary district, this property offers an ideal coastal lifestyle near Sand Dune Park and downtown amenities.
The 5,403 square foot lot is significantly larger than standard parcels in the area, providing a rare opportunity for expansion or the construction of a substantial new luxury estate.
Featuring vaulted beam ceilings, a brick fireplace, and abundant natural light from skylights, the home possesses a unique mid-century charm and character often lost in modern developments.
Built in 1957, the home likely requires extensive renovations or a complete rebuild to meet modern luxury standards, which may necessitate a significant additional investment.
At 1,490 square feet, the current interior space is relatively small for the price point, making the value heavily dependent on the land rather than the existing structure.
BUY GONE MEMORIES. THIS “1950’s” CHARMER IS LOCATED IN A QUIET TREE SECTION NEIGHBORHOOD ON AN OVERSIZED 5100 SF LOT JUST SIX BLOCKS TO THE BEACH. IT HAS BEEN THE FAVORITE GATHERING PLACE OVER THE YEARS FOR FAMILY AND FRIENDS. AND NOW IT CAN BE YOURS! A PRIVATE GATED PATIO WELCOMES YOU TO THIS THREE BEDROOM PLUS TWO BATH HOME WITH A VERSATILE FOURTH BEDROOM, OFFICE OR SITTING ROOM.THE FRONT DOOR OPENS TO THE ENTRY HALL LEADING YOU TO THE SPACIOUS SKYLIGHTED KITCHEN. SUNNY AND LIGHT WITH ROOM FOR A FUTURE CENTER ISLAND. THE VAULTED BEAM CEILING GREAT ROOM IS OPEN TO THE DEFINED DINING AREA AND THE BRICK WALLED LIVING ROOM WITH FIREPLACE. A REAR WALL OF FRENCH WINDOWS AND DOORS PROVIDE VIEWS AND ACCESS TO THE COVERED PATIO AND THE TERRACED YARD BEYOND. PLENTY OF PARKING IN THE DOUBLE GARAGE, DRIVE WAY, AND STREET SPACE. KIDS ATTEND GRANDVIEW THE ORIGINAL MANHATTAN BEACH ELEMENTARY SCHOOL. YOU ARE ONLY MINUTES TO DOWNTOWN MANHATTAN BEACH AND THE MANHATTAN MALL WITH NUMEROUS FINE RESTAURANTS AND HIGH END SHOPS. CONVENIENT TO NORTH END CAFES AND UNIQUE BOUTIQUES. EVEN A LOCAL MARKET. ENJOY LOTS OF OUTDOOR ACTIVITIES AT NEARBY SAND DUNE PARK AND OF COURSE AT THE BEACH! READY TO MAKE YOUR OWN NEW MEMORIES?
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 4.0 | 30% |
| Square foot | 1,490 | 2,822 | 18% |
| Lot Size | 5,403 | 4,874 | 60% |
| Price | $2.70M | $3.85M | 25% |
| Price per sq ft | $1.8K | $1.5K | 73% |
| Built year | 1957 | 1985 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 117 | 2% |
Jun 3, 2026
$2,699,000
Initial Listing
Oct 3, 1996
$143,000
Public Record