708 8th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 4 bath
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Manhattan Beach, California 90266
Analysis of 708 8th Street, Manhattan Beach, California 90266 is currently available with a list price of $12,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1948 (>50 years old) and is being marketed primarily for its land value and development potential. The listing description focuses on the opportunity to 'create your dream home' and provides conceptual renderings for a new build, indicating the existing structure is likely at the end of its functional life.
The property features a rare 9,960 SF corner lot, offering a massive footprint that is significantly larger than standard parcels in Manhattan Beach, providing unparalleled space for a custom estate.
Boasts spectacular, panoramic ocean views stretching from Palos Verdes to Malibu, ensuring a high-value coastal lifestyle and protecting the long-term appreciation of the asset.
Located in the prestigious Hill Section with conceptual plans from renowned architects already prepared, this site offers a turnkey vision for building a world-class legacy residence.
At a $12.5M price point, the existing 1948 structure adds little to no functional value, meaning the buyer is paying a significant premium almost exclusively for the land and its potential.
Transforming this property into its 'dream home' state will require a substantial additional capital investment and a lengthy commitment to the coastal permitting and construction process.
A once in a lifetime opportunity to create your dream home in one of the South Bay's most sought-after Manhattan Beach neighborhoods. Set on an expansive 9,963 SF corner lot, this exceptional property offers some of the most spectacular unobstructed ocean views available, showcasing breathtaking panoramas that stretch from Palos Verdes to Malibu. Rarely does a property of this caliber become available, offering endless possibilities to create a legacy residence tailored to your every whim. To help bring the vision to life, locally renowned architects have prepared conceptual floor plans and exterior renderings showcasing just some of the incredible options for this piece of land. These preliminary designs provide buyers with inspiration for creating a truly remarkable custom residence that maximizes the home's extraordinary setting and view potential. Opportunities like this are exceedingly rare. Build the home you've always dreamed of and experience the very best of beach living from one of Manhattan Beach's most desirable view locations.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,324 | 2,840 |
| Lot Size | 9,963 | 5,009 |
| Price | $12.50M | $3.96M |
| Price per sq ft | $5.4K | $1.5K |
| Built year | 1948 | 1984 |
| HOA | $0 | $0 |
| Days on market | 2 | 48 |
Jul 20, 2026
$12,500,000
Initial Listing