600 8th Street
Manhattan Beach, CA, 90266 $ 5,500,000
Bedrooms6 Baths5.3 Sq 6,000 Monthly Estimate*
$ 36,555
Listed by Pacifica Properties Group, Inc.
for $5,500,000 with 6 bedrooms and 5 full baths, 3 half baths. This 6,000 square foot home was built in 2024 on a lot size of 0.175.
Now priced close to lot value with over $2M in foundation and structure in place. If you are a buyer wanting to build a world class custom Hill Section estate, investor, or developer looking for a top-of-line build project priced approximately 30% under market value, YOU NEED TO TAKE A LOOK AT THIS incredible Manhattan Beach Hill Section opportunity. As the recent price reduction reflects, the project known as the ‘Frame House’ at 600 Eighth Street is now valued significantly under current replacement/project value. The 2 year head start on the build adds significant financial value as well as the reduction of the frustrating new construction planning and approval process..This rare corner lot, build-in-progress project can be purchased with available KAA plans for a best-in-class custom home (see renderings and supplements) OR a foundation up re-design utilizing the existing foundation and footprint. The availability of a large, developable corner lot in this location is basically non-existent. The large lot size (7,624 sq ft) is perfectly oriented to show off the astounding 94’ X 138’ of lot/street frontage! The western orientation gives the new home an incredible amount of natural light for most of the day all year round. Despite being on an open corner, the lot and future home can have incredible amount of privacy...Directly west and across the street is the popular Green Belt, an outdoor walking trail, that lends the property a buffer from the urban life at the beach.. A SHORT comfortable walk takes you to the famous Downtown District, the centerpiece of our beach community filled with great shopping, world class dining, the Strand, and the iconic Manhattan Beach pier. One more cool thing....This home has a Geothermal heat system under construction. Please have your representative reach out to the listing agent for more information including current budget and financial details, floor plans, renderings, scope, photos, and more valuable information. ***This property has NOT been completed. Sale price includes the lot, transferrable plans, and what is currently built (foundation, pool, Geothermal system, etc). The renderings and description are conceptual.***
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FeaturesGeneralSewer PublicSewer
Heating Central
Cooling CentralAir SeeRemarks
Utilities SeeRemarks
Possession CloseOfEscrow
Zoning MNRS
HOA 0.0
Garage Spaces 3.0
Patio/Porch Features None
Architectural Style Modern Other
Pool Features None
Year Built 2024
View Ocean
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Community Features Sidewalks Urban
Accessibility None
County Los Angeles
New Construction Y
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Ardmore and 8th
High School Mira Costa
City Manhattan Beach
Entry Location North
View Y/N Y
Senior Community Y/N N
High School District Manhattan Unified
Total Units 1
MLS Area 144 - Manhattan Bch Hill
Lot Size Square Feet 7624.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 8th
Listing Terms Cash CashtoNewLoan
Spa Features None
Elementary School Robinson
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Manhattan Beach
Property Condition BuildingPermit UnderConstruction
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://600eighth.com/MLS/
Days on Market 280
Structure Type House
Standard Status Active
Occupancy Type Vacant
Year Built Source SeeRemarks
Tax Lot 6
Property Sub Type Additional SingleFamilyResidence
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ExteriorParking Features None SeeRemarks
Lot Features Item01UnitAcre CornerLot Greenbelt IrregularLot
Water Source Public
Total Parking 3.0
Lot Size Area 7624.0
Foundation Details ConcretePerimeter SeeRemarks
Spa N
Lot Size Acres 0.175
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features SeeRemarks
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 5
Half Baths 3
Street Suffix Street
Laundry Features None
Total Bedrooms 6
Electric On Property Y/N N
Main Level Bedrooms 3
Main Level Bathrooms 3
Below Grade Finished Area Unit Type SquareFeet
Total Baths 8
Living Area Units SquareFeet
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* Excluded FeaturesList ByPacifica Properties Group, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $36,555
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Manhattan Beach, CA
Average List Price $6,122,215
Percent of Sale Price 11%
About Manhattan Beach, CA 34,789 Population
2% Since 2002
$ 151,500 Median Income
43.46 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4340111 Elementary School
4340106 Middle School
Mira Costa High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/1/2024 | $5,500,000 | -8.26% | Price Down |
1/19/2024 | $5,995,000 | | Listed Price |