$4,800,000
A rare opportunity to reimagine an expansive 13,492-square-foot MNRH parcel in Manhattan Beach. Currently the property sits as a 1,532 square foot, three bedroom, one bath home with two car garage, 1633 Artesia Boulevard sits near the crest of the street, offering southern and western sun exposure throughout the day. The property is surrounded by the past, present, and future of the neighborhood from well established townhome communities, well maintained multifamily properties, single family residences, and a new condominium community nearing completion. What makes this opportunity especially compelling within this mixed corridor of residential living and commerce is its location within the award-winning Manhattan Beach Unified School District. It is just a few short blocks from top-rated Mira Costa High School, within walking distance of Pennekamp Elementary and Manhattan Academy, and just over a mile down one street to the famous Southern California beaches. For an investor, the scale of the property presents an opportunity to envision a distinctive luxury residential community. For an end user, it offers the space to create a private estate or multigenerational family compound both with the opportunity to create an identity that extends well beyond the street it sits on. This is a blank canvas for thoughtful design and the features today’s buyers value most: inviting indoor-outdoor living, private wellness spaces incorporating a sauna, plunge pool, and/or gym, and a space curated for entertaining and connection. The existing home is in original condition with deferred maintenance. The property is being sold primarily for land value, no repairs or improvements will be made, sold as-is.
SB26169444
MLS
1633 Artesia, Manhattan Beach
Listing courtesy of Listing Agent: Cynthia De Garceau (swellhom@gmail.com) from Listing Office: Pacifica Properties Group, Inc..