North Manhattan – El Porto Real Estate

While the real estate market around the country was taking a hit, home values along the coast of the South Bay remained as stable as ever.  The “sand” section of Manhattan Beach   remained particularly strong as oceanview and oceanfront homes that are walkable to the beach are always in demand.  Home prices in the sand section (see map) are reaching unbelievable highs with full lot walkstreets in the 3-6 million dollar range, depending on age, condition and view.

El Porto Home                El Porto View

     Typical 1/2 Lot El Porto Home                                   Some Stunning Ocean Views

While these homes are out of reach for most South Bay buyers, there is an area of Manhattan Beach that offers far more reasonable home prices.  The area is known as “north” Manhattan, although it’s more familiar to most as El Porto.  El Porto is the northernmost neighborhood of Manhattan Beach. Ideally located for commuters traveling to Santa Monica or downtown Los Angeles, El Porto offers close proximity to LAX, Marina Del Rey, the Westside and more. As El Porto lies on a fairly steep grade, homes in the area often offer stunning ocean and panoramic views from Palos Verdes to Malibu. One unique feature of El Porto is that it offes many half lots generally measuring 45×30 which allows for some more affordable housing within a block or two from the ocean.  Many of these homes are “legal non-conforming” duplexes with a 2 bedroom unit upstairs and a 1 bedroom or studio rental downstairs.  Homes in the area start in the mid $800,000 and depending on size, age, and views can go up to the $2,000,000+ range.  The area is ideal for people not needing a huge home, that love the beach and ocean, and want to shave off 15 minutes of their commute.  For surfing enthusiasts, it happens to front the best surfing beach in the South Bay.  If you are looking for an oceanview home in Manhattan Beach you may want to consider the El Porto.

Keith Kyle – Realtor, e-Pro – South Bay Brokers– 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 – 310-251-2344 – Keith.Kyle@SouthBayBrokers.com

 

For real estate information, open houses, and FREE MLS access visit www.KeithKyleHomes.com

Want to Know Why You Can’t Find a South Bay Home?

If you’re like many South Bay home buyers, you’re probably experiencing the frustration that so many others are….there are no homes to buy.  With this incredibly low inventory the few homes that do come on the market don’t last more than a few days and often sell for prices that would have been a major challenge just a few months ago.  It might be temporary, but back are the days of multiple offers, conditions favorable to the sellers, offers over the list price and a number of cash buyers to compete with.  Inventory just keeps going down with fewer and fewer available homes to by.  If it’s hard to picture just what’s happening the chart below couldn’t be clearer.  The light green bar shows the number of active homes for sale in the cities of El Segundo, Gardena, Harbor City, Hawthorne, Hermosa Beach, Lawndale, Lomita, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, San Pedro, Torrance.  The teal columns show sold homes and the red bar shows the pending home sales.

Manhattan Beach Real Estate Information

Manhattan Beach offers housing options from multi-million dollar mansions on the world famous “Strand” to wonderful cottages on tree lined streets. Manhattan Beach real estate is generally comprised of 5 very distinct “sections”.  All of these neighborhoods are part of the award winning Manhattan Beach Unified School District but each has a very different atmosphere that appeals to people with varying priorities.

The sections are the Sand Section with many charming pedestrian only streets and the ever important proximity to the beach, the Tree Section with great family neighborhoods and tree lined streets, the Hill Section with breathtaking ocean views and breezes, the gated community of Manhattan Village, and the area east of Sepulveda Blvd known as East Manhattan. Click on each neighborhood to see what makes them different and to get valuable insight into the real estate options and benefits of each.Your online resource for Manhattan Beach homes and real estate. Find your home in Manhattan with our simple targeted home finder or search all South Bay homes with our free MLS access. If you are looking to buy or sell a home or investment property in Southern California….we can help. Find out why South Bay Brokers should be your Manhattan Beach Realtors®. From townhomes in the sand section, to mansions on The Strand, to investment properties in El Porto, to estates in Manhattan Village, we can help.

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(all data current as of 10/27/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Location:
Starts at Homer Street on the South, and 45th on the North.

Lot Sizes: Typically 30’x90′ in size, East-West lots can be 33.3×100′; many other lots are half size (30″x 45′), particularly in EI Porto (Historically north of 38).

Height Limit: 30′, three stories, no decks on top story.

Strand Properties: Range in value from 6.5M to 25 Million, approximately 45 condos on the Strand.  Most lots are 30’x100′ to 30’x150′.

Walk Streets 100 & 200 Blocks: South End Walk Streets: Flat, no view typically. Highly desired by families, no traffic on the sidewalk street. Yards require encroachment permits to provide low landscaping. Star at 4th and go to 10th. North End Walk Street: 15th to 20th Street.
Ocean views.

Town homes: Range in size from 1900 to 2300 (look for basements now).

Gaslight Section: Between 21st Street and 24th Street; Blanch and Grandview. There are some gaslights on 400 block of Maine and 23m Street. Typically, 30’x90′ lots, two stories, 26′ height limit, so the new homes are smaller than the Sand Section and Tree Section.

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