600 8th Street

Manhattan Beach, CA 90266

$5,500,000

Listed Price
6

bed Beds

8

shower Baths

6,000 sqft

straighten $916 / sqft

2024

calendar_month Built

Property Description

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.***

Interior Features

Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 8
Fireplace Information
Features See Remarks
Interior Information
Cooling Type Central Air, See Remarks

Listing Information

Address 600 8th Street
City Manhattan Beach
State CA
Zip 90266
County Los Angeles
Listing Agent Jeremy Shelton DRE#01416145
Courtesy Of Pacifica Properties Group, Inc.
MLS SB23034145
List Price $5,500,000
Status Active
Type Residential
Subtype Single Family Residence
Structure Size 6,000
Lot Size 7,624
Year Built 2024
DOM 281

Exterior Information

Other Structures
Features None
View Yes

Maps

Listing information courtesy of: Jeremy Shelton, Pacifica Properties Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 30th, 2024 at 5:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.