600 8th Street, Manhattan Beach

$5,500,000

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6 Beds
8 Baths
6,000 Sqft
.18 Acre
3 Garages

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.***

Essential Information

MLS® #
SB23034145
Price
$5,500,000
Bedrooms
6
Bathrooms
8.00
Full Baths
5
Half Baths
3
Square Footage
6,000
Acres
0.18
Year Built
2024
Type
Residential
Sub-Type
Single Family Residence
Style
Modern, Other
Status
Active

Community Information

Address
600 8th Street
Area
144 - Manhattan Bch Hill
City
Manhattan Beach
County
Los Angeles
Zip Code
90266
Community Features
Sidewalks, Urban
Senior Community
N

Amenities

Utilities
See Remarks
Parking Spaces
3
Parking
None, See Remarks
# of Garages
3
Garages
None, See Remarks
View
Ocean
Pool
None

Interior

Heating
Central
Cooling
Central Air, See Remarks
Fireplace
Yes
Fireplaces
See Remarks
# of Stories
3
Stories
Two

Lot Description

Corner Lot, Greenbelt, Irregular Lot, 0-1 Unit/Acre

Foundation

Concrete Perimeter, See Remarks

School Information

District
Manhattan Unified
Elementary
Robinson
Middle
Manhattan Beach
High
Mira Costa

Additional Information

Date Listed
March 22nd, 2023
Days on Market
295
Zoning
MNRS

Listing Details

Agent
Jeremy Shelton

Office

Pacifica Properties Group, Inc.

Property History
Price Reduced from $5,995,000 to $5,500,000
Price Reduced from $6,500,000 to $5,995,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.