1812 Ocean Drive, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 2 bed, 1 bath

ACTIVE$4,490,000
1812 Ocean Drive, Manhattan Beach, California 90266
2Beds
1Bath
690Sqft
1,350Lot
Year Built
1948
Close
-
List price
$4.49M
Original List price
$4.85M
Price/Sqft
$6,507
HOA
-
Days on market
-
Sold On
-
MLS number
SB25077266
Home ConditionTear down
Features
Excellent View: Ocean
ViewOcean
About this home
We found 3 Cons,5 Pros. Rank: price - $4.49M(75th), sqft - 690(2th), beds - 2(9th), baths - 1(8th).
This property sits within the elevated part of the Sand Section complete with underground utilities. Effortless access to LAX and the 405 freeway.
Nearby schools
9/10
Grand View Elementary School
Public,•K-5•0.3mi
9/10
Opal Robinson Elementary School
Public,•K-5•0.9mi
10/10
Hermosa View Elementary School
Public,•K-3•1.9mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.8mi
8/10
Hermosa Valley Elementary School
Public,•4-8•1.9mi
9/10
Mira Costa High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
09/03/25
Price Change
$4,490,000
04/15/25
Listing
$4,850,000
Condition Rating
Tear down
The property was built in 1948, making it 76 years old. The MLS description provides no details about any renovations, updates, or the interior condition of the home, including the kitchen or bathrooms. The provided image only showcases the ocean view, offering no insight into the property's structure or finishes. Given its age and the complete absence of renovation information, it's highly probable that the existing structure is outdated and requires significant rehabilitation or demolition, with the property's substantial value primarily attributed to its prime oceanfront land and location.
Pros & Cons
Pros
Prime Coastal Location: Situated on Ocean Drive within Manhattan Beach's highly coveted Sand Section, offering an unparalleled address in a prestigious coastal community.
Ocean Views: The property boasts confirmed ocean views, a significant and highly desirable amenity that commands a premium in this market.
Desirable Neighborhood Infrastructure: Located in an elevated part of the Sand Section with underground utilities, enhancing aesthetic appeal and service reliability.
Excellent Accessibility: Offers effortless access to LAX and the 405 freeway, providing convenience for travel and commuting.
Top-Tier School District: Part of the highly-regarded Manhattan Unified School District, a strong draw for families seeking quality education.
Cons
Limited Property Size: With only 690 sqft of living space and a 1350 sqft lot, the property is exceptionally small for a single-family residence in this area, suggesting the primary value lies in the land for potential redevelopment.
High Price-to-Size Ratio: The list price of $4.49M for a property of this size indicates a very high cost per square foot, reflecting land value rather than the existing structure's utility or condition.
Age and Condition for Price Point: Built in 1948, the existing structure is likely dated and would require substantial renovation or complete redevelopment to align with modern luxury expectations and justify the high price point.