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477 36th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 2 bed, 2 bath

477 36th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$2,275,000
477 36th Street, Manhattan Beach, California 90266
2Beds
2Baths
1,100Sqft
2,252Lot
Year Built
1943
Close
-
List price
$2.27M
Original List price
$2.27M
Price/Sqft
$2,068
HOA
-
Days on market
-
Sold On
-
MLS number
25529201
Home ConditionTear down
Features
Good View: City Lights, Peek-A-Boo
Patio
ViewCity Lights,Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 4 Cons,6 Pros. Rank: price - $2.27M(11th), sqft - 1100(9th), beds - 2(9th), baths - 2(30th).

Welcome to 477 36th Street, a rare opportunity in the highly sought-after Sand Section of Manhattan Beach. Situated on a 2,252 square foot lot, the current 2-bedroom, 2-bathroom beach bungalow offers endless potential to remodel or build your dream coastal retreat. City-approved for a duplex or up to 3,828 buildable square feet as a single family, the property presents ocean views to the west, along with scenic vistas of the Tree Section and snow-capped mountains to the east. Ideally located just four blocks from the beach and within walking distance to Grand View Elementary, Sand Dune Park, and a variety of beloved local shops and restaurants, this one-of-a-kind property is perfectly positioned for families looking to create their dream home by the sea. Link to drone video: https://youtu.be/wmZcXaR24Bw?si=oeJtiM7HMQwCTEuD . Also available upon request.

Nearby schools

9/10
Grand View Elementary School
Public,•K-5•0.5mi
9/10
Opal Robinson Elementary School
Public,•K-5•1.7mi
10/10
Hermosa View Elementary School
Public,•K-3•2.6mi
9/10
Manhattan Beach Middle School
Public,•6-8•2.0mi
8/10
Hermosa Valley Elementary School
Public,•4-8•2.6mi
9/10
Mira Costa High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
04/15/25
Sold
$1,925,000
Condition Rating
Tear down
Built in 1943, this property is an 81-year-old beach bungalow with an extremely outdated interior. The images clearly show a kitchen with original or very old cabinetry, countertops, and appliances, along with bathrooms featuring dated fixtures and tile work. The property description explicitly states it 'offers endless potential to remodel or build' and the property analysis notes it is 'likely outdated and requires significant renovation or demolition,' with the 'price primarily for the land and development potential.' This indicates the existing structure holds little to no value in its current state and is considered a tear-down for redevelopment.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Location: Situated in the highly sought-after Sand Section of Manhattan Beach, just four blocks from the beach, offering an unparalleled coastal lifestyle.
Significant Development Potential: City-approved for either a duplex or a single-family home up to 3,828 buildable square feet, providing substantial opportunity for redevelopment and value creation.
Panoramic Views: Boasts desirable ocean views to the west, complemented by scenic vistas of the Tree Section and snow-capped mountains to the east.
Exceptional Walkability: Conveniently located within walking distance to Grand View Elementary, Sand Dune Park, and a variety of beloved local shops and restaurants, enhancing daily convenience and lifestyle.
Investment Opportunity: A rare offering in a high-demand market, ideal for a discerning buyer looking to build a custom dream home or an income-generating property.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-15. The sold price is $1,925,000.00.
Outdated Existing Structure: Built in 1943, the current 2-bedroom, 2-bathroom beach bungalow is described as having 'endless potential to remodel or build,' indicating it is likely outdated and requires significant renovation or demolition.
Small Lot Size: The 2,252 square foot lot is relatively small, which may present limitations for extensive landscaping or larger architectural footprints compared to properties on more expansive lots.
Price Reflects Land Value/Potential: The list price of $2.275 million is significantly higher than the estimated property value of $1.74 million, suggesting the price is primarily for the land and development potential, requiring a buyer with substantial additional capital for construction.

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