Short Sale Listings in Manhattan Beach, CA

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View this home at El Porto St Manhattan Beach CA 90266
$1,037,000 EMV
El Porto St
Manhattan Beach, CA 90266
EST. RENT: $4,130
AUCTION: 05-16-2024
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Home Value Estimator For Manhattan Beach, CA

There are currently 12,012 real estate properties in Manhattan Beach, CA, with a median automated valuation model (AVM) price of $2,843,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manhattan Beach, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Manhattan Beach, CA, is $3,045,981.00, with the most expensive house in Manhattan Beach, CA, topping out at $36,039,000.00 and the cheapest home in Manhattan Beach, CA, clocking in at $17,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Manhattan Beach, CA!

Rent Prices In Manhattan Beach, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manhattan Beach, CA, is on a rollercoaster ride. The average rent price in Manhattan Beach, CA, is $5,049.00. Indeed, when looking to rent in Manhattan Beach, CA, you can expect to pay as little as $1,940.00 or as much as $8,260.00, with the average rent median estimated to be $5,040.00. The good news is that finding an affordable and desirable property to rent in Manhattan Beach, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Manhattan Beach, CA In 2024

Manhattan Beach is located in Los Angeles, California, with an estimated municipal population of 35,183 residents. All of the best foreclosed homes for sale in Manhattan Beach are located in the following zip code areas on 90266 90267. The estimated population per square kilometer (.62 miles) in Manhattan Beach is 3,450.

Cost Of Living In Manhattan Beach, CA

So, about how much do homes cost in Manhattan Beach? The most recent median value of resident-owned homes in Manhattan Beach is 1,942,169. An estimated 69.6 percent of households in Manhattan Beach own their homes, with an average family size of 3.15. The median household income in Manhattan Beach is 153,023, with67.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Manhattan Beach, the median commute time of resident workers (in minutes) is 32.5. And last, but certainly not least, are you looking for homes to rent in Manhattan Beach? If so, the average rent price paid by renters in Manhattan Beach is 2,628, according to recent statistics.

Diversity And Demographics In Manhattan Beach, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Manhattan Beach, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Manhattan Beach is 44, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Manhattan Beach is 59.2, with an average family size of 3.15.

The percentage of residents who report their race in Manhattan Beach is as follows:

White 78.2%
Black / African American 0.5%
Asian 13.5%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 5.6%
Other 1.9%

Looking for family-friendly neighborhoods in and/or near Manhattan Beach? Or maybe you are searching for 55+ active adult communities in and/or near Manhattan Beach?

The percentage of residents who report their age in Manhattan Beach is as follows:

Under 10 13.2%
Aged 10-19 14.8%
20s 5.5%
30s 10.9%
40s 15.8%
50s 16.3%
60s 11.1%
70s 7.9%
80+ 4.4%

Best Schools In Manhattan Beach, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Manhattan Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Manhattan Beach.

Pros And Cons Of Living In Manhattan Beach, California

How do you know that living in -- or moving to -- Manhattan Beach is right where you need to be? Perhaps you grew up in Manhattan Beach or already live nearby; therefore, the decision to buy a home in Manhattan Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Manhattan Beach for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Manhattan Beach:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Manhattan Beach.

Reasons To Move To Manhattan Beach, California, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Manhattan Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Manhattan Beach, meanwhile, can field multiple offers from more qualified buyers.

Manhattan Beach, CA Short Sale Listings


Listing types in Manhattan Beach, CA

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