Lynn Peters & Lesley Siegel
COMPASS

Manhattan Beach

Getting to know Manhattan Beach

Manhattan Beach is a medium-sized coastal city in the southwestern portion of Los Angeles County, California. Travel Channel ranked it #9 on its “21 Sexiest Beaches” show in 2008. Then, in 2011, CNN Money ranked Manhattan Beach as #1 on their “Best Places for the Rich and Single” list. It has eight neighborhoods, is the 222nd largest community in the state and is home to the Volleyball Walk of Fame. It is one of the Three Beach Cities, along with Redondo Beach and Hermosa Beach. The city motto is “Sun, Sand and Sea” and it has a council/manager for of city government. Downtown Manhattan Beach is the heart of the city and features chic boutiques, fine dining establishments, salons and spas and lively night spots. It is a pedestrian-friendly community is and is charming and nautical in nature. This means that has an abundance of beachfront scenery, history and activities. It is a diverse, welcoming and family friendly city and is popular with everyone from professionals and urban sophisticates to artists and beach folk.

The city spans almost four square miles. In 2010, the population was 35,135 and the population density was 9,078.23 people per square mile. By 2016, the population was estimated at 35,741. In 2010, according to the City Comprehensive Annual Financial Report, the top five employers were Target, Sketchers, Macy's, Fry's Electronics and Marriott. The 2015 estimated median house or condo value in Manhattan Beach was over $1,000,000, the mean price on all housing units was $664,595 and the median gross rent $2,204. It is a definitively white-collar community where over 95% of the workforce is white-collar. Uniquely, in Manhattan Beach, over 10% of the workforce works from home via telecommuting, freelance endeavors and home-based businesses.

Originally the area that would one day be Manhattan Beach was part of the Rancho Sausal-Redondo. Robert Burnett of Scotland purchased the landing 1863 and in 1873 he leased the land to Daniel Freeman to farm when he returned to his homeland. Freeman, his wife and family made a home and a successful ranch on the land and in then purchased it. Freeman and George Peck both owned land that later became parts of the city we know today. The city was incorporated in December of 1912. Much of the land in the area was sand dunes and had to be leveled by builders to make it more usable. Today it is a thriving and lively community.

Public education for the youth of Manhattan Beach is provided by the Manhattan Beach Unified School District. Mira Costa High School is in the city and is ranked in the top 1% of high schools in the nation. Public transportation, bus service provided Beach City Transit and the MTA is the most popular commuting option in the city. The average commute time for residents of the city is approximately thirty-two minutes. The city is blessed with a variety of parks, beach areas and facilities like Polliwog Park, the Strand Boardwalk, the Greenbelt and more. Homes for sale range from small homes to sprawling family homes and come in a variety of styles. Other housing options include properties such as condominiums, townhomes and apartments. Call friendly local real estate agents Lynn Peters and Lesley Siegel today at 213-394-2464 and find the home of your dreams.

Market Stats for Manhattan Beach

by Price Range

General Stats

Highest Price Listing

$18,900,000

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Average Listing Price

$3,922,917

Total Market Listings

210

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Average Price Per Sq Ft

$1,298