The real estate market in Manhattan Beach never ceases to amaze me – especially lately. The inventory is tight and it doesn’t appear that it will loosen up anytime in the near future. With all the prime properties either sold or in escrow, investors and traditional buyers are forced to look for homes on streets they previously wouldn’t have considered.
This past Saturday, four homes on the same street (two townhouse buildings) went into a pending status after being on the market for almost a year – 330 days to be exact. All four have the same floor plan and all have 1,850 square feet of living space. Let’s take a look at each home’s particulars and then try to figure out what happened.
224 Marine Ave & 225 Marine Place
These townhouses offer…