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540 24th Street, Manhattan Beach, CA 90266

$3.30M3bd · 3ba · 2,385 sqft
Lot 3,600 sqft•Single Family Residence•
Active
•5d on market•MLS# SB-26135816

Property Description

Located in the coveted Gas Lamp District of Manhattan Beach, 540 24th Street presents a charming beach cottage framed by mature trees and set on an oversized lot approximately one and a half times the size of the average Gas Lamp property. Entering through the front door, the home welcomes you with abundant natural light, airy interiors, and a sense of warmth and character throughout. At the front of the residence, a formal living room offers an inviting gathering space centered around a charming fireplace and framed by large front-facing windows that fill the room with light. Adjacent to the living room, the kitchen enjoys a natural connection to the surrounding living spaces, featuring butcher block countertops, thoughtful storage, and a convenient pass-through that enhances both everyday living and effortless entertaining. Positioned just beyond, a dining nook surrounded by walls of windows provides a bright and refreshing setting for meals, ideally situated alongside the kitchen and main living areas. Toward the rear of the home, a sunken family room serves as a welcoming hub, distinguished by vaulted wood-beamed ceilings, a dramatic floor-to-ceiling stone fireplace, built-in cabinetry, and a dry bar. Two sets of double doors open directly to the outdoor living spaces, creating a seamless connection between indoors and out. Step outside to the spacious side deck and yard, offering plenty of room for outdoor dining, entertaining, and lounging. Also on the main level, a full bathroom and dedicated laundry room with built-in storage add everyday convenience and functionality. Ascending to the second level, the home's private living quarters include three generously sized bedrooms. The primary suite serves as a peaceful retreat, featuring vaulted wood-beamed ceilings, custom built-ins, a charming bay window with built-in bench seating, a walk-in closet, and a spacious ensuite bathroom complete with dual vanities, a soaking tub, and a glass-enclosed shower. The two additional bedrooms each offer ample closet space and share a secondary bathroom with a shower/tub combination. Completing the property is an oversized two-car garage along with an additional off-street parking space located behind the garage. Blending timeless character, generous living spaces, and a rare oversized Gas Lamp District lot, 540 24th Street presents a rare opportunity to enjoy the charm of coastal living in one of Manhattan Beach's most sought-after neighborhoods.

Features & Amenities

FeeBuilt 1940

Property Details

Land Type
Fee
Year Built
1940
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Wall Furnace, Central, Fireplace(s), Forced Air
Cooling
None
Flooring
Carpet, Tile, Wood
Roof
Shingle, Composition
City
Manhattan Beach
Zip Code
90266
County
Los Angeles
Listed byCompass, Lauren Forbes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$16,681.54
Principal & Interest
Loan Amount
$2,639,200
Total Interest
$3,366,154
Total Payment Over 30 Years
$6,005,354
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

540 24th Street, Manhattan Beach, CA 90266

Manhattan Beach · Single Family Residence

$3.30M
Luxury Tier
Beds
3
Baths
3
Sqft
2,385
Lot
3,600 sqft
Year
1940
$/Sqft
$1383
Pool: No✓
Garage: 2-car✓

Listed 5.8% below the median closed sale of $3,502,000. Closed comps sold at 103% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $3.30M· $1,383/sqft
Total list price
Closed comps
vs closed median $3.50M
−$203K (−5.8%)
Active comps
vs active median $3.00M
+$299K (+10.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,485
−$102 (−6.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
600 29thManhattan Beach1952322,3464,200$1,396$3.27M1286
3508 MapleManhattan Beach1967321,8994,642$1,553$2.95M2582
515 24th StreetManhattan Beach1947321,5972,687$1,879$3.00M580
3001 Valley DriveManhattan Beach1952322,0005,017$1,500$3.00M61264
2314 PacificManhattan Beach1977433,1905,060$1,097$3.50M361
Total: 5 · Average3.22.22,206.44,321.2$1,485$3.14M131.4
Median2,000$3.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2108 Grandview AvenueManhattan Beach194805/01/2026432,3333,509$3.20M$3.50M$1,5001.092288
2212 Ardmore AvenueManhattan Beach195302/18/2026432,4284,402$3.40M$3.50M$1,4421.032882
2208 Grandview AvenueManhattan Beach195211/24/2025442,9003,503$3.90M$3.60M$1,2410.923481
460 30th StreetManhattan Beach192911/24/2025532,2082,707$2.83M$2.91M$1,3181.035779
1729 Pacific AvenueManhattan Beach195005/12/2026332,8504,769$3.40M$3.70M$1,2981.093378
Total: 5 · Average4.03.22,543.83,778$3.44M$3.44M$1,359.8—34.8
Median2,428$3.50M$3.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.