Manhattan Beach is a very affluent coastal city located in southwestern Los Angeles County, California, USA. The city is on the Pacific coast, south of El Segundo, and north of Hermosa Beach. Manhattan Beach is one of the three Beach Cities in the South Bay and has one public high school, Mira Costa High School. Manhattan Beach is a hotspot for beach volleyball and surfing. Every August, the city hosts the Manhattan Beach Open Volleyball Tournament and the International Surf Festival.
Residential prices in Manhattan Beach are among the highest in the state of California. In 2013, the Dataquick study reported that more homes exceeding $1 million were sold in Manhattan Beach than any other city in California. Pacific Palisades, Newport Beach, Corona Del Mar, Brentwood, Beverly Hills, Calabassas, La Jolla, Atherton, Orinda, Palo Alto, Los Altos, Los Gatos and other high end cities in California ranked behind Manhattan Beach. The Higley 100 Census survey found that The Hill Section of Manhattan Beach is the second highest mean household income neighborhood in Los Angeles County, with Beverly Park ranking first and Beverly Hills (the 90210 section) ranking third, respectively. The current median residential home price is $2.2 million according to a Nov. 23, 2014 L.A. Times article and land values in Manhattan Beach rank among the highest per square foot in the nation. Recent sales include $12.6 million for an oceanfront home situated on a 4,000 square foot lot. In May 2014, a 3,330 sq foot corner lot on the Manhattan Beach Strand sold for a record $16 million. Land values on the Manhattan Beach “Strand” are routinely around $10 million for a 3,000 square foot piece of land.
Manhattan Beach is currently ranked as one of the best suburbs in Los Angeles Country for its high earning and well educated residents. According to US Census data, Manhattan Beach holds the ranking as the second most educated city in Los Angeles County and the fifth most educated city in the state of California. Manhattan Beach’s top performing school district is currently ranked as the third best in the state of California, and Forbes Magazine ranked the city’s school district, MBUSD, as the sixth best school district in the United States.
Many high profile individuals in the sports and entertainment industry call Manhattan Beach home due to its oceanfront desirability, top performing school district, and commuting distance to Los Angeles. GQ Magazine named Manhattan Beach one of the nation’s six best beaches in their July 2014 issue. Manhattan Beach was also named the best beach in the nation for “food” citing the city’s excellent dining scene.
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