Seller's Agent in 2023
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
7 in this area
95 Total Sales
112 44th St Manhattan Beach, CA 90266
Estimated Value: $3,317,000 - $3,815,000
4
Beds
4
Baths
2,460
Sq Ft
$1,443/Sq Ft
Est. Value
Highlights
- Beach Front
- Property has ocean access
- Ocean Side of Highway 1
- Grand View Elementary School Rated A
- Across the Road from Lake or Ocean
- Corner Lot
About This Home
As of July 2023We are pleased to present 112 44th St, Manhattan Beach: located only one block up from The Strand on a corner lot. This side-by-side duplex, built in 1959, boasts two townhome style units measuring roughly 1,200 SqFt each. Both units have full panoramic ocean views as well as access to the rooftop deck in the previous owners unit. Both units are 2-bedroom, 1.5-bathroom units and have their own washer/dryer hookups. On the ground level there are two very large enclosed 2-Car Garages, which is very rare for the notoriously parking-scarce El Porto area of Manhattan Beach. One of the units has recently undergone upgrades, such as new laminate flooring, new kitchen appliances, new bathroom vanity, cleaned fireplace, and a fresh paint job throughout the unit. This property is perfect for an owner/user who can offset their mortgage, or as a full investment property located within the coastal zone / Manhattan Beach Sand Section, which allows for short term rentals for increased income. Both units will be delivered vacant.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 05/30/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 1,433 Sq Ft Lot
- Beach Front
- No Common Walls
- Corner Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,460 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
Location
- Across the Road from Lake or Ocean
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 13 / 6
- Tax Tract Number 4103
- Assessor Parcel Number 4137006031
- $2,409 per year additional tax assessments
Community Details
Overview
- 2 Units
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $450
- Fuel Expense $450
- Gardener Expense $1,200
- Insurance Expense $1,772
- Maintenance Expense $7,200
- Trash Expense $450
- Water Sewer Expense $450
- New Taxes Expense $35,813
- Operating Expense $47,735
- Gross Income $180,000
- Net Operating Income $126,866
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 10, 2025
Sold by
Torunyan Vartkes
Bought by
Torunyan Family Trust and Torunyan
Current Estimated Value
Purchase Details
Listed on
May 30, 2023
Closed on
Jun 9, 2023
Sold by
Douglas L Croisette Living Trust
Bought by
Torunyan Vartkes
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,865,000
Sold Price
$3,125,000
Premium/Discount to List
$260,000
9.08%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$2,000,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 1996
Sold by
Croisette Douglas L
Bought by
Croisette Douglas L and The Douglas L Croisette Living Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torunyan Family Trust | -- | None Listed On Document | |
| Torunyan Vartkes | $3,125,000 | First American Title | |
| Croisette Douglas L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Torunyan Vartkes | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2023 07/25/23 | Sold | $3,125,000 | +9.1% | $1,270 / Sq Ft |
| 06/02/2023 06/02/23 | Pending | -- | -- | -- |
| 05/30/2023 05/30/23 | For Sale | $2,865,000 | -- | $1,165 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37,389 | $3,187,500 | $3,060,000 | $127,500 |
| 2024 | $37,389 | $3,125,000 | $3,000,000 | $125,000 |
| 2023 | $4,711 | $212,741 | $111,673 | $101,068 |
| 2022 | $4,661 | $208,571 | $109,484 | $99,087 |
| 2021 | $4,668 | $204,483 | $107,338 | $97,145 |
| 2019 | $2,782 | $198,819 | $104,155 | $94,664 |
| 2018 | $2,708 | $194,929 | $102,113 | $92,816 |
| 2016 | $2,313 | $186,977 | $98,149 | $88,828 |
| 2015 | $2,268 | $184,169 | $96,675 | $87,494 |
| 2014 | $2,251 | $180,563 | $94,782 | $85,781 |
Source: Public Records
Agents Affiliated with this Home
-
Johnnie Stiegler
-
Stephen Takahashi
Seller Co-Listing Agent in 2023
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
4 in this area
100 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23094760
APN: 4137-006-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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