NOT LISTED FOR SALE

1148 Elm Ave Manhattan Beach, CA 90266

Estimated Value: $2,039,000 - $2,452,940

3 Beds
2 Baths
1,678 Sq Ft
$1,369/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $1,350,000 $805 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $13,664/month

102 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Breakfast Bar
  • Pacific Elementary School Rated A
  • Beamed Ceilings
  • Laundry Room

About This Home

As of October 2019

West of PCH - this could be your dream home! Live close to the beach in the heart of Manhattan Beach’s Tree Section. There is unlimited potential here in this 3 bedroom/2 bathroom home that offers the perfect opportunity to remodel and create your home as you’ve always envisioned, or build something new. This home is a fixer and needs TLC. The front yard is set back a comfortable distance from the street and offers a large synthetic turf area. Just a short stroll to Downtown Manhattan Beach, restaurants, shopping, great schools, and the Beach.

Last Agent to Sell the Property

Jerry Carew

REMAX AEGIS License #01374136 Listed on: 05/16/2019

Co-Listed By

Robert Trapnell

REMAX AEGIS License #00973201

Last Buyer's Agent

Justin Naoe

Compass License #01855054

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,267

Year Built

  • Built in 1957

Lot Details

  • 4,477 Sq Ft Lot
  • Front Yard
  • Property is zoned MNRS

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Fixer Upper

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1638
  • Assessor Parcel Number 4170008009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,267

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MNRS
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170008009
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1678.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 804.53
  • Room Type: All Bedrooms Down, Family Room, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4477.00
  • Lot Size Acres: 0.1028

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4477.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.03
  • Tax Lot: 9
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Sep 4, 2019
Sold by
Mckenney Megan
Bought by
Naoe Justin and Castro Mario
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Justin Naoe
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$2,296,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$946,735
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,080,000
Outstanding Balance
$926,040
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,370,695
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Naoe Justin $1,350,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naoe Justin $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $1,350,000 0.0% $805 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $1,350,000 0.0% $805 / Sq Ft
08/15/2019 08/15/19 For Sale $1,350,000 -9.9% $805 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $1,499,000 0.0% $893 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $1,499,000 0.0% $893 / Sq Ft
07/19/2019 07/19/19 For Sale $1,499,000 +11.0% $893 / Sq Ft
06/19/2019 06/19/19 Off Market $1,350,000 -- --
06/19/2019 06/19/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $1,549,000 -- $923 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $17,267 $1,514,304 $1,421,738 $92,566
2024 $17,267 $1,484,612 $1,393,861 $90,751
2023 $16,356 $1,419,089 $1,366,531 $52,558
2022 $16,077 $1,391,265 $1,339,737 $51,528
2021 $15,823 $1,363,986 $1,313,468 $50,518
2019 $1,946 $126,028 $64,809 $61,219
2018 $1,854 $123,558 $63,539 $60,019
2016 $1,519 $118,763 $61,073 $57,690
2015 $1,490 $116,980 $60,156 $56,824
2014 $1,481 $114,689 $58,978 $55,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19140128

California Regional Multiple Listing Service (CRMLS)

APN: 4170-008-009