NOT LISTED FOR SALE

Estimated Value: $4,401,000 - $6,286,000

6 Beds
5 Baths
3,375 Sq Ft
$1,645/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $5,300,000 $1,570 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $34,136/month

2 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Contemporary Architecture
  • Grand View Elementary School Rated A
  • Garage Apartment
  • No HOA

About This Home

As of July 2022

Incredible opportunity to own premium coastal property just steps from the beach. All your senses will come alive enjoying the ultimate bliss from direct ocean air and warm Southern California sunshine. This unique investment is a duplex or SFR w/attached guest house, as it has 2 kitchens and 2 separate entrances w/2 car garage. This street to street property has great bones and waiting for a little TLC. Just a short distance to shops, restaurants, ocean, beach, pier, and many more endless activities. Excellent school district ranking a 10 across the board. Possibilities are endless!

Last Agent to Sell the Property

Missy Echeverria

Keller Williams Beverly Hills License #01469390 Listed on: 07/11/2022

Keller Williams Beverly Hills

Co-Listed By

Alex Echeverria

Keller Williams Beverly Hills License #01936552

Last Buyer's Agent

Molly Hobin Williams

Bayside License #00819814

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 2,700 Sq Ft Lot
  • Property is zoned MNRH

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Driveway

Property Views

  • Ocean
  • City Lights

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,375 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Carpet
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry closet
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Property has ocean access
  • Beach Access

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4175-028-003

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Incredible opportunity to own premium coastal property just steps from the beach. All your senses will come alive enjoying the ultimate bliss from direct ocean air and warm Southern California sunshine. This unique investment is a duplex or SFR with attached guest house, as it has 2 kitchens and 2 separate entrances with 2 car garage. This street to street property has great bones and waiting for a little TLC. Just a short distance to shops, restaurants, ocean, beach, pier, and many more endless activities. Excellent school district ranking a 10 across the board. Possibilities are endless!
  • Entry Location: Top Level
  • Living Area: 3375
  • Lot Acreage: 0.0620
  • Probate: Yes
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1970
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: In Closet
  • Total Bathrooms: 5.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1185.19

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Pool: No
  • Roof: Composition, Flat, Shingle
  • Spa Yn: No
  • View: City Lights, Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached, Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4175-028-003
  • Lot Location: Beach Access, Ocean Access
  • Lot Size Area: 2700

Rental Info

  • Court Approve: No

MLS Schools

  • School District: Manhattan Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Shields 2009 Irrevocable Trust
Bought by
Ocean Drive Mb Investors Llc
Current Estimated Value
$5,552,691
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocean Drive Mb Investors Llc -- None Listed On Document
Shields 2009 Irrevocable Trust $5,500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $5,300,000 +32.5% $1,570 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $4,000,000 -- $1,185 / Sq Ft
Source: The MLS

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 $61,206 $5,514,120 $4,993,920 $520,200
2024 $61,206 $5,406,000 $4,896,000 $510,000
2023 $60,014 $5,300,000 $4,800,000 $500,000
2022 $4,481 $275,336 $132,584 $142,752
2021 $4,543 $269,938 $129,985 $139,953
2019 $4,404 $261,933 $126,131 $135,802
2018 $4,325 $256,798 $123,658 $133,140
2016 $4,077 $246,828 $118,857 $127,971
2015 $4,004 $243,121 $117,072 $126,049
2014 $3,962 $238,359 $114,779 $123,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-176385

The MLS

APN: 4175-028-003