NOT LISTED FOR SALE

Estimated Value: $2,226,000 - $3,041,040

3 Beds
2 Baths
1,332 Sq Ft
$1,927/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2022

Last sale price $2,425,000 $1,821 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,403 / mo

13 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property is near public transit
  • Grand View Elementary School Rated A
  • 2 Car Garage
  • No HOA

About This Home

As of July 2022

Location, Location Location. This El Porto duplex lets you see and hear the Pacific Ocean during your morning breakfast and while you enjoy the evening sunset. 4 houses to The Strand and sand. The upstairs 2 bedroom/1bath unit with its own garage is light and bright. You are bathed in natural light and the sound of the ocean is a soothing reminder of what is steps away. This could be a fabulous investment opportunity whether you live in one unit and rent the other or continue with both units being tenant occupied. The one bedroom/one bath unit also enjoys a spacious living/dining area with a partially updated galley kitchen. This unit also has a spacious one car garage. So many possibilities for an owner/user or as an investment property. You will love all that North Manhattan Beach has to offer with restaurants, yoga studios, coffee shops and much more. Welcome Home!!

Last Agent to Sell the Property

Kathy Siegel

Vista Sotheby’s International Realty License #01877303 Listed on: 05/10/2022

Vista Sotheby’s International Realty

Co-Listed By

Carla Hoffman

Vista Sotheby’s International Realty License #01993942

Last Buyer's Agent

Anthony Puma

eXp Realty of California Inc License #01375596

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1,349 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • 1,332 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 13 / 3
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137009021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $939
  • Trash Expense $1,050
  • Water Sewer Expense $450
  • Operating Expense $1,500
  • Gross Income $71,880
  • Net Operating Income $69,441

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

1,349 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 450.00
  • Zoning: MNRH
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4137009021
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 1820.57
  • Room Type: Kitchen

Exterior Features

  • Other Structures: Second Garage Attached
  • View: Neighborhood, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Refrigerator
  • Electric: Electricity - On Property
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1050.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 1349.00
  • Lot Size Acres: 0.0310

Multi Family

  • Gross Income: 71880.00
  • Gross Scheduled Income: 71880.00
  • Insurance Expense: 939.00
  • Lot Size Area: 1349.0000 Square Feet
  • Net Operating Income: 69441.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2439.00
  • Rent Control: No
  • Total Expenses: 1500.00
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6202.01
  • Tax Lot: 13
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
May 26, 2022
Sold by
Harb Abed
Bought by
Ralph and Ralph Christine Tisdale
Seller's Agent
Kathy Siegel
Vista Sotheby’s International Realty
Buyer's Agent
Anthony Puma
eXp Realty of California Inc
List Price
$2,295,000
Sold Price
$2,425,000
Premium/Discount to List
$130,000
5.66%
Current Estimated Value
$2,566,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,260
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Childs James Mark and Childs James Mark
Bought by
Harb Abed

Purchase Details

Closed on
Mar 20, 1998
Sold by
Obrien Michelle
Bought by
Childs James Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 2, 1995
Sold by
Lyons Jeanne
Bought by
Childs James Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
8%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ralph $2,425,000 Usa National Title
Harb Abed -- Usa National Title Company
Harb Abed -- Usa National Title Company
Childs James Mark -- Fidelity National Title Ins
Childs James Mark $362,000 Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Childs James Mark $290,000
Previous Owner Childs James Mark $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $2,425,000 +5.7% $1,821 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $2,295,000 -- $1,723 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,177 $2,522,970 $1,976,760 $546,210
2024 $29,830 $2,473,500 $1,938,000 $535,500
2023 $29,111 $2,425,000 $1,900,000 $525,000
2022 $19,802 $1,585,535 $1,302,406 $283,129
2021 $19,540 $1,554,447 $1,276,869 $277,578
2019 $17,420 $1,508,664 $1,238,998 $269,666
2018 $17,085 $1,479,089 $1,214,704 $264,385
2016 $15,846 $1,421,349 $1,167,537 $253,812
2015 $15,517 $1,400,000 $1,150,000 $250,000
2014 $5,726 $496,008 $411,063 $84,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22096280

California Regional Multiple Listing Service (CRMLS)

APN: 4137-009-021

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