NOT LISTED FOR SALE

116 Seaview St Manhattan Beach, CA 90266

Estimated Value: $2,366,000 - $2,779,000

3 Beds
2 Baths
1,320 Sq Ft
$1,935/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $2,075,000 $1,572 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,766/month

141 Days on Market

Highlights

  • Laundry Room
  • Grand View Elementary School Rated A
  • Stacked Washer and Dryer

About This Home

As of March 2020

Spectacular Location one house from the Strand! Both units have been recently remodeled upper unit offers panoramic ocean views. Perfect opportunity to own this mint condition 2 bedrooms + 1 bath upper unit and lower 1 bedroom + 1 bath unit. Upper unit has a newer kitchen with high-quality appliances & finishes, hardwood floors, newer remodeled bathroom, European air conditioning, solar shades, an ocean view master bedroom and an open high ceiling living room with newer windows overlooking the water. All newer lighting and built-in speakers. Huge oversized 2 car garage with extra storage workshop area and high ceilings for the bikes and beach equipment, 220 amp electrical system in the garage to charge your vehicle. The lower unit is a one-bedroom unit that has been completely renovated in 2015 and has a stackable washer-dryer in the unit hardwood floors, quartz counters, new bathroom and is in excellent condition. The roof was replaced in 2015 as well.

Last Agent to Sell the Property

Emily Piemonte

Estate Properties License #00862543 Listed on: 10/08/2019

Estate Properties

Last Buyer's Agent

Marie Morgenstern

Berkshire Hathaway HomeService License #01962710

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,189

Year Built

  • Built in 1959

Lot Details

  • 1,357 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Parking

  • 2 Car Garage

Home Design

  • 1,320 Sq Ft Home
  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Stacked Washer and Dryer

Utilities

  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • Legal Lot and Block 22 / 5
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137007036

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,189

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: MNRH
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4137007036
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 1571.97

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Laundry Features: In Garage, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1357.00
  • Lot Size Acres: 0.0312

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Lot Size Area: 1357.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 7000.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6202.01
  • Tax Lot: 22
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Mar 2, 2020
Sold by
Schulz Barbara Lee and Barbara Lee Schulz Family Trus
Bought by
Brien Benedict B O and Brien H Margarete H
Seller's Agent
Emily Piemonte
Estate Properties
Buyer's Agent
Marie Morgenstern
Berkshire Hathaway HomeService
List Price
$2,150,000
Sold Price
$2,075,000
Premium/Discount to List
-$75,000
-3.49%
Current Estimated Value
$2,553,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,900
Avg. Annual Appreciation
3.80%

Purchase Details

Listed on
Dec 3, 2015
Closed on
Nov 23, 2015
Sold by
Schulz Barbara L
Bought by
Schulz Barbara Lee and Barbara Lee Schulz Family Trust
Seller's Agent
Emily Piemonte
Estate Properties
Buyer's Agent
Emily Piemonte
Estate Properties
Sold Price
$4,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$800,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2015
Closed on
Oct 27, 2015
Sold by
Farmer Richard E
Bought by
Schulz Barbara L
Seller's Agent
Emily Piemonte
Estate Properties
Buyer's Agent
Emily Piemonte
Estate Properties
Sold Price
$4,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2002
Sold by
Brigante Bradley J
Bought by
Farmer Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Brigante Maureen
Bought by
Brigante Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,400
Interest Rate
3.95%

Purchase Details

Closed on
Sep 16, 1998
Sold by
Beck Richard
Bought by
Brigante Bradley J and Brigante Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,400
Interest Rate
3.95%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Kadoya Grace
Bought by
Beck Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.13%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Easton Sue
Bought by
Kadoya Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
8.3%
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
Brien Benedict B O $2,075,000 First American Title
Schulz Barbara Lee -- Ticor Title Co
Schulz Barbara L $1,799,000 Ticor Title Company
Farmer Richard E $709,000 Lawyers Title
Brigante Richard -- Provident Title Company
Brigante Bradley J $558,000 Provident Title Company
Beck Richard $505,000 --
Kadoya Grace $306,500 Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulz Barbara L $800,000
Previous Owner Farmer Richard E $500,000
Previous Owner Brigante Bradley J $446,400
Previous Owner Beck Richard $400,000
Previous Owner Kadoya Grace $230,250
Closed Farmer Richard E $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2020 03/23/20 Sold $2,075,000 -3.5% $1,572 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $2,150,000 0.0% $1,629 / Sq Ft
12/04/2015 12/04/15 Rented $4,000 -5.9% --
12/04/2015 12/04/15 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $4,250 0.0% --
12/01/2015 12/01/15 Sold $1,799,000 0.0% $1,363 / Sq Ft View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $1,799,000 -- $1,363 / 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 $27,189 $2,269,311 $2,132,608 $136,703
2024 $27,189 $2,224,816 $2,090,793 $134,023
2023 $26,570 $2,181,194 $2,049,798 $131,396
2022 $26,136 $2,138,426 $2,009,606 $128,820
2021 $25,724 $2,096,497 $1,970,202 $126,295
2020 $24,071 $1,947,553 $1,169,026 $778,527
2019 $21,894 $1,909,371 $1,146,104 $763,267
2018 $21,479 $1,871,939 $1,123,632 $748,307
2016 $19,976 $1,799,000 $1,080,000 $719,000
2015 $9,506 $854,397 $794,150 $60,247
2014 $9,382 $837,661 $778,594 $59,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19239290

California Regional Multiple Listing Service (CRMLS)

APN: 4137-007-036