Seller's Agent in 2024
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
15 in this area
145 Total Sales
119 40th St Manhattan Beach, CA 90266
Estimated Value: $2,080,000 - $2,895,770
4
Beds
2
Baths
1,552
Sq Ft
$1,575/Sq Ft
Est. Value
Highlights
- Ocean View
- No HOA
- Laundry Room
- Grand View Elementary School Rated A
- 4 Car Attached Garage
- Central Air
About This Home
As of May 2024119 40th Street presents a rare opportunity in the Sand Section, less than a block from the beach. This duplex offers (2) 2-Bed/1-Bath units, each showcasing stunning ocean views from living rooms and balconies. The property also features a spacious (4) car garage w/ storage compartments + (2) driveway spots, plus the convenience of on-site laundry. Currently at 1.96% CAP with a 4.42% Market CAP, this property promises potential appreciation and rental upside with interior remodel. Short Term Rental Permits are also available for this property. According to Air DNA, the #1 platform for STR Data, The short- term yearly rental income is $196.5K. With its location, configuration, and upside - 119 40th St is an ideal asset for any Beach Cities investor or owner-user.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 05/10/2024
Last Buyer's Agent
Lyon Stahl Investment Real Est License #01399621 Listed on: 05/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
Lot Details
- 1,353 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,552 Sq Ft Home
- 2-Story Property
- Ocean Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
Listing and Financial Details
- Legal Lot and Block 22 / 3
- Tax Tract Number 4103
- Assessor Parcel Number 4137009036
- $2,143 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
May 23, 2024
Sold by
Bought by
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$2,150,000
Sold Price
$2,275,000
Premium/Discount to List
$125,000
5.81%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,193
Avg. Annual Appreciation
3.62%
Purchase Details
Closed on
Jan 18, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 7, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,275,000 | First American Title Company | ||
| -- | Law Office Of Julia Perkins | ||
| -- | California Title Company | ||
| -- | California Title Company | ||
| -- | None Available |
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 | $161,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $2,275,000 | 0.0% | $1,466 / Sq Ft | |
| 05/30/2024 05/30/24 | Sold | $2,275,000 | +5.8% | $1,466 / Sq Ft | View Prior Sale |
| 05/25/2024 05/25/24 | Pending | -- | -- | -- | |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- | |
| 05/10/2024 05/10/24 | For Sale | $2,150,000 | 0.0% | $1,385 / Sq Ft | |
| 05/10/2024 05/10/24 | For Sale | $2,150,000 | -- | $1,385 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 | $27,870 | $2,320,500 | $2,065,500 | $255,000 |
| 2024 | $7,347 | $461,421 | $247,793 | $213,628 |
| 2023 | $7,176 | $452,375 | $242,935 | $209,440 |
| 2022 | $7,081 | $443,506 | $238,172 | $205,334 |
| 2021 | $7,071 | $434,810 | $233,502 | $201,308 |
| 2019 | $5,290 | $421,915 | $226,577 | $195,338 |
| 2018 | $5,180 | $413,643 | $222,135 | $191,508 |
| 2016 | $4,650 | $397,582 | $213,510 | $184,072 |
| 2015 | $4,557 | $391,611 | $210,303 | $181,308 |
| 2014 | $4,507 | $383,941 | $206,184 | $177,757 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
-
Johnnie Stiegler
Seller Co-Listing Agent in 2024
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
6 in this area
97 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24094744
APN: 4137-009-036
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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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