NOT LISTED FOR SALE

120 12th St Unit 2 Manhattan Beach, CA 90266

Estimated Value: $2,420,790 - $2,666,000

3 Beds
2 Baths
1,304 Sq Ft
2,688 Sq Ft Lot Lot

Sale Details

Date Sold: March 28, 2019

Last sale price $1,575,000 $1,208 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $15,111 / mo

3 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Updated Kitchen
  • Grand View Elementary School Rated A
  • Primary Bedroom Suite
  • Deck

About This Home

As of March 2019

A diamond in Manhattan Beach! This very special condo is located near the beach, pier, 40+ restaurants and shops, and the award winning Grand view School District. With unobstructed and panoramic ocean views and sand views from the deck off the large master suite. you won’t have to leave home to take in the local beach landscape and serenity. This condo has an open hardwood floor plan with double paned windows and shutters. The remodeled kitchen has granite counters, and the guest bedroom has a walk in closet. The inviting living room with a fire place opens up to view perfect for hosting guests . The unit offers 2 Essential enclosed or covered parking spaces and washer and dyer inside, a rare entity by the beach. Steps from the beach and a leisurely walk to downtown Manhattan, you'll have everything you need to feel like you're on a permanent southern California vacation!

Last Agent to Sell the Property

Tony Nafissi

Berkshire Hathaway HomeServices California Properties License #01129463 Listed on: 02/25/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Emily Piemonte

Estate Properties License #00862543

Estate Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • No Common Walls
  • No Landscaping

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Shutters
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

Outdoor Features

  • Beach Access
  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32021
  • Assessor Parcel Number 4179022036

Community Details

Overview

  • 3 Units
  • Beachside Villas Association

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

2,688 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRH
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4179022036
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1304.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Living Room Balcony, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1207.82
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Drapes, Screens, Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Association Name: Beachside Villas
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2687.00
  • Lot Size Acres: 0.0617

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2687.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 1
  • Tax Tract Number: 32021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 13, 2019
Sold by
Gerson Jerry R and Jerry R Gerson Revocable Trust
Bought by
Schulz Barbara Lee and The Barbara Lee Schulz Family
Seller's Agent
Tony Nafissi
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emily Piemonte
Estate Properties
List Price
$1,575,000
Sold Price
$1,575,000
Current Estimated Value
$2,535,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$960,263
Avg. Annual Appreciation
6.94%
Original Mortgage
$945,000
Outstanding Balance
$829,124
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,706,139

Purchase Details

Closed on
Oct 23, 2012
Sold by
Gerson Jerry R and The Jerry R Gerson Revocable T
Bought by
Gerson Jerry R and The Jerry R Gerson Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Gerson Jerry R
Bought by
Gerson Jerry R and The Jerry R Gerson Revocable T

Purchase Details

Closed on
Apr 16, 2003
Sold by
Cendant Mobility Financial Corp
Bought by
Gerson Jerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.25%

Purchase Details

Closed on
Mar 16, 2003
Sold by
Finkel Jon M
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.25%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Benglen Earl R
Bought by
Finkel Jon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.62%

Purchase Details

Closed on
Mar 9, 2001
Sold by
Finkel Debra
Bought by
Finkel Jon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.62%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Davis Ronald A and Davis Sandra
Bought by
Benglen Earl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Schulz Barbara Lee $1,575,000 Ticor Title Company Of Ca
Gerson Jerry R -- Servicelink
Gerson Jerry R -- None Available
Gerson Jerry R $725,000 Equity Title
Cendant Mobility Financial Corp -- Equity Title
Finkel Jon M $534,000 Investors Title Company
Finkel Jon M -- Investors Title Company
Benglen Earl R $420,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulz Barbara Lee $945,000
Previous Owner Gerson Jerry R $485,000
Previous Owner Gerson Jerry R $580,000
Previous Owner Finkel Jon M $304,000
Previous Owner Benglen Earl R $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $1,575,000 0.0% $1,208 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $1,575,000 -- $1,208 / 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 $19,644 $1,756,936 $1,405,551 $351,385
2024 $19,644 $1,722,488 $1,377,992 $344,496
2023 $19,152 $1,688,715 $1,350,973 $337,742
2022 $18,821 $1,655,604 $1,324,484 $331,120
2021 $18,492 $1,623,142 $1,298,514 $324,628
2019 $7,088 $941,292 $779,006 $162,286
2018 $10,781 $922,836 $763,732 $159,104
2016 $9,916 $887,003 $734,076 $152,927
2015 $9,711 $873,680 $723,050 $150,630
2014 $9,503 $856,567 $708,887 $147,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19041676

California Regional Multiple Listing Service (CRMLS)

APN: 4179-022-036

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