NOT LISTED FOR SALE

120 42nd St Unit 1 Manhattan Beach, CA 90266

Estimated Value: $2,299,000 - $2,941,000

3 Beds
2 Baths
1,200 Sq Ft
$2,224/Sq Ft Est. Value

Highlights

  • Ocean View
  • Property has ocean access
  • Traditional Architecture
  • Grand View Elementary School Rated A
  • Updated Kitchen
  • Granite Countertops

About This Home

As of August 2020

Enjoy waking up to the sound of the ocean. Take a morning stroll along the Strand with a warm cup of coffee or hit the waves at the well known surf spot El Porto. Enjoy living barefoot close to the beach in this newly remodeled top floor 3 bedroom, 2 bath. Just three homes from the beach. Close to LAX and freeways. Comes with 2 car garage plus driveway, storage, laundry on site and an ocean view.

Last Agent to Rent the Property

Rob McGarry

Vista Sotheby’s International Realty License #01356525 Listed on: 06/22/2020

Last Renter's Agent

Rob McGarry

Vista Sotheby’s International Realty License #01356525 Listed on: 06/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,244

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 1,355 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Outdoor Features

  • Property has ocean access
  • Beach Access

Schools

  • Grand View Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Wall Furnace

Listing and Financial Details

  • Security Deposit $7,500
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/23/20
  • Legal Lot and Block 12 / 4
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137008022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,244

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-06-23
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 4137008022
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.75
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Granite Counters, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • View: Ocean
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Manhattan Unified
  • Elementary School: Grand View
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Grand View
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: GRAVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1355.00
  • Lot Size Acres: 0.0311

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1355.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Sewer, Trash Collection, Water
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6202.01
  • Tax Lot: 12
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Milam Charles D
Bought by
Larry & Wandy Q Jung Family Trust
Current Estimated Value
$2,668,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Outstanding Balance
$732,678
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,935,935

Purchase Details

Closed on
Oct 28, 1996
Sold by
Milam Charles D
Bought by
Milam Charles D and Milam Marilyn S
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
Larry & Wandy Q Jung Family Trust $1,725,000 Usa National Title Company
Milam Charles D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larry & Wandy Q Jung Family Trust $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2020 08/02/20 Rented $4,500 0.0% --
07/29/2020 07/29/20 Price Changed $4,500 -6.2% $4 / Sq Ft
07/13/2020 07/13/20 Price Changed $4,795 -3.1% $4 / Sq Ft
06/22/2020 06/22/20 For Rent $4,950 -- --
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 $24,244 $2,042,043 $1,231,146 $810,897
2024 $24,244 $2,002,004 $1,207,006 $794,998
2023 $23,669 $1,962,750 $1,183,340 $779,410
2022 $23,279 $1,924,266 $1,160,138 $764,128
2021 $22,914 $1,886,537 $1,137,391 $749,146
2019 $21,162 $1,830,803 $1,103,656 $727,147
2018 $20,758 $1,794,910 $1,082,016 $712,894
2016 $2,122 $154,875 $102,085 $52,790
2015 $2,083 $152,550 $100,552 $51,998
2014 $2,078 $149,563 $98,583 $50,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20120894

California Regional Multiple Listing Service (CRMLS)

APN: 4137-008-022