NOT LISTED FOR SALE

120 Shell St Manhattan Beach, CA 90266

Estimated Value: $1,827,000 - $2,833,000

2 Beds
3 Baths
1,550 Sq Ft
$1,461/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $1,420,000 $916 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,634/month

89 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Loft
  • Grand View Elementary School Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of November 2013

Exquisite Beach Living! Taken down to studs approximately 6 years ago this amazing Tuscan style duplex has sweeping ocean views, heated slate floors on mid level, hardwood floors on upper level, wrought iron railings, laundry in owners unit and fantastic gourmet kitchen with top of the line stainless steel appliances. Owners unit has upper loft/Master bedroom(non conforming) with huge views and fabulous bath with steam shower, vanity that was custom designed from antique furniture and beautifully textured tiles. This house is worth seeing as there are so many beautiful touches. Balconies on upper levels allow you to hear the ocean waves all day and night and enough room to relax during the day and read a book. Great rental with studio below that is beautifully done. Two car attached garage.

Last Agent to Sell the Property

Lisa Levin

Vista Sotheby’s International Realty License #01345434 Listed on: 10/01/2013

Vista Sotheby’s International Realty

Last Buyer's Agent

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,356

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 1,350 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 1,550 Sq Ft Home
  • Sliding Doors
  • Loft
  • Wood Flooring
  • Ocean Views

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137006043

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $1,315
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $563
  • Gross Income $5,850
  • Net Operating Income $63,842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,356

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4137006043
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 916.13
  • Room Type: Loft

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 1350.00
  • Lot Size Acres: 0.0310

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 5850.00
  • Gross Scheduled Income: 70200.00
  • Insurance Expense: 1315.00
  • Lot Size Area: 1350.0000 Square Feet
  • Net Operating Income: 63842.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6358.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 563.00
  • Tax Lot: 22
  • Tax Tract Number: 4103
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2017
Sold by
Bringleson Niklas
Bought by
Bringleson Niklas and Farrell Monica
Current Estimated Value
$2,264,621

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 14, 2013
Sold by
Blomgren Elena
Bought by
Farrell Monica J and Bringleson Niklas B
Seller's Agent
Lisa Levin
Vista Sotheby’s International Realty
Buyer's Agent
Marty Stone
BUCKINGHAM INVESTMENTS
List Price
$1,550,000
Sold Price
$1,420,000
Premium/Discount to List
-$130,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$500,000
Outstanding Balance
$370,842
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$1,893,779

Purchase Details

Closed on
Mar 30, 2005
Sold by
Blomgren Elena Marie
Bought by
Blomgren Elena and Elena Blomgren 2005 Revocable Trust

Purchase Details

Closed on
Sep 30, 2004
Sold by
Miller Emmett E
Bought by
Blomgren Elena Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Hearn Michael
Bought by
Miller Emmett E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
6.63%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Zaremba J George
Bought by
Hearn Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Richards Robert William
Bought by
Zaremba J George and Zaremba Ednabelle U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
8.52%
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
Bringleson Niklas -- None Available
Bringleson Niklas -- None Available
Farrell Monica J $1,420,000 None Available
Blomgren Elena -- --
Blomgren Elena Marie -- Fidelity National Title Comp
Miller Emmett E $540,000 Lawyers Title Company
Hearn Michael S $480,000 Equity Title
Zaremba J George $257,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Monica J $500,000
Previous Owner Blomgren Elena Marie $635,000
Previous Owner Miller Emmett E $351,900
Previous Owner Hearn Michael S $383,000
Previous Owner Zaremba J George $179,900
Closed Hearn Michael S $25,000
Closed Miller Emmett E $134,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $1,420,000 +31455.6% $916 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
09/01/2013 09/01/13 Rented $4,500 -99.7% --
08/30/2013 08/30/13 Under Contract -- -- --
07/01/2013 07/01/13 For Sale $1,550,000 0.0% $1,000 / Sq Ft
02/15/2013 02/15/13 For Rent $4,500 +4.7% --
04/15/2012 04/15/12 Rented $4,300 -4.4% --
03/28/2012 03/28/12 Under Contract -- -- --
01/26/2012 01/26/12 For Rent $4,500 -- --
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 $21,356 $1,740,717 $1,041,979 $698,738
2024 $21,356 $1,706,587 $1,021,549 $685,038
2023 $20,878 $1,673,125 $1,001,519 $671,606
2022 $20,544 $1,640,320 $981,882 $658,438
2021 $20,246 $1,608,158 $962,630 $645,528
2019 $17,967 $1,560,461 $934,079 $626,382
2018 $17,625 $1,529,864 $915,764 $614,100
2016 $16,359 $1,470,458 $880,204 $590,254
2015 $16,019 $1,448,371 $866,983 $581,388
2014 $15,799 $1,420,000 $850,000 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13129773

California Regional Multiple Listing Service (CRMLS)

APN: 4137-006-043