NOT LISTED FOR SALE

Estimated Value: $4,048,000 - $4,842,000

5 Beds
5 Baths
4,591 Sq Ft
$953/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $1,660,000 $362 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $25,475/month

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Fireplace in Bathroom
  • Aurelia Pennekamp Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of May 2023

With 5 bedrooms, nearly 4600 SF of living space and a knockout East Manhattan Beach location within walking distance of Pennekamp Elementary and Mira Costa High schools, 1231 3rd Street seems – at first glance – to have it all. But this spacious, light-filled home has some truly jaw-dropping surprises up its sleeves. All the luxuries you expect (stunning owner’s suite, living room with 30’ ceiling, massive island-equipped kitchen, central AC, security system, 3-car garage) are present, but descending to 1231 3rd Street’s lower level reveals the first surprise: a mansion-quality in-home theater with tiered seating, 9.1 sound, and a full bar with wine storage just outside the entrance. The second surprise is outside; more specifically, in your back yard oasis. This coastal-themed area includes a sparkling pool & spa with water feature, full outdoor kitchen with BBQ & bar seating, multiple lounging/dining areas, a trellis-topped hammock and a mini-golf course. Clearly, 1231 3rd Street is a home that must be seen to be believed. Make your move before all this luxury, all this space and all these surprises become someone else’s Manhattan Beach dream come true. Home can be provided furnished or unfurnished.

Last Agent to Rent the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 03/06/2023

eXp Realty of California, Inc

Co-Listed By

Christina Kaminsky-Phillips

eXp Realty of California, Inc License #01828048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,376

Year Built

  • Built in 1993

Lot Details

  • 5,999 Sq Ft Lot
  • Vinyl Fence
  • Landscaped
  • Back Yard
  • Property is zoned MNRS

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Driveway

Home Design

  • Spanish Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,591 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furniture Can Be Negotiated
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 5 Full Bathrooms
  • Fireplace in Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Two cooling system units
  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes cable TV, gardener, pool, sewer, trash collection
  • 12-Month Minimum Lease Term
  • Available 3/6/23
  • Legal Lot and Block 19 / 29
  • Tax Tract Number 142
  • Assessor Parcel Number 4167021051

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,376

Year Built

Built in 1993

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2023-03-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 30000
  • Furnished: Negotiable
  • Pets Allowed: Yes

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Text please
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: MNRS
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 4167021051
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4591.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Furnished, Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Dining Room, In Kitchen, Separated
  • Fireplace Features: Bath, Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.83
  • Room Type: Bonus Room, Entry, Family Room, Home Theatre, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Drapes, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Concrete, Patio, Front Porch, Tile
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Barrel
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 5999.00
  • Lot Size Acres: 0.1377

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5999.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Cable TV, Gardener, Pool, Sewer, Trash Collection

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 6208.02
  • Tax Lot: 19
  • Tax Tract Number: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Feb 16, 2012
Sold by
Levee Jeffrey A and Levee Gail L
Bought by
Nguyen Minh Duy and Le Joanne Tu
Seller's Agent
Cindy Shearin
Strand Hill Properties
Buyer's Agent
Cindy Shearin
Strand Hill Properties
List Price
$1,699,000
Sold Price
$1,660,000
Premium/Discount to List
-$39,000
-2.3%
Current Estimated Value
$4,373,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,713,024
Avg. Annual Appreciation
7.41%
Original Mortgage
$1,162,000
Outstanding Balance
$795,326
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$3,577,698

Purchase Details

Closed on
Sep 1, 1993
Sold by
California Third Street Partners
Bought by
Levee Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,800
Interest Rate
7.28%
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
Nguyen Minh Duy $1,660,000 Provident Title Company
Levee Jeffrey A $738,500 World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Minh Duy $1,162,000
Previous Owner Levee Jeffrey A $590,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Rented $13,000 0.0% --
05/24/2023 05/24/23 Under Contract -- -- --
05/09/2023 05/09/23 Price Changed $13,000 -7.1% $3 / Sq Ft
03/30/2023 03/30/23 Price Changed $14,000 -6.7% $3 / Sq Ft
03/06/2023 03/06/23 For Rent $15,000 0.0% --
03/23/2012 03/23/12 Sold $1,660,000 -2.3% $430 / Sq Ft View Prior Sale
03/16/2012 03/16/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $1,699,000 0.0% $440 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $1,699,000 -- $440 / 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 $26,376 $2,324,239 $1,130,194 $1,194,045
2024 $26,376 $2,278,667 $1,108,034 $1,170,633
2023 $25,560 $2,233,988 $1,086,308 $1,147,680
2022 $25,118 $2,190,185 $1,065,008 $1,125,177
2021 $24,664 $2,147,241 $1,044,126 $1,103,115
2019 $24,002 $2,083,554 $1,013,157 $1,070,397
2018 $23,495 $2,042,701 $993,292 $1,049,409
2016 $19,590 $1,761,323 $954,722 $806,601
2015 $19,184 $1,734,868 $940,382 $794,486
2014 $18,915 $1,700,886 $921,962 $778,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23037174

California Regional Multiple Listing Service (CRMLS)

APN: 4167-021-051