NOT LISTED FOR SALE

126 Seaview St Manhattan Beach, CA 90266

Estimated Value: $2,082,694 - $2,430,000

2 Beds
2 Baths
960 Sq Ft
$2,387/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $960,000 $1,000 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $13,500/month

14 Days on Market

Highlights

  • White Water Ocean Views
  • Traditional Architecture
  • Up Slope from Street
  • Grand View Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2013

This is the chance you have been waiting for, the timing is now!! to own this AAA investment property...OR your getaway beach house with income ... The top floor unit is a 1bed, 1 bath and features awesome ocean, sand and surf views, high vaulted,beamed ceilings and old style fireplace...The bottom floor is also a 1bed, 1bath...each unit shares a 2 car garage with washer and dryer... just steps to the beach, dining, shops and bike path and very close to the LAX or downtown... This super clean duplex has been well cared for from the present owner since 1986. Better hurry, you know this one wont last!!! Please do not disturb the tenants.

Last Agent to Sell the Property

Gary Elminoufi

Beach City Brokers License #01139207 Listed on: 03/14/2013

Beach City Brokers

Last Buyer's Agent

John Carnes

Keller Williams Palos Verdes License #01914342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,059

Year Built

  • Built in 1955

Lot Details

  • 1,350 Sq Ft Lot
  • No Common Walls
  • Northwest Facing Home
  • No Sprinklers
  • Value in Land

Parking

  • 2 Car Garage
  • Parking Available
  • Up Slope from Street

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • White Water Ocean Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137007039

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $11,200
  • Gross Income $3,600
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,059

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 4137007039
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1000.00

Exterior Features

  • Direction Faces: Northwest
  • View: Water, White Water
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Storm Drains

Lot Info

  • Lot Features: Value In Land, Sprinklers None, Up Slope from Street
  • Lot Size Sq Ft: 1350.00
  • Lot Size Acres: 0.0310

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 1350.0000 Square Feet
  • Net Operating Income: 31000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 12200.00
  • Rent Control: No
  • Total Actual Rent: 3600.00

Tax Info

  • New Taxes Expense: 11200.00
  • Tax Lot: 24
  • Tax Tract Number: 4103
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
Feb 26, 2013
Sold by
Age Roberta M and The Age Family Trust
Bought by
Pain Relief Heath Center Llc
Seller's Agent
Gary Elminoufi
Beach City Brokers
Buyer's Agent
John Carnes
Keller Williams Palos Verdes
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%
Current Estimated Value
$2,291,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,674
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Age Roberta M
Bought by
Age Roberta M and The Age Family Trust

Purchase Details

Closed on
Jul 1, 2002
Sold by
Barone Robert and Barone Frances
Bought by
The Age Family Trust
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
Pain Relief Heath Center Llc $960,000 Chicago Title Company
Age Roberta M -- None Available
The Age Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Age Roberta M $132,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $960,000 +6.8% $1,000 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $899,000 -- $936 / 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 $16,059 $1,252,832 $1,034,393 $218,439
2024 $16,059 $1,228,267 $1,014,111 $214,156
2023 $15,700 $1,204,184 $994,227 $209,957
2022 $15,457 $1,180,574 $974,733 $205,841
2021 $15,257 $1,157,426 $955,621 $201,805
2019 $13,116 $1,123,098 $927,278 $195,820
2018 $12,856 $1,101,078 $909,097 $191,981
2016 $11,870 $1,058,324 $873,797 $184,527
2015 $10,970 $983,624 $860,672 $122,952
2014 $10,824 $964,357 $843,813 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13023938

California Regional Multiple Listing Service (CRMLS)

APN: 4137-007-039