NOT LISTED FOR SALE

127 Seaview St Manhattan Beach, CA 90266

Estimated Value: $2,553,000 - $2,947,424

3 Beds
3 Baths
1,548 Sq Ft
$1,749/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $2,250,000 $1,453 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $17,131/month

20 Days on Market

Highlights

  • 3 Car Garage
  • Grand View Elementary School Rated A
  • Bike Trail

About This Home

As of April 2022

127 Seaview Street is a well-positioned ocean view duplex in the sand section of North Manhattan Beach. Built in 1970, the 1,548 SF building sits on a 1,349 SF lot, and features (1) 2-bed/2-bath upstairs unit, (1) 1-bed/1-bath downstairs unit, and (1) 3-car garage. Located only four (4) parcels from The Strand, the duplex is a short distance to the beach as well as restaurants and retail of North Manhattan Beach.
Given the ideal sand-section location and consistent income, this is a great opportunity for any Beach Cities investor to own a stabilized asset with long term appreciation potential. *Offers Due Monday 3/21/22*

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 03/04/2022

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Suzanne Dyer

Strand Hill Properties License #01054310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,502

Year Built

  • Built in 1970

Lot Details

  • 1,349 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 1,548 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 11 / 5
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137007022
  • $2,366 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $774
  • Maintenance Expense $2,528
  • Other Expense $2,000
  • New Taxes Expense $26,318
  • Operating Expense $31,620
  • Gross Income $81,724
  • Net Operating Income $50,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,502

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 1074500
  • Property Attached: No
  • Zoning: MNRH
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4137007022
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 1453.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: None, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1349.00
  • Lot Size Acres: 0.0310

Multi Family

  • Gross Income: 81724.00
  • Gross Operating Income: 81724.00
  • Gross Scheduled Income: 84252.00
  • Insurance Expense: 774.00
  • Lot Size Area: 1349.0000 Square Feet
  • Maintenance Expense: 2528.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 50105.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 31620.00
  • Other Expense: 2000.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 31620.00
  • Vacancy Allowance: 2528

Tax Info

  • New Taxes Expense: 26318.00
  • Tax Block: 5
  • Tax Census Tract: 6202.01
  • Tax Lot: 11
  • Tax Tract Number: 4103
  • TaxOtherAnnualAssessmentAmount: 2366.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 24, 2022
Sold by
West Bluff Realty And Investment Llc
Bought by
Mchugh Jeffrey
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Suzanne Dyer
Strand Hill Properties
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,708,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,106
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jun 19, 2021
Sold by
Adamson Scott E
Bought by
West Bluff Realty And Investment Llc

Purchase Details

Closed on
Jun 14, 2021
Sold by
Adamson Scott E
Bought by
West Bluff Realty And Investment Llc

Purchase Details

Closed on
Sep 25, 1997
Sold by
Ulrich Vance O
Bought by
Adamson Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mchugh Jeffrey $2,250,000 Usa National Title
West Bluff Realty And Investment Llc -- Chicago Title
West Bluff Realty And Investment Llc -- Chicago Title
Adamson Scott E $438,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adamson Scott E $1,400,000
Previous Owner Adamson Scott E $1,400,000
Previous Owner Adamson Scott E $250,000
Previous Owner Adamson Scott E $845,000
Previous Owner Adamson Scott B $840,000
Previous Owner Adamson Scott E $500,000
Previous Owner Adamson Scott E $500,000
Previous Owner Adamson Scott E $481,000
Previous Owner Adamson Scott E $17,000
Previous Owner Adamson Scott E $70,000
Previous Owner Adamson Scott E $443,000
Previous Owner Adamson Scott E $328,500
Closed Adamson Scott E $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $2,250,000 +4.7% $1,453 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $2,149,000 -4.5% $1,388 / Sq Ft
03/04/2022 03/04/22 For Sale $2,250,000 -- $1,453 / 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 $28,502 $2,387,717 $1,963,234 $424,483
2024 $28,502 $2,340,900 $1,924,740 $416,160
2023 $27,848 $2,295,000 $1,887,000 $408,000
2022 $25,050 $2,040,000 $1,836,000 $204,000
2021 $9,568 $646,100 $500,071 $146,029
2020 $9,490 $639,476 $494,944 $144,532
2019 $7,582 $626,939 $485,240 $141,699
2018 $7,428 $614,647 $475,726 $138,921
2016 $6,764 $590,782 $457,254 $133,528
2015 $6,626 $581,909 $450,386 $131,523
2014 $6,545 $570,511 $441,564 $128,947
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22036510

California Regional Multiple Listing Service (CRMLS)

APN: 4137-007-022