NOT LISTED FOR SALE

Estimated Value: $2,140,000 - $5,688,000

6 Beds
9 Baths
3,720 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $4,300,000 $1,156 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $27,451/month

102 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Open Floorplan
  • Grand View Elementary School Rated A
  • All Bedrooms Downstairs
  • Contemporary Architecture

About This Home

As of June 2021

Located literal steps from the beach and one of the Globes best 365 day a year surf spots, 129 38th St is a must see! Great ocean views from every unit of this stunning Manhattan beach Sand Section triplex. Perfect for a corporate rental or for those who love to be walking distance from the beach, dining and boutiques. Gorgeous hardwood floors span 6 bedrooms, 3 full baths and 3 1/2 baths. Enjoy 3 units which include 2 bedrooms and 2.5 baths each, balconies, ceiling fans and quartz counters. Up on the upper levels, relax in spacious open floor plans that are brilliant with natural light and include indoor/outdoor living spaces. Every inch of this triplex is designed impeccably. Each unit also features 2 garage spaces. Unit A features a private 2 car garage, Unit B and C share a garage with 2 tandem parking spots per unit. Unit A was recently renovated with fine finishes and ocean views. Unit A can be a 3 bedroom owners unit and still leave you with two, two bedroom townhouses.

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 02/05/2021

eXp Realty of California, Inc

Last Buyer's Agent

Janet Stearns

Compass License #01851243

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 2,701 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Attached Garage
  • Parking Available

Home Design

  • Triplex
  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 3,720 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • All Bedrooms Down
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Additional Features

  • Living Room Balcony
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 12 / 2
  • Tax Tract Number 3701
  • Assessor Parcel Number 4137011144

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: Yes
  • Zoning: MNRH
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 4137011144
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3720.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Area, Dining Room, In Kitchen, In Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1155.91
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room
  • Bathroom Features: Shower, Shower In Tub, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • 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
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 2701.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2701.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 6202.01
  • Tax Lot: 12
  • Tax Tract Number: 3701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 19, 2018
Sold by
Tatsumi Kazushi and Tatsumi Sachiko
Bought by
Bigler David H and Bigler Catherine V
Seller's Agent
Norio Kanai
Cosmo Investment
Buyer's Agent
Norio Kanai
Cosmo Investment
List Price
$31,950,000
Sold Price
$3,087,500
Premium/Discount to List
-$28,862,500
-90.34%
Current Estimated Value
$4,453,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,366,148
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,687,500
Outstanding Balance
$1,480,898
Interest Rate
4.8%
Mortgage Type
Seller Take Back
Estimated Equity
$2,972,750

Purchase Details

Closed on
Nov 26, 2014
Sold by
Tatsumi Kazushi
Bought by
Tatsumi Family Trust

Purchase Details

Closed on
May 29, 2013
Sold by
Tatsumi Sachiko
Bought by
Tatsumi Kazushi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Fmbc Llc
Bought by
Talsumi Kazushi

Purchase Details

Closed on
May 10, 2011
Sold by
Tatsumi Kazushi
Bought by
Fmbc Llc

Purchase Details

Closed on
Jun 22, 2010
Sold by
Fmbc Llc
Bought by
Tatsumi Kazushi

Purchase Details

Closed on
Oct 26, 2009
Sold by
Tatsumi Kazushi
Bought by
Fmbc Llc

Purchase Details

Closed on
Aug 12, 2009
Sold by
Tatsumi Sachiko
Bought by
Tatsumi Kazushi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2009
Sold by
Miller Emmett Emmanuel
Bought by
Tatsumi Kazushi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
The Gene M Elliott Family Lp
Bought by
Miller Emmett Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Bigler David H $3,087,500 Progressive Tine Company
Tatsumi Family Trust -- None Available
Tatsumi Kazushi -- Fatcola
Talsumi Kazushi -- None Available
Fmbc Llc -- None Available
Tatsumi Kazushi -- None Available
Fmbc Llc -- None Available
Tatsumi Kazushi -- Lawyers Title
Tatsumi Kazushi $1,940,000 Lawyers Title
Miller Emmett Emmanuel $1,995,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigler David H $1,687,500
Previous Owner Tatsumi Kazushi $1,009,000
Previous Owner Tatsumi Kazushi $592,000
Previous Owner Miller Emmett Emmanuel $1,296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $4,300,000 -3.9% $1,156 / Sq Ft
02/05/2021 02/05/21 For Sale $4,475,000 +44.9% $1,203 / Sq Ft
11/29/2018 11/29/18 Sold $3,087,500 -6.3% $830 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Price Changed $3,295,000 +3.1% $886 / Sq Ft
10/09/2018 10/09/18 Price Changed $3,195,000 -90.0% $859 / Sq Ft
10/09/2018 10/09/18 For Sale $31,950,000 -- $8,589 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $51,886 $4,654,456 $3,507,079 $1,147,377
2024 $51,886 $4,563,193 $3,438,313 $1,124,880
2023 $50,565 $4,473,720 $3,370,896 $1,102,824
2022 $49,686 $4,386,000 $3,304,800 $1,081,200
2021 $36,347 $3,181,876 $2,576,418 $605,458
2020 $38,107 $3,149,250 $2,550,000 $599,250
2019 $35,369 $3,087,500 $2,500,000 $587,500
2018 $25,441 $2,200,851 $1,361,352 $839,499
2016 $23,680 $2,115,391 $1,308,490 $806,901
2015 $23,191 $2,083,617 $1,288,836 $794,781
2014 $27,619 $2,476,941 $1,640,843 $836,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21024072

California Regional Multiple Listing Service (CRMLS)

APN: 4137-011-144