$2,449,162
SOLD MAY 1, 2025

132 1st Place Manhattan Beach, CA 90266

3 Beds
2 Baths
1,494 Sq Ft
1,343 Sq Ft Lot

Recently Sold

$1,639 Per Sq Ft

17% Above List Price

8 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Opal Robinson Elementary School Rated A
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of May 2025

Charming Beach Home in Manhattan Beach Sand Section A Rare Opportunity! First time on the market in over 57 years, this delightful beach home offers endless potential in one of Manhattan Beach's most desirable neighborhoods! Perfect for both owner-occupants seeking a project or developers looking to create something extraordinary, this is a rare chance to own the lowest-priced home in the coveted Sand Section. Upon entering, you're welcomed by a spacious foyer, with an indoor laundry room and a private bedroom with an ensuite bathroom on the first level. The main living area on the second floor boasts a bright, open layout with a generous living/dining space, offering stunning rooftop ocean views. The kitchen also features breathtaking ocean views, making it a joy to cook and entertain. Two additional spacious bedrooms on this level share a full bath, with convenient extra storage. With just a short stroll to the beach, this home is the ultimate opportunity to live in one of the most sought-after locations in Manhattan Beach. Dont miss the chance to create your dream beach home in this prime location!

Last Agent to Sell the Property

Laura Coffey

Real Broker Brokerage Phone: 661-857-0620 License #01410130 Listed on: 03/11/2025

Co-Listed By

Catherine Watkinson

Real Brokerage Technologies, Inc. Brokerage Phone: 661-857-0620 License #01723944

Last Buyer's Agent

Stephanie Rollofson

Real Brokerage Technologies, Inc. License #02109673

Real Brokerage Technologies, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1956

Lot Details

  • 1,343 Sq Ft Lot
  • No Landscaping
  • Rectangular Lot
  • Property is zoned MNRM

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,494 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Walk-in Shower

Additional Features

  • Patio
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Tax Tract Number 6502
  • Assessor Parcel Number 4180018021
  • $275 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,065

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: MNRM
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180018021
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1494.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1639.33
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Main Floor Full Bath, Tile Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, No Landscaping
  • Lot Size Sq Ft: 1343.00
  • Lot Size Acres: 0.0308
  • Latitude Manual: 33.87792900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1343.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 6209.04
  • Tax Lot: 11
  • Tax Tract Number: 6502
  • TaxOtherAnnualAssessmentAmount: 275.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Mar 26, 2025
Sold by
Paul M Kratz Family Trust and Richman Sally Kratz
Bought by
Sandstone Trust and Edmonstone
Seller's Agent
Laura Coffey
Real Broker
Buyer's Agent
Stephanie Rollofson
Real Brokerage Technologies, Inc.
List Price
$2,100,000
Sold Price
$2,449,162
Premium/Discount to List
$349,162
16.63%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,449,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Rent $10,000 0.0% --
05/01/2025 05/01/25 Sold $2,449,162 0.0% $1,639 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/17/2025 03/17/25 Off Market $2,449,162 -- --
03/11/2025 03/11/25 For Sale $2,100,000 -- $1,406 / 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 $2,065 $2,451,060 $2,400,060 $51,000
2024 $2,065 $164,551 $98,997 $65,554
2023 $1,992 $161,325 $97,056 $64,269
2022 $1,960 $158,162 $95,153 $63,009
2021 $1,981 $155,062 $93,288 $61,774
2019 $1,929 $150,465 $90,522 $59,943
2018 $1,872 $147,516 $88,748 $58,768
2016 $1,748 $141,789 $85,302 $56,487
2015 $1,714 $139,660 $84,021 $55,639
2014 $1,700 $136,926 $82,376 $54,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25053226

California Regional Multiple Listing Service (CRMLS)

APN: 4180-018-021