NOT LISTED FOR SALE

1320 12th St Unit 2 Manhattan Beach, CA 90266

Estimated Value: $1,152,000 - $1,372,000

2 Beds
2 Baths
1,257 Sq Ft
$978/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $889,000 $707 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,958/month

121 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Quartz Countertops
  • Meadows Avenue Elementary School Rated A
  • Traditional Architecture
  • Neighborhood Views

About This Home

As of February 2021

This home is a rare gem.  Its location offers the highly sought after Manhattan Beach lifestyle, its interior has been completely renovated from top to bottom AND it is priced under $1Mil.  This is a combination you don't find often.  The multi level, spacious unit opens up to a large, versatile living space with lots of light, a new stone fireplace and a balcony. The modern kitchen has beautiful grey cabinetry, ocean blue subway tiles, stainless steel appliances and quartz countertops, all fully open to the living space making it great for entertaining.  The second level includes 2 large bedrooms each with vaulted, exposed beam ceilings and private balconies making them feel light, bright and very spacious.  The master bedroom includes a fully renovated en-suite bathroom with a modern touch to the clean lines of the tiled shower and unique barn door styled glass shower doors.  The upstairs laundry is conveniently located between the two bedrooms and leads to the guest bath which was also fully renovated and includes an over sized shower and modern vanity that matches the master bath.  These are just a few upgrades that make this a special home located just 1 mile from the Manhattan Beach pier and within the award winning Manhattan Beach school district.  This home is perfect for those looking to live the Southern California beach life at its best!

Last Agent to Sell the Property

Jesse Dougherty

Compass License #01949609 Listed on: 09/08/2020

Compass

Last Buyer's Agent

Jesse Dougherty

Compass License #01949609 Listed on: 09/08/2020

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,941

Year Built

  • Built in 1974

Lot Details

  • 7,019 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,257 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room Balcony
  • Combination Dining and Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Schools

  • Mira Costa High School

Additional Features

  • Covered patio or porch
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31976
  • Assessor Parcel Number 4166010028

Community Details

Overview

  • Master Insurance
  • 6 Units
  • 1320 12Th St Home Owners Association

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,941

Year Built

Built in 1974

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRH
  • Architectural Style: Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4166010028
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1257.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 707.24
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Private, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Trash, Sewer, Water
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: 1320 12th St Home Owners Association
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Manhattan Unified
  • High School: Mira Costa
  • High School: Mira Costa
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7019.00
  • Lot Size Acres: 0.1611

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7019.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6204.00
  • Tax Lot: 1
  • Tax Tract Number: 31976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Jan 19, 2021
Sold by
Chen Yan and Shen Libo
Bought by
Zhai Shiqian
Seller's Agent
Jesse Dougherty
Compass
Buyer's Agent
Jesse Dougherty
Compass
List Price
$950,000
Sold Price
$889,000
Premium/Discount to List
-$61,000
-6.42%
Current Estimated Value
$1,229,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,242
Avg. Annual Appreciation
7.66%
Original Mortgage
$789,000
Outstanding Balance
$712,558
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$516,684

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 3, 2020
Sold by
Ahrens Corrine F and Ahrens Robert L
Bought by
Chen Yan and Shen Libo
Seller's Agent
Alex Montelongo
Home Smart Realty Group
Buyer's Agent
Jesse Dougherty
Compass
List Price
$799,999
Sold Price
$770,000
Premium/Discount to List
-$29,999
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 2, 2020
Sold by
Ahrens Corrine F and Ahrens Robert L
Bought by
Chen Yan and Shen Libo
Seller's Agent
Alex Montelongo
Home Smart Realty Group
Buyer's Agent
Jesse Dougherty
Compass
List Price
$799,999
Sold Price
$770,000
Premium/Discount to List
-$29,999
-3.75%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 1, 2020
Sold by
Shang Yike
Bought by
Shen Libo
Seller's Agent
Alex Montelongo
Home Smart Realty Group
Buyer's Agent
Jesse Dougherty
Compass
List Price
$799,999
Sold Price
$770,000
Premium/Discount to List
-$29,999
-3.75%
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 Buyer Sale Price Title Company
Zhai Shiqian $889,000 First American Title Company
Chen Yan $770,000 Ticor
Chen Yan $770,000 Ticor
Shen Libo -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhai Shiqian $789,000
Previous Owner Ahrens Robert L $270,000
Previous Owner Ahrens Robert L $191,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $889,000 -1.1% $707 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
10/29/2020 10/29/20 Price Changed $899,000 -2.8% $715 / Sq Ft
10/15/2020 10/15/20 Price Changed $925,000 -2.6% $736 / Sq Ft
09/08/2020 09/08/20 For Sale $950,000 +23.4% $756 / Sq Ft
04/03/2020 04/03/20 Sold $770,000 -3.7% $613 / Sq Ft
02/25/2020 02/25/20 For Sale $799,999 -- $636 / 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
2024 $10,941 $943,412 $717,694 $225,718
2023 $10,657 $924,915 $703,622 $221,293
2022 $10,475 $906,780 $689,826 $216,954
2021 $9,154 $777,976 $574,995 $202,981
2020 $4,000 $315,436 $107,783 $207,653
2019 $3,935 $309,252 $105,670 $203,582
2018 $3,852 $303,190 $103,599 $199,591
2016 $3,402 $291,419 $99,577 $191,842
2015 $3,334 $287,043 $98,082 $188,961
2014 $3,297 $281,421 $96,161 $185,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20186384

California Regional Multiple Listing Service (CRMLS)

APN: 4166-010-028