$2,019,000 - $2,976,000
RENTED NOV 3, 2024

1331 Manhattan Ave Unit B Hermosa Beach, CA 90254

2 Beds
1 Bath
950 Sq Ft
$2,629 Price per Sq Ft

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • Living Room
  • 3-minute walk to Noble Park

About This Home

As of November 2024

Immaculate Live/Work Apartment in Downtown Hermosa Beach. Walk to the beach! This triplex building was totally rebuilt in 2016. This
contemporary unit features 2 bedrooms, 1 bath, french oak floors, LED recessed lighting, Ceasarstone counters, Cleaf Metro cabinets, stainless
steel appliances, Kohler fixtures, porcelain and glass tiles throughout. This unit also features York HVAC, Noritz tankless water heater, Milgard
windows, pre-wired with CAT-6 and is cable/satellite ready, laundry inside unit.

Last Agent to Rent the Property

Dean Thomas

E Real Estate Corp. Brokerage Phone: 310-874-1010 License #00711417 Listed on: 09/23/2024

Co-Listed By

Erick Claudio

Keller Williams South Bay Brokerage Phone: 310-874-1010 License #02000236

Last Renter's Agent

Dean Thomas

E Real Estate Corp. Brokerage Phone: 310-874-1010 License #00711417 Listed on: 09/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,415

Year Built

  • Built in 1926

Lot Details

  • 3,009 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Security Deposit $4,400
  • Rent includes sewer, trash collection, water
  • Available 7/1/24
  • Tax Lot 15
  • Tax Tract Number 1125
  • Assessor Parcel Number 4183013080

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,415

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-07-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 4400
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBC2YY
  • Property Sub Type: Triplex
  • Property Type: Residential Lease
  • Parcel Number: 4183013080
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00 Square Feet
  • Stories: 3
  • Entry Location: Street
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.11
  • Room Type: Jack & Jill, Living Room

Exterior Features

  • View: Neighborhood, Ocean
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3009.00
  • Lot Size Acres: 0.0691

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 3009.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 6210
  • Tax Lot: 15
  • Tax Tract Number: 1125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 12, 2022
Sold by
Bailey Joe L and Bailey Diana
Bought by
Manhattan Suites Llc
Seller's Agent
Dean Thomas
E Real Estate Corp.
Buyer's Agent
Michael Fiscina
Realty Group International
Sold Price
$3,950
Current Estimated Value
$2,497,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,493,550
Original Mortgage
$1,710,000
Outstanding Balance
$1,575,978
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$921,522

Purchase Details

Closed on
Oct 24, 2017
Sold by
Baile
Bought by
Manha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.88%

Purchase Details

Closed on
Dec 15, 1995
Sold by
State Street Bank & Trust Company
Bought by
Bailey Joe L and Bailey Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Lapoint James P and Columbia S & L Assn
Bought by
State Street Bank & Trust Company and Ryland Mtg Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Manhattan Suites Llc -- Fidelity National Title
Bailey Jae L -- Fidelity National Title
Manha -- --
Bailey Joe L $350,000 First American Title Ins Co
State Street Bank & Trust Company $405,359 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Jae L $1,710,000
Previous Owner Manha --
Previous Owner Bailey Joe L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2024 11/03/24 Rented $3,900 -1.9% --
10/18/2024 10/18/24 Price Changed $3,975 -7.6% $4 / Sq Ft
09/23/2024 09/23/24 For Rent $4,300 +7.5% --
07/05/2024 07/05/24 Rented $4,000 -8.0% --
06/15/2024 06/15/24 For Rent $4,350 +10.1% --
12/17/2021 12/17/21 Rented $3,950 0.0% --
12/14/2021 12/14/21 Under Contract -- -- --
11/04/2021 11/04/21 For Rent $3,950 +3.9% --
08/05/2020 08/05/20 Rented $3,800 -3.8% --
08/05/2020 08/05/20 Under Contract -- -- --
07/15/2020 07/15/20 For Rent $3,950 +3.9% --
08/13/2018 08/13/18 Rented $3,800 -3.8% --
07/27/2018 07/27/18 For Rent $3,950 +3.9% --
03/15/2017 03/15/17 Rented $3,800 0.0% --
03/02/2017 03/02/17 For Rent $3,800 -2.6% --
08/16/2016 08/16/16 Rented $3,900 0.0% --
07/27/2016 07/27/16 Price Changed $3,900 -7.1% $4 / Sq Ft
07/19/2016 07/19/16 Price Changed $4,200 -14.3% $5 / Sq Ft
06/20/2016 06/20/16 For Rent $4,900 -- --
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 $9,415 $826,467 $481,762 $344,705
2024 $9,415 $810,263 $472,316 $337,947
2023 $9,232 $794,376 $463,055 $331,321
2022 $9,068 $778,801 $453,976 $324,825
2021 $9,001 $763,531 $445,075 $318,456
2019 $8,774 $740,886 $431,875 $309,011
2018 $8,457 $726,359 $423,407 $302,952
2016 $5,884 $491,156 $406,966 $84,190
2015 $5,778 $483,779 $400,853 $82,926
2014 $5,488 $474,303 $393,001 $81,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24198048

California Regional Multiple Listing Service (CRMLS)

APN: 4183-013-080