NOT LISTED FOR SALE

1338 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $2,601,000 - $2,747,883

3 Beds
3 Baths
1,800 Sq Ft
$1,497/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $2,500,000 $1,389 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,808/month

28 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Hermosa Valley Elementary School Rated A
  • Dual Staircase
  • 5-minute walk to Noble Park

About This Home

As of October 2023

Welcome to the Heart of Hermosa with SPECTACULAR Ocean, Pier, Sand views...Completely Move In Ready with no stone left unturned in this well appointed Front end unit Town Home with only one wall attached. Steps from the sand, every hip eatery Hermosa has to offer, charming coffee houses and quaint shops.....Park your car (and some friends cars with 4 spots for parking!) on Friday and walk everywhere you need to for the weekend! As soon as you walk into this lovely tri level town home, you'll be struck by the gleaming Brazilian Cherry Wood floors throughout. On this level you'll find your Primary Suite with ocean views and a newly and tastefully remodeled bathroom with Quartz counter tops, double sinks, soaking jacuzzi tub w/jets and step in shower. Also, your 2nd bedroom and newly remodeled bathroom in the hallway. Note the Dual Pane windows throughout and new A/C installed so you have quiet in the middle of this bustling beach town! Upstairs you'll find your open living space in this Reverse Plan home to really soak in the flood of natural sunlight....and of course to soak in that MEGA VIEW!! Step outside to your balcony to grill or enjoy a glass of vino or place a table out there for the best in indoor/outdoor dining/living! Your chef's kitchen has white/bright Blizzard Quartz Countertops, upgraded Stainless Steel appliances, custom cabinetry with plenty of counter and cabinet space. Great Dining space area and Cozy living room with fireplace....you have ocean views from every room on this level. Step up a split flight of stairs to your 3rd full bathroom which is convenient for your guests and for someone staying in the loft up another flight of stairs (currently being used as an office w/built in Daybed which is a great space saver. Wet bar up here as well and yet another spacious balcony with even better views! Other recent upgrades include: New Roof, Hydro Stop brand roofing system and new skylights, custom plantation shutters, New Deck (upper level),resurfaced deck (second level), new HVAC installed 2023, updated new French doors to balconies and New garage door and garage door opener. Laundry is inside the garage and you do have a 2 car ATTACHED garage in front w/2 driveway spaces plus Tesla Charging Station. Security gates installed outside of walkway to ensure privacy! Don't forget you are in the Award Winning Hermosa Beach School District and in walking distance to all schools. Come live the quintessential beach lifestyle and BREATH it all in!

Last Agent to Sell the Property

Heidi Ludwig

Redfin Corporation License #01400091 Listed on: 08/16/2023

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $26,864

Year Built

  • Built in 1992

Lot Details

  • 3,994 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Bar
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Master Insurance
  • 3 Units
  • Association Phone (310) 920-2129

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6210
  • Assessor Parcel Number 4183013124

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$26,864

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: TBD at offer
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBR3YY
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4183013124
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Cathedral Ceiling(s)
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1388.89
  • Room Type: Living Room, Loft, Primary Suite
  • Bathroom Features: Bathtub, Shower, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Name: self managed
  • Phone: 3109202129
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: self managed

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3994.00
  • Lot Size Acres: 0.0917

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3994.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6210.05
  • Tax Lot: 1
  • Tax Tract Number: 6210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 21, 2023
Sold by
Neuhaus Jon Derek
Bought by
Loy Thu-Ha T and Loy Carroll R
Seller's Agent
Heidi Ludwig
Redfin Corporation
List Price
$2,599,000
Sold Price
$2,500,000
Premium/Discount to List
-$99,000
-3.81%
Views
28
Current Estimated Value
$2,694,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,721
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,550,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 13, 2016
Sold by
Security Eat 22 Inc
Bought by
Neuhaus Jon Derek
Seller's Agent
Brett Zebrowski
eXp Realty of California Inc
Buyer's Agent
Heidi Ludwig
Redfin Corporation
List Price
$1,799,000
Sold Price
$1,800,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$1,440,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 8, 2016
Sold by
Swallow Eric G
Bought by
Security Eat 22 Inc
Seller's Agent
Brett Zebrowski
eXp Realty of California Inc
Buyer's Agent
Heidi Ludwig
Redfin Corporation
List Price
$1,799,000
Sold Price
$1,800,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 2, 2015
Closed on
Aug 14, 2015
Sold by
Swallow Deborah A
Bought by
Swallow Eric G
Seller's Agent
Brett Zebrowski
eXp Realty of California Inc
Buyer's Agent
Brett Zebrowski
eXp Realty of California Inc
List Price
$1,675,000
Sold Price
$1,675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Murphy Robb A
Bought by
Swallow Eric G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Dickson Michael P and Dickson Enola G
Bought by
Murphy Robb A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,300
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Dickson Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2005
Sold by
Raessler Todd R and Block Kathy A
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Sabbachi April and Sabbaghi April
Bought by
Sabbaghi Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
United States Of America
Bought by
Raessler Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Sabbaghi Ray A
Bought by
Sabbaghi Ray
Source: Public Records

Range of Values:

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Average Value
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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
Loy Thu-Ha T $2,500,000 Usa National Title Company
Neuhaus Jon Derek $1,800,000 Lawyers Title
Security Eat 22 Inc -- Accommodation
Swallow Eric G -- Fidelity Natl Title Ins Co
Swallow Eric G $1,675,000 Fidelity Natl Title Ins Co
Murphy Robb A $1,279,000 Progressive Title Co Inc
Dickson Michael P $1,235,000 Equity Title
Cendant Mobility Financial Corp -- Equity Title
Sabbaghi Ray -- Security Union Title
Raessler Todd R $1,125,000 Security Union Title
Sabbaghi Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loy Thu-Ha T $1,540,000
Closed Loy Thu-Ha T $1,550,000
Previous Owner Neuhaus Jon Derek $1,999,999
Previous Owner Neuhaus Jon Derek $1,440,000
Previous Owner Swallow Eric G $1,000,000
Previous Owner Murphy Robb A $895,300
Previous Owner Dickson Michael P $845,000
Previous Owner Raessler Todd R $900,000
Closed Raessler Todd R $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $2,500,000 -1.9% $1,389 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $2,549,000 -1.9% $1,416 / Sq Ft
08/16/2023 08/16/23 For Sale $2,599,000 +44.4% $1,444 / Sq Ft
09/20/2016 09/20/16 Sold $1,800,000 +0.1% $1,000 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $1,799,000 +7.4% $999 / Sq Ft
10/02/2015 10/02/15 Sold $1,675,000 0.0% $1,032 / Sq Ft
10/02/2015 10/02/15 For Sale $1,675,000 -- $1,032 / 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 $26,864 $2,550,000 $1,897,200 $652,800
2024 $26,864 $2,500,000 $1,860,000 $640,000
2023 $21,610 $2,007,931 $1,561,725 $446,206
2022 $21,221 $1,968,560 $1,531,103 $437,457
2021 $20,842 $1,929,962 $1,501,082 $428,880
2019 $20,290 $1,872,720 $1,456,560 $416,160
2018 $19,634 $1,836,000 $1,428,000 $408,000
2016 $17,810 $1,675,000 $585,000 $1,090,000
2015 $13,737 $1,290,000 $908,900 $381,100
2014 $10,449 $984,000 $693,300 $290,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23150123

California Regional Multiple Listing Service (CRMLS)

APN: 4183-013-124