NOT LISTED FOR SALE

1424 Manhattan Ave Unit 3 Hermosa Beach, CA 90254

Estimated Value: $1,482,466 - $1,772,000

2 Beds
2 Baths
969 Sq Ft
$330/mo HOA Fee

Last Sold March 21, 2022

Last sale price $1,360,000 $1,404 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,481/month

9 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Deck
  • Hermosa Valley Elementary School Rated A
  • Ocean Side of Highway 1
  • Wood Flooring

About This Home

As of March 2022

Best value in the Hermosa sand! Unobstructed ocean views can be enjoyed from this move-in ready home.
180º ocean views from Palos Verdes to Malibu. Quick and easy walk to downtown Hermosa Beach and the beach. Freshly painted, new carpet in bedrooms, 2 car garage with additional storage area. This unit will not last!

Last Agent to Sell the Property

Cindy Shearin

Strand Hill Properties License #00925580 Listed on: 02/11/2022

Last Buyer's Agent

Rick Thomas

Merit Real Estate License #00761763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,366

Year Built

  • Built in 1972

Lot Details

  • 3,019

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 969 Sq Ft Home
  • Fireplace With Gas Starter
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Hermosa Valley Elementary School
  • Mira Costa High School

Additional Features

  • 1 Common Wall
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30954
  • Assessor Parcel Number 4183013091

Community Details

Overview

  • Master Insurance
  • 4 Units

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,366

Year Built

Built in 1972

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4183013091
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 969.00 Square Feet
  • Entry Location: stairs
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1403.51
  • Room Type: Kitchen, Main Floor Bedroom, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Manhattan Unified
  • Elementary School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School #2: HERVAL
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3020.00
  • Lot Size Acres: 0.0693

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3020.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Waterfront Features: Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6210.04
  • Tax Lot: 1
  • Tax Tract Number: 30954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Feb 24, 2022
Sold by
Gary Rusth Revocable Living Trust
Bought by
Davis Barnett
Seller's Agent
Cindy Shearin
Strand Hill Properties
Buyer's Agent
Rick Thomas
Merit Real Estate
List Price
$1,299,000
Sold Price
$1,360,000
Premium/Discount to List
$61,000
4.7%
Current Estimated Value
$1,640,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,617
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,052,000
Outstanding Balance
$974,160
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$617,448

Purchase Details

Closed on
Mar 27, 2007
Sold by
Riggs G P
Bought by
Rusth Gary and Gary Rusth Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Davis Barnett $1,360,000 None Listed On Document
Rusth Gary $905,000 Progressive Title Co
Riggs G P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Barnett $1,052,000
Previous Owner Rusth Gary $840,000
Previous Owner Rusth Gary $660,000
Previous Owner Rusth Gary $625,000
Previous Owner Rusth Gary $543,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,360,000 +4.7% $1,404 / Sq Ft
03/15/2022 03/15/22 For Sale $1,299,000 0.0% $1,341 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,299,000 +43.5% $1,341 / Sq Ft
06/26/2015 06/26/15 Sold $905,000 -2.2% $934 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $925,000 -- $955 / 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 $15,366 $1,443,241 $1,154,594 $288,647
2024 $15,366 $1,414,943 $1,131,955 $282,988
2023 $15,050 $1,387,200 $1,109,760 $277,440
2022 $11,148 $1,024,931 $849,393 $175,538
2021 $11,045 $1,004,836 $832,739 $172,097
2019 $10,755 $975,035 $808,041 $166,994
2018 $10,409 $955,918 $792,198 $163,720
2016 $9,902 $918,800 $761,437 $157,363
2015 $3,011 $258,563 $77,562 $181,001
2014 $2,850 $253,499 $76,043 $177,456
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22026668

California Regional Multiple Listing Service (CRMLS)

APN: 4183-013-091