NOT LISTED FOR SALE

1511 Artesia Blvd Manhattan Beach, CA 90266

10 Beds
5 Baths
4,137 Sq Ft
6,747 Sq Ft Lot

Last Sold November 19, 2013

Last sale price $1,610,000 $389 Per Sq Ft

4 Days on Market

Highlights

  • Laundry Room
  • Aurelia Pennekamp Elementary School Rated A
  • Wall Furnace

About This Home

As of November 2013

Beautiful 2 bedroom apartment available in a 5 unit apartment building on 2nd floor, with granite kitchen countertop, new luxury vinyl plank flooring and an open kitchen floor plan- all located in an incredibly convenient Manhattan beach location. You would also have a private garage.

The building is only a house away from one of the best schools in the South Bay, Mira Costa High School. You can drive to the beach in 5 minutes, and walk to restaurants a couple blocks away. There is also easy access to the pacific coast highway.

Last Agent to Sell the Property

Robert Corry

Robert Corry Real Estate License #00381837 Listed on: 09/23/2013

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Lyon Stahl Investment Real Est

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,747 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,137 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 16 / 106
  • Assessor Parcel Number 4163024014

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $504
  • Fuel Expense $1,260
  • Insurance Expense $1,244
  • Maintenance Expense $4,256
  • Water Sewer Expense $3,540
  • New Taxes Expense $19,800
  • Operating Expense $30,750
  • Gross Income $8,475
  • Net Operating Income $74,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.30
  • Property Attached: Yes
  • Water Sewer Expenses: 3540.00
  • Property Type: Residential Income
  • Parcel Number: 4163024014
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 389.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6747.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 504.00
  • Fuel Expense: 1260.00
  • Gross Income: 8475.00
  • Gross Multiplier: 16.00
  • Gross Scheduled Income: 102500.00
  • Insurance Expense: 1244.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 800.00
  • Lot Size Area: 6747.0000 Square Feet
  • Maintenance Expense: 4256.00
  • Maintenance Percent: 4.15
  • Net Operating Income: 74500.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 30750.00
  • Operating Expense Percent: 30.00
  • Other Income Description: web laundry
  • Rent Control: No
  • Total Actual Rent: 8475.00
  • Total Expenses: 30750.00

Tax Info

  • New Taxes Expense: 19800.00
  • Tax Block: 106
  • Tax Lot: 16
  • Tax Tract Number: RvilB

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 For Rent $2,725 0.0% --
11/19/2013 11/19/13 Sold $1,610,000 -2.4% $389 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $1,650,000 -- $399 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Corry

    Robert Corry Real Estate

  • Woody Stahl

    Buyer's Agent in 2013

    Woody Stahl

    Lyon Stahl Investment Real Est

    (310) 710-3829

    17 in this area

    154 Total Sales

    Woody Stahl
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13194670

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Manhattan Beach 90266

1511 Artesia Blvd, Manhattan Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes