NOT LISTED FOR SALE

1744 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $2,872,619 - $4,080,000

1 Bed
1 Bath
500 Sq Ft
$6,495/Sq Ft Est. Value

Highlights

  • Ocean View
  • Furnished
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Bike Trail

About This Home

As of April 2023

1744 Manhattan Ave., (upper unit) Panoramic PV to Malibu Ocean Views just 2 short blocks to the beach. This 1 bedroom 1 baths middle unit is "including washer and dryer (in unit) with an open indoor-outdoor floor-plan, hardwood floors, PV stone fireplace, gourmet kitchen to enjoy the South Bay beach lifestyle. Walk to the beach, restaurants, shopping & entertainment within minutes. Great North Hermosa Beach location & outstanding walkability factor.

Last Agent to Rent the Property

Gary Richardson

Strand Hill Properties License #00466560 Listed on: 04/05/2023

Last Renter's Agent

Gary Richardson

Strand Hill Properties License #00466560 Listed on: 04/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,939

Year Built

  • Built in 1927

Lot Details

  • 2,184 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 500 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $3,300
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/1/22
  • Tax Lot 12
  • Tax Tract Number 113

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Water Sports
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,939

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Available Date: 2022-12-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3300
  • Furnished: Furnished
  • Pets Allowed: Call, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 500.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6.60
  • Room Type: All Bedrooms Down, Kitchen, Laundry

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks, Street Lights

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2184.00
  • Lot Size Acres: 0.0501

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2184.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2005
Sold by
Nwude Odinigwe Florence
Bought by
Karle John and Karle Terri T
Current Estimated Value
$3,247,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2001
Sold by
Nwude Odinigwe Emmanuel
Bought by
Nwude Odinigwe Florence and Nwude Russell Elochukwu

Purchase Details

Closed on
Sep 13, 2000
Sold by
Cormack Michelle R
Bought by
Cormack David A

Purchase Details

Closed on
Aug 24, 2000
Sold by
Cormack David A
Bought by
Nwude Odinigwe Emmanuel and Nwude Odinigwe Florence

Purchase Details

Closed on
Dec 9, 1996
Sold by
Robinson Herb K
Bought by
Cormack David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
7.87%
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
Karle John $1,700,000 Lawyers Title
Nwude Odinigwe Florence -- --
Cormack David A -- First American Title Co
Nwude Odinigwe Emmanuel $911,000 First American Title Co
Cormack David A $515,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karle John $1,075,600
Closed Karle John $1,158,636
Closed Karle John $1,177,958
Closed Karle John $1,170,057
Closed Karle John $1,174,725
Previous Owner Karle John $1,100,000
Previous Owner Cormack David A $386,250
Closed Cormack David A $77,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Rented $3,300 0.0% --
04/05/2023 04/05/23 For Rent $3,300 -57.7% --
03/17/2023 03/17/23 Rented $7,800 +11.4% --
11/27/2022 11/27/22 For Rent $7,000 -- --
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 $24,939 $2,323,179 $2,129,135 $194,044
2024 $24,939 $2,277,628 $2,087,388 $190,240
2023 $24,427 $2,232,969 $2,046,459 $186,510
2022 $23,989 $2,189,186 $2,006,333 $182,853
2021 $23,626 $2,146,262 $1,966,994 $179,268
2019 $23,009 $2,082,603 $1,908,652 $173,951
2018 $22,258 $2,041,769 $1,871,228 $170,541
2016 $21,140 $1,962,487 $1,798,567 $163,920
2015 $20,736 $1,933,009 $1,771,551 $161,458
2014 $20,136 $1,895,145 $1,736,849 $158,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23056360

California Regional Multiple Listing Service (CRMLS)

APN: 4183-015-004