NOT LISTED FOR SALE

1818 12th St Manhattan Beach, CA 90266

8 Beds
4 Baths
6,384 Sq Ft
8,233 Sq Ft Lot

Last Sold May 08, 2014

Last sale price $3,050,000 $478 Per Sq Ft

1 Day on Market

About This Home

As of May 2014

10 2 bedroom 1 bath. 9 of 10 remodeled. Rents are low.

Last Agent to Sell the Property

Jerry Tainter

Ossia Real Estate License #00622360 Listed on: 05/05/2014

Ossia Real Estate

Last Buyer's Agent

Linda Dondero

Beach City Brokers License #00865777

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,242 Sq Ft Lot
  • 1 Common Wall

Parking

  • 10 Car Garage

Home Design

  • 6,384 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 16311
  • Assessor Parcel Number 4165024031

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $847
  • Insurance Expense $5,256
  • Maintenance Expense $8,025
  • Professional Management Expense $8,640
  • Trash Expense $2,514
  • Water Sewer Expense $3,535
  • New Taxes Expense $38,125
  • Gross Income $15,100
  • Net Operating Income $113,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

8,242 Sq Ft Lot

Parking

10

Listing Details

  • Professional Management Expense: 8640.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3535.00
  • Property Type: Residential Income
  • Parcel Number: 4165024031
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 477.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2514.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 8242.00
  • Lot Size Acres: 0.1890

Multi Family

  • Electric Expense: 847.00
  • Gross Income: 15100.00
  • Gross Scheduled Income: 183200.00
  • Insurance Expense: 5256.00
  • Lot Size Area: 8242.0000 Square Feet
  • Maintenance Expense: 8025.00
  • Net Operating Income: 113620.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Operating Expense: 69380.00
  • Rent Control: No
  • Total Actual Rent: 15100.00

Tax Info

  • New Taxes Expense: 38125.00
  • Tax Lot: 14
  • Tax Tract Number: 16311
  • Tax Year: 2013
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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
05/08/2014 05/08/14 Sold $3,050,000 -3.2% $478 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $3,150,000 -- $493 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,931 $1,869,431 $1,716,204 $153,227
2024 $21,931 $1,832,776 $1,682,553 $150,223
2023 $21,303 $1,796,840 $1,649,562 $147,278
2022 $20,949 $1,761,609 $1,617,218 $144,391
2021 $20,745 $1,727,068 $1,585,508 $141,560
2019 $20,208 $1,675,844 $1,538,482 $137,362
2018 $19,784 $1,642,985 $1,508,316 $134,669
2016 $18,353 $1,579,189 $1,449,748 $129,441
2015 $17,985 $1,555,469 $1,427,972 $127,497
2014 $7,837 $616,350 $278,711 $337,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14094517

California Regional Multiple Listing Service (CRMLS)
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