NOT LISTED FOR SALE

Estimated Value: $3,993,400 - $5,391,000

3 Beds
2 Baths
1,691 Sq Ft
$2,692/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $2,200,000 $1,301 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $23,938/month

18 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating
  • Aurelia Pennekamp Elementary School Rated A
  • Laundry Room
  • 3-minute walk to 8th Street Park

About This Home

As of April 2024

Welcome to your opportunity to own a gem nestled in the heart of East Manhattan Beach! This 3-bed, 2-bath home boasts a 2-car garage and expansive front and rear yards, offering ample space for relaxation and entertainment. While the interior awaits your personal touch and updates, the location speaks volumes. Conveniently situated near the beach, LAX, and all that Los Angeles has to offer, this property promises the quintessential California lifestyle. Whether you are envisioning a contemporary redesign or a classic renovation, this home is primed for transformation. Seize the chance to make this your dream home or an investment opportunity in one of Manhattan Beach's most coveted neighborhoods. Buy now and build later, as the potential of this property is limited only by your imagination. Don't miss out on the chance to create your perfect coastal retreat in this desirable locale!

Last Agent to Sell the Property

Kristen Novoa

Vista Sotheby’s International Realty Brokerage Phone: 310-650-1078 License #01291929 Listed on: 02/12/2024

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,502 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 18 / 5
  • Tax Tract Number 3
  • Assessor Parcel Number 4164003024
  • $571 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4164003024
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1691.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1301.01
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7502.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6208.01
  • Tax Lot: 18
  • Tax Tract Number: 3
  • TaxOtherAnnualAssessmentAmount: 571.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
La21x Llc
Bought by
La23l Llc
Current Estimated Value
$4,552,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,746,800
Outstanding Balance
$3,705,433
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$847,417

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 26, 2024
Sold by
1995 Palm Family Trust and Palm Cynthia
Bought by
La21g Llc
Seller's Agent
Kristen Novoa
Vista Sotheby’s International Realty
List Price
$1,999,000
Sold Price
$2,200,000
Premium/Discount to List
$201,000
10.06%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.17%
Original Mortgage
$2,930,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 1995
Sold by
Palm Noel T and Palm Sally Jean
Bought by
Palm Noel T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
La23l Llc -- Fidelity National Title
La21g Llc $2,200,000 Lawyers Title
Palm Noel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La23l Llc $3,746,800
Previous Owner La21g Llc $2,930,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $2,200,000 +10.1% $1,301 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $1,999,000 0.0% $1,182 / Sq Ft
01/04/2023 01/04/23 Rented $5,000 0.0% --
11/30/2022 11/30/22 Under Contract -- -- --
11/10/2022 11/10/22 For Rent $5,000 0.0% --
05/05/2022 05/05/22 Rented $5,000 0.0% --
04/18/2022 04/18/22 Under Contract -- -- --
04/15/2022 04/15/22 Price Changed $5,000 -2.0% $3 / Sq Ft
04/06/2022 04/06/22 Price Changed $5,100 -8.9% $3 / Sq Ft
03/29/2022 03/29/22 Price Changed $5,600 -9.7% $3 / Sq Ft
03/21/2022 03/21/22 For Rent $6,200 -- --
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 $1,863 $2,200,000 $2,200,000 --
2024 $1,863 $115,069 $66,312 $48,757
2023 $1,748 $112,813 $65,012 $47,801
2022 $1,725 $110,602 $63,738 $46,864
2021 $1,755 $108,435 $62,489 $45,946
2019 $1,717 $105,221 $60,637 $44,584
2018 $1,640 $103,159 $59,449 $43,710
2016 $1,319 $99,155 $57,142 $42,013
2015 $1,294 $97,666 $56,284 $41,382
2014 $1,290 $95,754 $55,182 $40,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24030462

California Regional Multiple Listing Service (CRMLS)

APN: 4164-003-024