NOT LISTED FOR SALE

1850 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $5,360,000 - $9,122,000

4 Beds
4.5 Baths
3,700 Sq Ft
$1,829/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $4,949,000 $1,338 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $41,928/month

133 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Primary Bedroom Suite
  • Hermosa Valley Elementary School Rated A
  • Home Theater
  • Ocean Side of Highway 1

About This Home

As of August 2016

Beautiful Custom Mediterranean with panoramic ocean & white water views from nearly every room. Features 4 bedrooms, 4.5 bathrooms and approximately 3,700 SF of exquisite living space on a large corner lot just 3 blocks from the beach. The upper level features a large gourmet kitchen with breakfast nook, living room with high ceilings, balcony and dual fireplace, family room, formal dining room and a guest suite. The entry level features the master suite with a 1,000 gallon sea water aquarium separating the master suite from the hall with privacy screening, master bath with dual sinks, oversized tub and stand-alone shower, library with fireplace, theater room and 2 additional bedrooms with a Jack-and-Jill bathroom. Large backyard with pergola, courtyard, fountain, fireplace, 2 lawn areas, refrigerator and grill. Rooftop deck with panoramic ocean views from Palos Verdes to Malibu. Other features include a Culligan water purification system, security system, gleaming Brazilian cherry wood flooring, laundry room, and a nearly 1,000 bottle wine cellar. 3-car garage with direct access, plus 2 driveway parking spaces.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 01/19/2016

Last Buyer's Agent

Janet Jacobs

Chhabria Real Estate Company License #01955820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,593

Year Built

  • Built in 2003

Lot Details

  • 4,558 Sq Ft Lot
  • Lawn
  • Back Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,700 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 50
  • Assessor Parcel Number 4183015025

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,593

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4183015025
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00
  • Interior Amenities: 2 Staircases, Bar, Beamed Ceilings, Balcony, Cathedral Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1337.57
  • Room Type: Family Room, Guest/Maid's Quarters, Jack & Jill, Library, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Office, Home Theatre, Two Masters, Wine Cellar

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 4558.00
  • Price Per Lot Square Foot: 1085.78
  • Lot Size Acres: 0.1050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4558.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Block: 50
  • Tax Lot: 16
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2016
Sold by
Barmazel Marc S
Bought by
Mahoney Jack and Mahoney Connie
Current Estimated Value
$6,766,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2004
Sold by
Barmazel Marc S
Bought by
Barmazel Marc S and Marc S Barmazel Inter Vivos Trust

Purchase Details

Closed on
May 28, 2003
Sold by
Jennings Kevin
Bought by
Barmazel Marc S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1999
Sold by
Bickett Brent and Bickett Mary Susan
Bought by
Jennings Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.91%

Purchase Details

Closed on
Jun 27, 1998
Sold by
Trust Perakis Marianne Tr Marianne Perak
Bought by
Bickett Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Mahoney Jack $4,949,000 Fidelity National Title
Barmazel Marc S -- --
Barmazel Marc S $3,200,000 Fidelity
Jennings Kevin $949,000 Fidelity National Title Ins
Bickett Brent $739,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoney Jack $3,600,000
Previous Owner Barmazel Marc S $1,950,000
Previous Owner Barmazel Marc S $680,000
Previous Owner Barmazel Marc S $1,920,000
Previous Owner Jennings Kevin $203,000
Previous Owner Jennings Kevin $651,550
Previous Owner Jennings Kevin $650,000
Previous Owner Bickett Brent $850,000
Closed Jennings Kevin $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $4,949,000 -1.0% $1,338 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $4,999,000 0.0% $1,351 / Sq Ft
05/04/2016 05/04/16 Price Changed $4,999,000 -4.8% $1,351 / Sq Ft
04/28/2016 04/28/16 Price Changed $5,250,000 -4.5% $1,419 / Sq Ft
01/19/2016 01/19/16 For Sale $5,500,000 -- $1,486 / 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 $61,593 $5,863,349 $4,118,916 $1,744,433
2024 $61,593 $5,748,382 $4,038,153 $1,710,229
2023 $60,305 $5,635,670 $3,958,974 $1,676,696
2022 $59,224 $5,525,168 $3,881,348 $1,643,820
2021 $58,105 $5,416,833 $3,805,244 $1,611,589
2019 $55,408 $5,148,939 $3,692,379 $1,456,560
2018 $53,618 $5,047,980 $3,619,980 $1,428,000
2016 $40,564 $3,843,346 $3,002,617 $840,729
2015 $39,782 $3,785,616 $2,957,515 $828,101
2014 $31,078 $2,959,000 $2,311,600 $647,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16011254

California Regional Multiple Listing Service (CRMLS)

APN: 4183-015-025