NOT LISTED FOR SALE

1965 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $2,454,000 - $4,474,000

3 Beds
2 Baths
1,400 Sq Ft
$2,708/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $3,150,000 $2,250 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $23,365/month

342 Days on Market

Highlights

  • White Water Ocean Views
  • Wood Flooring
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of March 2021

Are you tired of finding nothing but "Peek-a-boo" ocean views? Or, frustrated by finding great views, only to be restricted from building your DREAM HOME by current duplex or triplex use? Come discover unblock-able, sweeping ocean views from this RARE 40' WIDE Sand Section SFR LOT. This 3,616 square foot lot offers a panorama that includes views of Catalina, Palos Verdes, the Hermosa Pier, white water and the ocean all the way to the Pacific Palisades, Malibu and Point Dume. It is located within two blocks of the beach and close to all of the great community activities and dining options centered in Pier Plaza. Build the home of your dreams and enjoy the breathtaking west facing ocean and sunset views for life. The current home is an original, beautifully maintained beach bungalow. Enjoy it now, or lease it out, while you get your plans ready to build.

A height profile study, property surveys of both the subject property and the surrounding homes are available for review to provide clarity on view permanency. Also available are suggested plans for a new, approximately 4800sf, 5 bedroom, 6.5 bath dream home with pool, full basement including theatre, wine bar, guest suite, and game room with yard access. All of this within an award winning school district with choice of high schools - MCHS or RUHS. Also, the city of Hermosa Beach has approved a Convex ruling determination which dramatically improves the views and top floor plate depth.

Last Agent to Sell the Property

Robb Stroyke

Bayside License #00940891 Listed on: 01/30/2020

Last Buyer's Agent

Meen ah (Mina) Hwang

Compass License #01977478

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,499

Year Built

  • Built in 1955

Lot Details

  • 3,616 Sq Ft Lot
  • Rectangular Lot
  • Gentle Sloping Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned HBR1YY

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 60
  • Tax Tract Number 6210
  • Assessor Parcel Number 4182008007

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,499

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4182008007
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2250.00
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Bay, Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Gentle Sloping, Rectangular Lot, Value In Land, Yard
  • Lot Size Sq Ft: 3616.00
  • Lot Size Acres: 0.0830

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3616.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 60
  • Tax Census Tract: 6210.04
  • Tax Lot: 8
  • Tax Tract Number: 6210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jan 13, 2021
Sold by
Gml Investments Llc
Bought by
Duggal Sheetal and Duggal Fatima
Seller's Agent
Robb Stroyke
Bayside
Buyer's Agent
Meen ah (Mina) Hwang
Compass
List Price
$3,199,000
Sold Price
$3,150,000
Premium/Discount to List
-$49,000
-1.53%
Current Estimated Value
$3,791,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,143
Avg. Annual Appreciation
4.23%

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 8, 2015
Sold by
Strand Real Estate Investments Lp
Bought by
Gml Investments Llc
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$1,500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 7, 2015
Sold by
Lopez Johnny Orlando and Lopez Elizabeth Maria
Bought by
Strand Real Estate Investments Lp
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 6, 2015
Sold by
Vitar Aurora and Lopez Irrevocable Trust
Bought by
Strand Property Management Llc
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Oct 5, 2015
Sold by
Lopez Johnny Orlando and Lopez Juan O
Bought by
Vitar Aurora and Lopez Irrevocable Trust
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2015
Closed on
Sep 24, 2015
Sold by
Lopez Johnny Orlando and Lopez Elizabeth Maria
Bought by
Gml Investments Llc
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2015
Closed on
Jun 11, 2015
Sold by
Hays Holly
Bought by
Lopez Johnny Orlando and Lopez Elizabeth Maria
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Kirsten Cole
Vista Sotheby’s International Realty
Sold Price
$4,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Duggal Sheetal $3,150,000 Lawyers Title Company
Gml Investments Llc -- None Available
Strand Real Estate Investments Lp -- None Available
Strand Property Management Llc -- None Available
Vitar Aurora -- None Available
Gml Investments Llc -- Fidelity National Title
Lopez Johnny Orlando $3,000,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gml Investments Llc $1,500,000
Previous Owner Lopez Johnny Orlando $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $3,150,000 -1.5% $2,250 / Sq Ft
06/07/2020 06/07/20 For Sale $3,199,000 +1.6% $2,285 / Sq Ft
06/05/2020 06/05/20 Off Market $3,150,000 -- --
01/30/2020 01/30/20 For Sale $3,199,000 0.0% $2,285 / Sq Ft
07/12/2018 07/12/18 Rented $5,000 -16.7% --
06/14/2018 06/14/18 For Rent $6,000 0.0% --
08/21/2015 08/21/15 Sold $3,000,000 0.0% $2,143 / Sq Ft
07/20/2015 07/20/15 Rented $4,500 -99.9% --
06/20/2015 06/20/15 Under Contract -- -- --
06/06/2015 06/06/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $3,000,000 0.0% $2,143 / Sq Ft
05/23/2015 05/23/15 For Rent $5,500 -- --
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 $32,499 $3,019,000 $2,358,000 $661,000
2024 $32,499 $3,019,000 $2,358,000 $661,000
2023 $35,187 $3,277,259 $2,559,696 $717,563
2022 $34,557 $3,213,000 $2,509,506 $703,494
2021 $35,328 $3,280,936 $3,171,573 $109,363
2020 $35,126 $3,247,295 $3,139,053 $108,242
2019 $34,395 $3,183,623 $3,077,503 $106,120
2018 $33,257 $3,121,200 $3,017,160 $104,040
2016 $31,643 $3,000,000 $2,100,000 $900,000
2015 $14,827 $1,391,763 $1,275,787 $115,976
2014 $14,425 $1,364,502 $1,250,797 $113,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20021506

California Regional Multiple Listing Service (CRMLS)

APN: 4182-008-007