NOT LISTED FOR SALE

2001 Palm Ave Manhattan Beach, CA 90266

Estimated Value: $4,356,000 - $5,394,000

5 Beds
4.5 Baths
3,497 Sq Ft
$1,393/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $4,175,000 $1,194 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $28,725/month

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Cathedral Ceiling
  • Pacific Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of January 2025

The secret's out about 2001 Palm Ave, and it's a gem right in the heart of Manhattan Beach. Situated on one of the most charming streets in the tree section, this home provides easy access to top-rated schools, exceptional dining, shopping, and the beach; with a 15-min walk, 7-min bike ride or 4-min car ride to downtown Manhattan shops and restaurants. This residence is perfect if you're seeking a blend of comfort and style without sacrificing that relaxed beach atmosphere.
As you step inside, you'll be greeted by an impressive curved staircase that leads into a spacious living room with high ceilings and a cozy fireplace—ideal for unwinding. The gourmet kitchen is a culinary dream, featuring premium stainless steel appliances and a large island that's perfect for casual gatherings or quick meals.
The open layout seamlessly flows into the family room and dining area, and the expansive glass doors open up to an inviting outdoor patio. It's the perfect setup for enjoying that coveted indoor-outdoor lifestyle. Outside, there's a covered patio with a bar and comfortable seating—an excellent spot for entertaining or simply relaxing.
The primary suite serves as your personal retreat, complete with a generous walk-in closet and a luxurious bathroom with all the amenities. Additionally, there are several other bedrooms for family or guests. You'll also find a dedicated office space, a laundry room, and a 2-car garage.
2001 Palm Ave beautifully combines comfort, style, and convenience, making it the perfect place to call home. Now’s your opportunity to be part of this remarkable community.

Last Agent to Rent the Property

Robert Depaoli

Compass Brokerage Phone: 310-896-5343 License #01918925 Listed on: 10/07/2024

Compass

Co-Listed By

Nicholas Schneider

Compass Brokerage Phone: 310-896-5343 License #01867363

Compass

Last Renter's Agent

Nicholas Schneider

Compass Brokerage Phone: 310-896-5343 License #01867363

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5,063 Sq Ft Lot
  • Landscaped
  • Property is zoned MNRS

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,497 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $14,000
  • Available 10/7/24
  • Tax Lot 18
  • Tax Tract Number 8847
  • Assessor Parcel Number 4171008016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-10-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 14000
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 4171008016
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3497.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Outside, Free Standing
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.00
  • Room Type: Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Separate Family Room, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Soaking Tub, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5063.00
  • Lot Size Acres: 0.1162

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 5063.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.03
  • Tax Lot: 18
  • Tax Tract Number: 8847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 10, 2024
Sold by
Chatwani Family Trust and Chatwani Ravi
Bought by
Selfridge Peter A and Selfridge Parita Shah
Seller's Agent
Jennifer Caskey
Compass
Buyer's Agent
Robert Depaoli
Compass
List Price
$4,299,000
Sold Price
$4,175,000
Premium/Discount to List
-$124,000
-2.88%
Views
73
Current Estimated Value
$4,872,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,323
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Oct 23, 2013
Sold by
Chatwani Ravi
Bought by
Chatwani Ravi and Chatwani Madhu

Purchase Details

Closed on
Feb 22, 2007
Sold by
Thomas Richard L and Thomas Michelle Elliott
Bought by
Chatwani Ravi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Thomas Richard L and Thomas Michelle Elliott
Bought by
Thomas Richard L

Purchase Details

Closed on
Feb 5, 2002
Sold by
Mcdaniel Terry
Bought by
Elliott Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Selfridge Peter A $4,175,000 Upward Title Company
Chatwani Ravi -- None Available
Chatwani Ravi $2,600,000 Southland Title Corporation
Thomas Richard L -- None Available
Thomas Richard L -- None Available
Elliott Michelle $800,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatwani Ravi $1,690,000
Previous Owner Elliott Michelle $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2025 01/09/25 Rented $14,000 0.0% --
01/08/2025 01/08/25 Under Contract -- -- --
12/13/2024 12/13/24 Price Changed $14,000 -9.7% $4 / Sq Ft
10/07/2024 10/07/24 For Rent $15,500 0.0% --
09/16/2024 09/16/24 Sold $4,175,000 -1.8% $1,193 / Sq Ft View Prior Sale
08/16/2024 08/16/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $4,250,000 -1.1% $1,214 / Sq Ft
06/06/2024 06/06/24 For Sale $4,299,000 -- $1,228 / 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 $38,971 $4,175,000 $3,175,000 $1,000,000
2024 $38,971 $3,415,137 $2,186,873 $1,228,264
2023 $37,894 $3,348,175 $2,143,994 $1,204,181
2022 $37,236 $3,282,525 $2,101,955 $1,180,570
2021 $36,548 $3,218,163 $2,060,741 $1,157,422
2019 $35,561 $3,122,713 $1,999,619 $1,123,094
2018 $34,824 $3,061,484 $1,960,411 $1,101,073
2016 $32,495 $2,942,605 $1,884,287 $1,058,318
2015 $31,819 $2,898,406 $1,855,984 $1,042,422
2014 $25,278 $2,285,000 $1,408,200 $876,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24203473

California Regional Multiple Listing Service (CRMLS)

APN: 4171-008-016