Landlord's Agent in 2021
Chris McCarthy
Lyon Stahl Investment Real Estate, Inc.
(310) 374-1800
1 in this area
2 Total Sales
201 38th St Manhattan Beach, CA 90266
Estimated Value: $3,918,012
2
Beds
2
Baths
1,100
Sq Ft
$3,562/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- No HOA
- Grand View Elementary School Rated A
- Main Floor Primary Bedroom
- Fireplace
About This Home
As of March 2021Two bedroom two bath lower unit in duplex for rent. The property is one block from the beach and has ocean views from the front deck. One dedicated garage space is included. The unit has been recently renovated and comes with a new refrigerator, hot water heater, and washing machine. Master Suite includes a large walk-in closet and a full bath. Owners pay for water and trash pick up.
The property is located in Manhattan Beach's El Porto community and is walking distance to many fantastic local shops and restaurants. It is also located within the Grand View Elementary School Attendance Area.
Landlord is willing to consider rent concessions on leases lasting 1 year or longer; negotiable.
Last Agent to Rent the Property
Lyon Stahl Investment Real Estate, Inc. License #01983066 Listed on: 11/20/2020
Last Renter's Agent
Lyon Stahl Investment Real Estate, Inc. License #01983066 Listed on: 11/20/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 2,700 Sq Ft Lot
- No Units Located Below
- 1 Common Wall
- South Facing Home
- Landscaped
Parking
- 1 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Assigned Parking
Home Design
- Duplex
Interior Spaces
- 1,100 Sq Ft Home
- Fireplace
- Family Room
- Living Room
- Ocean Views
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Bathtub with Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Vented Exhaust Fan
- Standard Electricity
- Gas Water Heater
Additional Features
- Accessible Parking
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $8,000
- Rent includes trash collection, water
- 12-Month Minimum Lease Term
- Available 12/1/20
- Legal Lot and Block 13 / 2
- Tax Tract Number 3701
- Assessor Parcel Number 4137011114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2020
Sold by
Freestone Partners Llc
Bought by
Freestone Ventures I Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,807,133
Outstanding Balance
$1,606,656
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$2,311,356
Purchase Details
Closed on
Aug 7, 2020
Sold by
Nordberg Paulette Jane and Nordberg Thomas
Bought by
Freestone Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,807,133
Outstanding Balance
$1,606,656
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$2,311,356
Purchase Details
Closed on
Mar 30, 2019
Sold by
Nordberg Paulette Jane and Nordberg Thomas
Bought by
Nordberg Paulette Jane and Nordberg Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,750
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 2, 2014
Sold by
Nordberg Thomas R
Bought by
Thomas & Paulette Nordberg Living Trust
Purchase Details
Closed on
Jul 17, 2002
Sold by
Cherry James B
Bought by
Nordberg Thomas R and Nordberg Paulette J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.6%
Purchase Details
Closed on
Dec 23, 1998
Sold by
Berman David
Bought by
Cherry James B and Cherry Elta M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freestone Ventures I Llc | -- | None Available | |
| Freestone Partners Llc | $2,800,000 | Usa National Title | |
| Nordberg Paulette Jane | -- | Title Source Inc | |
| Thomas & Paulette Nordberg Living Trust | -- | None Available | |
| Nordberg Thomas R | $1,189,000 | Gateway Title Company | |
| Cherry James B | $840,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freestone Ventures I Llc | $1,807,133 | |
| Previous Owner | Nordberg Paulette Jane | $1,124,750 | |
| Previous Owner | Nordberg Thomas R | $832,000 | |
| Previous Owner | Cherry James B | $672,000 | |
| Closed | Nordberg Thomas R | $118,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2021 03/14/21 | Rented | $3,800 | -5.0% | -- |
| 02/23/2021 02/23/21 | Price Changed | $4,000 | -11.1% | $4 / Sq Ft |
| 01/19/2021 01/19/21 | Price Changed | $4,500 | -18.2% | $4 / Sq Ft |
| 12/04/2020 12/04/20 | Price Changed | $5,500 | -8.3% | $5 / Sq Ft |
| 11/20/2020 11/20/20 | For Rent | $6,000 | -- | -- |
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 | $36,044 | $3,030,808 | $2,922,566 | $108,242 |
| 2024 | $36,044 | $2,971,381 | $2,865,261 | $106,120 |
| 2023 | $35,144 | $2,913,120 | $2,809,080 | $104,040 |
| 2022 | $34,565 | $2,856,000 | $2,754,000 | $102,000 |
| 2021 | $34,015 | $2,800,000 | $2,700,000 | $100,000 |
| 2020 | $20,285 | $1,575,464 | $1,324,315 | $251,149 |
| 2019 | $17,869 | $1,544,591 | $1,298,349 | $246,242 |
| 2018 | $17,498 | $1,514,323 | $1,272,892 | $241,431 |
| 2016 | $16,215 | $1,454,695 | $1,223,465 | $231,230 |
| 2015 | $15,879 | $1,432,845 | $1,205,088 | $227,757 |
| 2014 | $15,661 | $1,404,778 | $1,181,482 | $223,296 |
Source: Public Records
Agents Affiliated with this Home
-
Chris McCarthy
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20242640
APN: 4137-011-114
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