NOT LISTED FOR SALE

204 Seaview St Manhattan Beach, CA 90266

Estimated Value: $2,190,115 - $3,194,000

4 Beds
4 Baths
1,616 Sq Ft
$1,735/Sq Ft Est. Value

Last Sold March 06, 2012

Last sale price $1,190,000 $736 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $16,666/month

95 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Central Heating
  • Grand View Elementary School Rated A
  • Tile Countertops
  • Carpet

About This Home

As of March 2012

Duplex in prime Manhattan Beach/El Porto location, downstairs unit freshly painted, new carpet and flooring throughout, upstairs unit has lots of upgrades and ocean view, both units have 2 beds, 2 baths, upstairs unit leased at $2800, downstairs unit vacant for ease of showing, may lease soon for $2600, well maintained building with undergound 4 car parking.

Last Agent to Sell the Property

Kenny George

Kenny George, Broker License #01192706 Listed on: 10/03/2011

Last Buyer's Agent

Kenny George

Kenny George, Broker License #01192706 Listed on: 10/03/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,716

Year Built

  • Built in 1990

Lot Details

  • 1,355 Sq Ft Lot

Parking

  • 4 Car Garage
  • Two Garage Doors

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • Fireplace With Gas Starter
  • Ocean Views
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 27 / 5
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137007045

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,000
  • Water Sewer Expense $934
  • New Taxes Expense $8,000
  • Gross Income $5,400
  • Net Operating Income $62,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,716

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 5.28
  • View: Yes
  • Water Sewer Expenses: 934.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4137007045
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 736.39

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1355.00
  • Lot Size Acres: 0.0310

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 150
  • Electric Expense: 1200.00
  • Gross Income: 5400.00
  • Gross Multiplier: 18.36
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 1355.0000 Square Feet
  • Net Operating Income: 62800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2000.00
  • Total Actual Rent: 5400.00
  • Vacancy Allowance Rate: 50.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Area: 3718
  • Tax Block: 5
  • Tax Lot: 27
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2016
Sold by
Nguyen Hung Thae
Bought by
204 Seaview Llc
Current Estimated Value
$2,803,029

Purchase Details

Listed on
Oct 3, 2011
Closed on
Mar 5, 2012
Sold by
Moor Taylor
Bought by
Nguyen Hung Thae and Barghe Sharghi Violet
Seller's Agent
Kenny George
Kenny George, Broker
Buyer's Agent
Kenny George
Kenny George, Broker
List Price
$1,399,000
Sold Price
$1,190,000
Premium/Discount to List
-$209,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$533,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Moor Taylor and Taylor Moor M
Bought by
Moor Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 2005
Sold by
Moor Robert K
Bought by
Moor M Taylor

Purchase Details

Closed on
Jul 19, 1999
Sold by
Trust Keasler C Harold Tr C Harold Keasl
Bought by
Moor Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.5%
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
204 Seaview Llc -- None Available
Nguyen Hung Thae $1,045,000 Fatcola
Moor Taylor -- Alliance Title Company
Moor M Taylor -- --
Moor Robert K $650,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Hung Thac $529,000
Previous Owner Nguyen Hung Thae $533,000
Previous Owner Moor Taylor $575,000
Previous Owner Moor Robert K $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2012 03/06/12 Sold $1,190,000 -14.9% $736 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $1,399,000 -- $866 / 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 $16,716 $1,312,564 $879,232 $433,332
2024 $16,716 $1,286,829 $861,993 $424,836
2023 $16,354 $1,261,598 $845,092 $416,506
2022 $16,100 $1,236,862 $828,522 $408,340
2021 $15,885 $1,212,611 $812,277 $400,334
2019 $13,724 $1,176,647 $788,186 $388,461
2018 $13,460 $1,153,577 $772,732 $380,845
2016 $12,434 $1,108,784 $742,727 $366,057
2015 $12,178 $1,092,130 $731,571 $360,559
2014 $12,015 $1,070,738 $717,241 $353,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S675671

California Regional Multiple Listing Service (CRMLS)

APN: 4137-007-045