NOT LISTED FOR SALE

2067 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $1,868,000 - $2,597,000

3 Beds
2 Baths
1,374 Sq Ft
$1,626/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,727,000 $1,257 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,331/month

35 Days on Market

Highlights

  • Ocean View
  • Fireplace in Bathroom
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Corner Lot
  • Laundry Room

About This Home

As of January 2024

** MAJOR LIST PRICE REASSESSMENT ** Wonderful Hermosa Sand Section area just a very short walk to the OCEAN ** Just a few blocks to Pier Avenue for fine dining and shopping ** Just a matter of minutes travel to Manhattan Beach to the North and also to Redondo Beach to the South for more fine dining and shopping ** This Duplex offers 1 bedroom apartment at street level and 2 bedroom upper unit with broad OCEAN VIEW ** Lower walk-in laundry area below the 1 bedroom apartment ** Two separate single car garages with access from Manhattan Avenue for ease of parking ** Hermosa Beach Sand Section is waiting for you!! ** There is deferred maintenance **

Last Agent to Sell the Property

Skip Zeleny

Realty One Group United License #00473390 Listed on: 11/09/2023

Realty One Group United

Last Buyer's Agent

Frances Kwon

T.N.G. Real Estate Consultants License #01154191

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1937

Lot Details

  • 1,806 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 17
  • Assessor Parcel Number 4182008017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,380
  • Professional Management Expense $2,803
  • Water Sewer Expense $488
  • Operating Expense $4,671
  • Net Operating Income $55,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,855

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 888500
  • Professional Management Expense: 2803.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 488.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4182008017
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 1256.91

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1806.00
  • Lot Size Acres: 0.0415

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 59976.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 1806.0000 Square Feet
  • Net Operating Income: 55305.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4671.00
  • Rent Control: No
  • Total Expenses: 4671.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Grujic Sava
Bought by
Sava Grujic Revocable Trust and Grujic
Current Estimated Value
$2,234,755

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 21, 2023
Sold by
Cambal Martin and Cambal Kathy H
Bought by
Grujic Sava
Seller's Agent
Skip Zeleny
Realty One Group United
Buyer's Agent
Frances Kwon
T.N.G. Real Estate Consultants
List Price
$2,227,000
Sold Price
$1,727,000
Premium/Discount to List
-$500,000
-22.45%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$1,122,550
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Cambal Kathy H
Bought by
Cambal Martin and Cambal Kathy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.27%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Sava Grujic Revocable Trust -- None Listed On Document
Grujic Sava $1,727,000 Consumers Title Company
Cambal Martin -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grujic Sava $1,122,550
Previous Owner Cambal Kathy H $241,000
Previous Owner Cambal Kathy H $202,615
Previous Owner Cambal Kathy H $204,600
Previous Owner Cambal Martin $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,727,000 -2.8% $1,257 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $1,777,000 -20.2% $1,293 / Sq Ft
11/09/2023 11/09/23 For Sale $2,227,000 -- $1,621 / 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 $1,855 $1,761,540 $1,710,540 $51,000
2024 $1,855 $127,570 $88,183 $39,387
2023 $1,827 $125,069 $86,454 $38,615
2022 $1,794 $122,617 $84,759 $37,858
2021 $1,830 $120,214 $83,098 $37,116
2019 $1,789 $116,650 $80,634 $36,016
2018 $1,720 $114,363 $79,053 $35,310
2016 $1,631 $109,924 $75,984 $33,940
2015 $1,604 $108,274 $74,843 $33,431
2014 $1,456 $106,154 $73,377 $32,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23208397

California Regional Multiple Listing Service (CRMLS)

APN: 4182-008-017