NOT LISTED FOR SALE

Estimated Value: $6,610,385

5 Beds
3 Baths
2,442 Sq Ft
$2,707/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2019

Last sale price $4,550,000 $1,863 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $42,157 / mo

33 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • 3 Car Attached Garage
  • Peek-A-Boo Views

About This Home

As of October 2019

HUGE PRICE REDUCTION - One of the largest build-able lots near highly sought-after downtown MB – 4,190 sq. ft. lot zoned MNRH for High Density. According to the City, owner could potentially build 7,124 sq. ft. house or multiple Townhouse units. Amazing location below Highland Ave., just down the Hill from City Hall. Property currently consists of a Triplex, so Buyer could continue to receive rental income while preparing plans to build the Home of their Dreams. While the property is situated just a few blocks from downtown, the Pier and the ocean it is also just 6 LOTS from The Strand. Property being sold for Land value! Perfectly situated just 6 LOTS from the beach & 3 blocks to all of the incredible downtown restaurants, shops, etc. Beach living at its finest. Don't Miss This One of a Kind Opportunity!!!!! Buyer to verify all information regarding the lot and what could be built on it with the City of Manhattan Beach.

Last Agent to Sell the Property

Michael Millea

Lyon Stahl Investment Real Estate, Inc. License #01069014 Listed on: 07/10/2019

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Woody Stahl

CRMLS Member Transfer License #01399621

CRMLS Member Transfer
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,190 Sq Ft Lot
  • No Common Walls
  • Density is 21-25 Units/Acre
  • Value in Land

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 2,442 Sq Ft Home
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Schools

  • Manhattan Beach Middle School
  • Mira Costa High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 6203
  • Assessor Parcel Number 4179025004

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

4,190 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 4179025004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2442.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1863.23
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Value In Land
  • Lot Size Sq Ft: 4190.00
  • Lot Size Acres: 0.0962

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4190.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 37
  • Tax Tract Number: 6203

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2025
Sold by
Bought by
Current Estimated Value
$6,610,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Outstanding Balance
$2,495,999
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$4,114,386

Purchase Details

Closed on
Nov 26, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Outstanding Balance
$2,495,999
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$4,114,386

Purchase Details

Closed on
Feb 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 19, 2019
Sold by
Bought by
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Woody Stahl
CRMLS Member Transfer
List Price
$6,000,000
Sold Price
$4,550,000
Premium/Discount to List
-$1,450,000
-24.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$2,698,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Manhattan Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,763,500 Old Republic Title Company
$4,545,000 Old Republic Title Company
$3,150,000 Old Republic Title Company
$3,900,000 Usa National Title
$4,550,000 North American Title Company
-- None Available
-- Fidelity National Title Co
-- Accommodation
-- --
-- North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,520,000
Previous Owner $5,442,000
Previous Owner $2,145,000
Previous Owner $2,670,000
Previous Owner $2,670,000
Previous Owner $2,698,000
Previous Owner $241,000
Previous Owner $284,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $4,550,000 -13.3% $1,863 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $5,250,000 -8.7% $2,150 / Sq Ft
07/16/2019 07/16/19 Price Changed $5,750,000 -4.2% $2,355 / Sq Ft
07/10/2019 07/10/19 For Sale $6,000,000 -- $2,457 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $69,053 $6,176,711 $4,138,711 $2,038,000
2024 $49,845 $4,400,560 $4,057,560 $343,000
2023 $44,999 $3,978,000 $3,876,000 $102,000
2022 $53,016 $4,689,080 $4,637,552 $51,528
2021 $52,082 $4,597,138 $4,546,620 $50,518
2020 $51,601 $4,550,000 $4,500,000 $50,000
2019 $3,113 $203,690 $136,684 $67,006
2018 $3,003 $199,697 $134,004 $65,693
2016 $2,581 $191,944 $128,801 $63,143
2015 $2,533 $189,062 $126,867 $62,195
2014 $2,523 $185,359 $124,382 $60,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19163094

California Regional Multiple Listing Service (CRMLS)

APN: 4179-025-004

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