Seller's Agent in 2015
Ed Kaminsky
eXp Realty of California, Inc
(310) 465-3993
95 in this area
506 Total Sales
217 Kelp St Manhattan Beach, CA 90266
Estimated Value: $2,038,000 - $2,545,000
4
Beds
2
Baths
1,398
Sq Ft
$1,651/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Above Ground Spa
- Contemporary Architecture
- Grand View Elementary School Rated A
- Wood Burning Stove
- Cathedral Ceiling
About This Home
As of January 2015A chance to own your own Manhattan Beach ocean view duplex just steps from the ocean and walking distance to shops and restaurants. Ideally located in El Porto making commutes to LA and the airport a breeze. Rare find with panoramic views from Malibu to Palos Verdes from a roof top deck, which is ideal for entertaining and watching the sun rise and set!! This Duplex would make a perfect income property or private beach pad. The current owner rents the lower small 2 bedroom 1 bath unit on VRBO while enjoying the upper 2 bedroom 1 bath home, both units have been tastefully upgraded over the years. It could easily be converted into a single family home or at this price you could simply start over and build your own 3 story dream home. This home also enjoys a "grandfathered" set back meaning it is not set back 5 feet from the property line which allows it to enjoy ocean views from the second level looking West which can never be obstructed. The lower unit has an outdoor patio with spa.
Last Agent to Sell the Property
eXp Realty of California, Inc License #00958114 Listed on: 10/08/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935 | Remodeled
Lot Details
- 1,353 Sq Ft Lot
- No Common Walls
- Fence is in average condition
- Paved or Partially Paved Lot
- Steep Slope
Parking
- 2 Car Garage
Property Views
- White Water Ocean
- Marina
- Coastline
- Catalina
- Panoramic
- Mountain
Home Design
- Contemporary Architecture
- Major Repairs Completed
- Pillar, Post or Pier Foundation
- Unfinished Walls
- Frame Construction
- Composition Roof
- Wood Siding
- Copper Plumbing
- Plaster
- Stucco
Interior Spaces
- 1,398 Sq Ft Home
- 2-Story Property
- Wired For Sound
- Beamed Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Track Lighting
- Wood Burning Stove
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Storage
Kitchen
- Open to Family Room
- Gas Cooktop
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
Home Security
- Storm Doors
- Termite Clearance
Pool
- Above Ground Spa
Utilities
- Heating Available
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 4103
- Assessor Parcel Number 4137009007
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $360
- Insurance Expense $1,000
- Trash Expense $240
- Water Sewer Expense $600
- New Taxes Expense $17,400
- Gross Income $3,750
- Net Operating Income $50,756
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2017
Sold by
Bishop Lisa Naomi
Bought by
Bishop Lisa N and Lisa N Bishop Revocable Trust
Current Estimated Value
Purchase Details
Listed on
Oct 8, 2014
Closed on
Nov 10, 2014
Sold by
Reger Todd
Bought by
Bishop Lisa Naomi
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Michele Hudson
Keller and Associates Realty/P
List Price
$1,450,000
Sold Price
$1,430,000
Premium/Discount to List
-$20,000
-1.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$800,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 21, 2014
Sold by
Reger Kaleena
Bought by
Reger Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 23, 2013
Sold by
Schultz Geri
Bought by
Reger Todd
Purchase Details
Closed on
May 18, 2006
Sold by
Armstrong Elizabeth
Bought by
Reger Todd and Schultz Geri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 30, 2000
Sold by
Cahoon Shirley J
Bought by
Mcreynolds Shirley Cahoon and The Shirley Cahoon Mcreynolds Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bishop Lisa N | -- | None Available | |
| Bishop Lisa Naomi | $1,430,000 | Lawyers Title Co | |
| Reger Todd | -- | Lawyers Title | |
| Reger Todd | -- | Accommodation | |
| Reger Todd | $960,000 | Fidelity National Title Co | |
| Mcreynolds Shirley Cahoon | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bishop Lisa Naomi | $800,000 | |
| Previous Owner | Reger Todd | $768,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2015 01/07/15 | Sold | $1,430,000 | -1.4% | $1,023 / Sq Ft |
| 11/05/2014 11/05/14 | Pending | -- | -- | -- |
| 10/08/2014 10/08/14 | For Sale | $1,450,000 | -- | $1,037 / Sq Ft |
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 | $20,941 | $1,718,637 | $1,442,217 | $276,420 |
| 2024 | $20,941 | $1,684,939 | $1,413,939 | $271,000 |
| 2023 | $20,435 | $1,651,902 | $1,386,215 | $265,687 |
| 2022 | $20,106 | $1,619,513 | $1,359,035 | $260,478 |
| 2021 | $19,836 | $1,587,759 | $1,332,388 | $255,371 |
| 2019 | $17,704 | $1,540,667 | $1,292,869 | $247,798 |
| 2018 | $17,362 | $1,510,459 | $1,267,519 | $242,940 |
| 2016 | $16,102 | $1,451,807 | $1,218,300 | $233,507 |
| 2015 | $12,418 | $1,122,073 | $1,009,846 | $112,227 |
| 2014 | $12,250 | $1,100,094 | $990,065 | $110,029 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Kaminsky
-
Michele Hudson
Buyer's Agent in 2015
Michele Hudson
Keller and Associates Realty/P
(310) 365-3963
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14217880
APN: 4137-009-007
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