Seller's Agent in 2020
Tad Thormodsgaard
eXp Realty of California Inc
(310) 308-9772
12 in this area
25 Total Sales
220 14th Place Manhattan Beach, CA 90266
Estimated Value: $2,515,924 - $3,097,000
4
Beds
4
Baths
1,866
Sq Ft
$1,528/Sq Ft
Est. Value
Highlights
- Ocean View
- All Bedrooms Downstairs
- Dual Staircase
- Grand View Elementary School Rated A
- Open Floorplan
- Granite Countertops
About This Home
As of August 2020Townhouse style 1,866 sq. ft. duplex with side by side units in the heart of downtown Manhattan Beach just three blocks from the pier and 1 block from the sand with an ocean peek and whitewater views from the roof hatch. Imagine living just steps from what many consider the very best part of the premier beach in Los Angeles. Let the waves whisper lullabies to you at night as you gently fall asleep. Enjoy strolling to all the high-end restaurants and shops, walking or riding on the bike path, and reveling in all the carefree elegance and charm that the Downtown MB lifestyle offers. Both units feature two large bedrooms and two bathrooms that have been recently remodeled. These units mirror each other and were well designed for privacy. Both have a bright and airy living room and a large open kitchen upstairs with a deck that lets in the fresh ocean air. Each unit has high-end stainless appliances, crown molding, dual pane vinyl windows, and quality finishes throughout. There is a two-car garage and an oversized extra parking space on the apron in the alley. One unit has a nice fenced-in patio that could work well as a dog run, as well as a tankless hot water heater and plenty of storage. Both units have a stackable washer and dryer and forced-air heating units. This 1615 sq. ft lot is 20% larger than the typical 1350 sq. ft 1/2 lot and you can feel it. Live in one and rent out the other side or enjoy this A+ location with fantastic rents for years to come.
Last Agent to Sell the Property
eXp Realty of California Inc License #01471775 Listed on: 06/23/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 1,615 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 1 Open Parking Space
- Parking Available
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Duplex
- Turnkey
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 1,866 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Dual Staircase
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Entryway
- Living Room
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
- Disposal
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 29
- Assessor Parcel Number 4179028021
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $77,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2020
Closed on
Oct 5, 2020
Sold by
Schwartz Stephanie M and The Stephanie Schwartz Revocab
Bought by
Yau Wing and Yau Bassey
Seller's Agent
Tad Thormodsgaard
eXp Realty of California Inc
Buyer's Agent
David Bate
Douglas Elliman of California, Inc
List Price
$2,500,000
Sold Price
$2,015,000
Premium/Discount to List
-$485,000
-19.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,981
Avg. Annual Appreciation
6.64%
Purchase Details
Listed on
Jun 23, 2020
Closed on
Jul 22, 2020
Sold by
Schwartz Stephanie M and The Stephanie Schwartz Revocab
Bought by
Yau Wing and Yau Bassey
Seller's Agent
Tad Thormodsgaard
eXp Realty of California Inc
Buyer's Agent
David Bate
Douglas Elliman of California, Inc
List Price
$2,500,000
Sold Price
$2,015,000
Premium/Discount to List
-$485,000
-19.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,209,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2017
Sold by
Schwartz Stephanie M
Bought by
Schwartz Stephanie M and The Stephanie Schwartz Revocable Trust
Purchase Details
Closed on
Jul 12, 2017
Sold by
Schwartz S
Bought by
Schwartz Stephanie M
Purchase Details
Closed on
Jul 29, 2013
Sold by
Schwartz Stephenie M
Bought by
Schwartz Stephanie M and Stephanie Schwartz Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2005
Sold by
Schwartz Stephanie M
Bought by
Schwartz Stephanie M and Stephanie Schwartz Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 20, 2004
Sold by
Schwartz Stephanie
Bought by
Schwartz Stephanie M and Stephanie M Schwartz Revocable Trust
Purchase Details
Closed on
Apr 28, 1999
Sold by
Schwartz James
Bought by
Schwartz Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
7.25%
Purchase Details
Closed on
May 13, 1998
Sold by
Bush Wesley G
Bought by
Schwartz Stephanie and Schwartz James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.13%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yau Wing | -- | Fidelity National Title Co | |
| Yau Wing | $2,015,000 | Fidelity National Title Co | |
| Schwartz Stephanie M | -- | None Available | |
| Schwartz Stephanie M | -- | Ticor Title Company | |
| Schwartz Stephanie M | -- | Usa National Title Co | |
| Schwartz Stephanie M | -- | Usa National Title Co | |
| Schwartz Stephanie M | -- | -- | |
| Schwartz Stephanie M | -- | Lawyers Title | |
| Schwartz Stephanie M | -- | -- | |
| Schwartz Stephanie | -- | Lawyers Title Company | |
| Schwartz Stephanie | $524,545 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yau Wing | $1,209,000 | |
| Previous Owner | Schwartz Stephanie M | $670,000 | |
| Previous Owner | Schwartz Stephanie M | $720,000 | |
| Previous Owner | Schwartz Stephanie | $485,000 | |
| Previous Owner | Schwartz Stephanie | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2020 08/26/20 | Sold | $2,015,000 | -19.4% | $1,080 / Sq Ft |
| 07/16/2020 07/16/20 | Pending | -- | -- | -- |
| 06/23/2020 06/23/20 | For Sale | $2,500,000 | -- | $1,340 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,503 | $2,181,099 | $2,072,857 | $108,242 |
| 2024 | $24,503 | $2,138,333 | $2,032,213 | $106,120 |
| 2023 | $23,876 | $2,096,406 | $1,992,366 | $104,040 |
| 2022 | $23,464 | $2,055,300 | $1,953,300 | $102,000 |
| 2021 | $23,073 | $2,015,000 | $1,915,000 | $100,000 |
| 2020 | $9,655 | $818,366 | $672,298 | $146,068 |
| 2019 | $9,487 | $802,336 | $659,116 | $143,220 |
| 2018 | $9,294 | $786,621 | $646,193 | $140,428 |
| 2017 | $8,900 | $770,433 | $633,523 | $136,910 |
| 2016 | $8,512 | $755,327 | $621,101 | $134,226 |
| 2015 | $8,337 | $743,982 | $611,772 | $132,210 |
| 2014 | $8,230 | $729,410 | $599,789 | $129,621 |
Source: Public Records
Agents Affiliated with this Home
-
Tad Thormodsgaard
-
David Bate
D
Buyer's Agent in 2020
David Bate
Douglas Elliman of California, Inc
(310) 779-6748
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20121691
APN: 4179-028-021
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