Seller's Agent in 2022
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
16 in this area
153 Total Sales
220 Rosecrans Ave Manhattan Beach, CA 90266
Estimated Value: $2,114,016 - $3,412,000
6
Beds
6
Baths
2,784
Sq Ft
$998/Sq Ft
Est. Value
Highlights
- Property is near a park
- Laundry Room
- Bike Trail
- Grand View Elementary School Rated A
- 4 Car Garage
About This Home
As of March 2022220 Rosecrans Ave and 221 36th PL are two back-to-back ocean view duplexes in the sand section of North Manhattan Beach. Built in 1967, the 1,392 SF buildings sit on (2) 30’ x 45’ sand-section lots, and each features (1) 2-bed/2-bath unit, (1) 1-bed/1-bath unit and (1) 2-car garage. Located seven (7) parcels from The Strand, these duplexes are a short distance to the beach as well as restaurants and retail of North Manhattan Beach.
Given the ideal sand-section location and upside market rent potential (70% increase in GSI), these properties are a great owner-user opportunity or viable value-add opportunity for any Beach Cities investor (APNs for each property are 4175-025-025 & 4175-025-026).
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 02/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,750
Year Built
- Built in 1967
Lot Details
- 2,707 Sq Ft Lot
- 1 Common Wall
Parking
- 4 Car Garage
- Parking Available
Home Design
- 2,784 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 4 / 40
- Tax Tract Number 2
- Assessor Parcel Number 4175025025
- $1,007 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,114
- Other Expense $3,200
- Professional Management Expense $3,688
- New Taxes Expense $45,000
- Operating Expense $53,002
- Gross Income $122,940
- Net Operating Income $69,938
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 11, 2022
Sold by
Shiela Zucker Valerie
Bought by
Mercury Revocable Trust
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$3,600,000
Sold Price
$3,300,000
Premium/Discount to List
-$300,000
-8.33%
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
-$522,246
Avg. Annual Appreciation
-4.64%
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 4, 2022
Sold by
Mercury Revocable Trust
Bought by
John & Linda Stiegler Family Trust and Stiegler
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$3,600,000
Sold Price
$3,300,000
Premium/Discount to List
-$300,000
-8.33%
Purchase Details
Closed on
Feb 8, 2018
Sold by
Zucker Valerie Sheila
Bought by
Zucker Valerie Sheila Berg and The Mercury Revocable Trust
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 |
|---|---|---|---|
| Mercury Revocable Trust | -- | -- | |
| John & Linda Stiegler Family Trust | $3,300,000 | First American Title Company O | |
| Zucker Valerie Sheila Berg | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2022 03/14/22 | Sold | $3,300,000 | -8.3% | $1,185 / Sq Ft |
| 03/03/2022 03/03/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | For Sale | $3,600,000 | -- | $1,293 / 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 | $19,750 | $1,750,992 | $1,644,872 | $106,120 |
| 2024 | $19,750 | $1,716,660 | $1,612,620 | $104,040 |
| 2023 | $19,432 | $1,683,000 | $1,581,000 | $102,000 |
| 2022 | $20,022 | $1,713,419 | $1,576,767 | $136,652 |
| 2021 | $3,015 | $180,917 | $123,869 | $57,048 |
| 2019 | $2,977 | $175,553 | $120,196 | $55,357 |
| 2018 | $2,897 | $172,112 | $117,840 | $54,272 |
| 2016 | $2,638 | $165,430 | $113,265 | $52,165 |
| 2015 | $2,579 | $162,946 | $111,564 | $51,382 |
| 2014 | $2,581 | $159,755 | $109,379 | $50,376 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
-
Johnnie Stiegler
Buyer's Agent in 2022
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
7 in this area
94 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22019345
APN: 4175-025-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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