T
Seller's Agent in 2021
Ted Dodd
Haynes Real Estate
(310) 545-6580
11 in this area
32 Total Sales
224 11th St Manhattan Beach, CA 90266
Estimated Value: $3,451,000 - $4,698,000
6
Beds
4
Baths
2,952
Sq Ft
$1,407/Sq Ft
Est. Value
Highlights
- Ocean View
- Ocean Side of Highway 1
- Wood Flooring
- Opal Robinson Elementary School Rated A
- Ranch Style House
- Up Slope from Street
About This Home
As of March 2021Location - Location - Location. Prime 4-unit building right in the heart of downtown Manhattan Beach. Below Highland. Walking distance to everywhere. Ocean views from 3 of 4 units. Great unit mix. Two- 2 bedroom / 1 bath and Two- 1 bedroom / 1 bath. 30*90 lot. Two car garages off 11th Street and 10th Place. Units have always rented over a weekend. Common area laundry room with 3/4 beach bath (approx. 136 sq. ft.) plus Storage room (approx. 230 sq. ft.) plus workshop area (approx. 374 sq. ft.) are not included in the 2,952 square feet of rentable space. Potential buyers are "Strongly Advised" to confirm with the City of Manhattan Beach regarding the future development potential for this property. Please do not disturb tenants. All offers are subject to approval of an interior inspection.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,102
Year Built
- Built in 1954
Lot Details
- 2,680 Sq Ft Lot
- Lot Dimensions are 30x90
- Two or More Common Walls
- Fenced
- Value in Land
Parking
- 4 Car Garage
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Up Slope from Street
- Driveway Up Slope From Street
- Shared Driveway
- Assigned Parking
Property Views
- Ocean
- City Lights
- Peek-A-Boo
Home Design
- Ranch Style House
- Quadruplex
- Cosmetic Repairs Needed
- Combination Foundation
- Raised Foundation
- Membrane Roofing
- Stucco
Interior Spaces
- 2,952 Sq Ft Home
- Blinds
- Disposal
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Exterior Lighting
Utilities
- Wall Furnace
- Overhead Utilities
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 14 / 69
- Tax Tract Number 6174
- Assessor Parcel Number 4179017014
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $127,800
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2021
Sold by
Fan Joseph T
Bought by
Fan Joseph T
Total Days on Market
5
Current Estimated Value
Purchase Details
Listed on
Dec 30, 2020
Closed on
Jan 12, 2021
Sold by
Knox Craig A
Bought by
Fan Joseph
Seller's Agent
Ted Dodd
Haynes Real Estate
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$3,450,000
Sold Price
$3,305,000
Premium/Discount to List
-$145,000
-4.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,983,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fan Joseph T | -- | None Available | |
| Fan Joseph | $3,325,000 | Usa National Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fan Joseph | $1,983,000 | |
| Previous Owner | Knox J Douglas | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2021 03/02/21 | Sold | $3,305,000 | -4.2% | $1,120 / Sq Ft |
| 01/04/2021 01/04/21 | Pending | -- | -- | -- |
| 12/30/2020 12/30/20 | For Sale | $3,450,000 | -- | $1,169 / 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 | $40,102 | $3,577,436 | $3,469,194 | $108,242 |
| 2024 | $40,102 | $3,507,291 | $3,401,171 | $106,120 |
| 2023 | $39,070 | $3,438,522 | $3,334,482 | $104,040 |
| 2022 | $38,623 | $3,391,533 | $3,289,533 | $102,000 |
| 2021 | $3,379 | $224,414 | $130,446 | $93,968 |
| 2020 | $3,352 | $222,114 | $129,109 | $93,005 |
| 2019 | $3,302 | $217,760 | $126,578 | $91,182 |
| 2018 | $3,209 | $213,492 | $124,097 | $89,395 |
| 2016 | $2,789 | $205,204 | $119,279 | $85,925 |
| 2015 | $2,737 | $202,123 | $117,488 | $84,635 |
| 2014 | $2,730 | $198,165 | $115,187 | $82,978 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Bill Ruane
RE/MAX
(310) 877-2374
21 in this area
433 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20264464
APN: 4179-017-014
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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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