R
Seller's Agent in 2023
Robert Sievers
RE/MAX
227 44th St Manhattan Beach, CA 90266
Estimated Value: $2,323,000 - $2,906,000
5
Beds
5
Baths
2,424
Sq Ft
$1,091/Sq Ft
Est. Value
Highlights
- Ocean View
- Granite Countertops
- Laundry Room
- Grand View Elementary School Rated A
- No HOA
- Vinyl Flooring
About This Home
As of June 2023Ocean view income property at Manhattan Beach's notorious surf and sand beach, El Porto. Fantastic income opportunity!!! Triplex with 2 bonus units on an oversized lot! Unit mix includes two updated 2-bedrooms, one 1-bedroom and two bonus studios. 5 parking spots with 2 covered. Top ocean view unit nicely updated and perfect for owner/user to live and rent the rest! Or collect rents and get one of the highest cap rates seen in the Sand Section for income and potential appreciation! Power lines in this area are coming down as work is nearing the final phase! This is a huge bonus to potential value added as well as aesthetically pleasing! Don't miss this unique opportunity to own prime beach real estate in one of the fastest growing locations!
Last Agent to Sell the Property
Robert Sievers
Estate Properties License #01957193 Listed on: 05/25/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 2,381 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Open Parking Spaces
- 2 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
Interior Spaces
- 2,424 Sq Ft Home
- 3-Story Property
- Ocean Views
- Granite Countertops
- Laundry Room
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 29 / 7
- Tax Tract Number 4103
- Assessor Parcel Number 4137005055
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,000
- Fuel Expense $1,500
- Insurance Expense $4,000
- Trash Expense $500
- Water Sewer Expense $1,000
- New Taxes Expense $26,000
- Operating Expense $34,000
- Gross Income $118,500
- Net Operating Income $84,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2023
Closed on
Jun 12, 2023
Sold by
Anton Mills Family Trust
Bought by
Doty Crest Llc
Seller's Agent
Robert Sievers
Estate Properties
Buyer's Agent
Anoop Garg
The Real Estate Consultants Westside Inc.
List Price
$2,575,000
Sold Price
$2,500,000
Premium/Discount to List
-$75,000
-2.91%
Views
62
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
$173,717
Avg. Annual Appreciation
1.95%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Doty Crest Llc | $2,500,000 | Fidelity National Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $2,500,000 | -2.9% | $1,031 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/25/2023 05/25/23 | For Sale | $2,575,000 | 0.0% | $1,062 / Sq Ft |
| 12/21/2022 12/21/22 | For Rent | -- | -- | -- |
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 | $30,895 | $2,600,999 | $2,483,434 | $117,565 |
| 2024 | $30,516 | $2,550,000 | $2,434,740 | $115,260 |
| 2023 | $4,807 | $257,154 | $148,677 | $108,477 |
| 2022 | $4,751 | $252,112 | $145,762 | $106,350 |
| 2021 | $4,796 | $247,169 | $142,904 | $104,265 |
| 2020 | $4,762 | $244,635 | $141,439 | $103,196 |
| 2019 | $3,472 | $239,839 | $138,666 | $101,173 |
| 2018 | $3,375 | $235,138 | $135,948 | $99,190 |
| 2016 | $2,949 | $226,010 | $130,670 | $95,340 |
| 2015 | $2,893 | $222,616 | $128,708 | $93,908 |
| 2014 | $2,877 | $218,256 | $126,187 | $92,069 |
Source: Public Records
Agents Affiliated with this Home
-
-
Anoop Garg
A
Buyer's Agent in 2023
Anoop Garg
The Real Estate Consultants Westside Inc.
(562) 889-4981
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23092050
APN: 4137-005-055
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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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